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Historical Topic: This discussion is from 2008. For current info, check out our updated guides.

Landbankers International Update

Started April 3, 2008 · 14,016 views · 2 posts
For everyone following the Landbankers International scams, here is some updated information including another company name change to be aware of (Sierra Madre MX). As always, buyer beware.

http://www.canada.com/saskatoonstarphoenix/news/business/story.html?id=6ac74e72-5f6c-47a4-9af8-a3e4fa2f4a77

The cease trade order against them in Alberta also remains in affect for now.

http://www.albertasecurities.com/news/Lists/ASC%20News/DispForm.aspx?ID=499
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Any and all cease trade orders in Canada remain fully in affect on LBI and any affiliated or renamed version of the company, and sources at the Securities Commission have said there is a possibility of criminal charges sometime in the future based on fraud - and that if they \"invested\" with this group they should be seeking legal advice ASAP and contacting both the Alberta and Saskatchewan Securities Commissions for more information.