SEC charges ‘Left Behind’ game CEO with cooking books

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“Lyndon and Zaucha’s scheme duped investors into believing Left Behind Games was becoming a successful enterprise when it was struggling to stay afloat,” Michele Wein Layne, director of the SEC’s Los Angeles office, said in a statement. “Lyndon essentially gave Zaucha stock in exchange for phony revenue streams that created an inaccurate portrait of the company’s financial health.”

The SEC is seeking financial penalties and permanent injunctions against both Zaucha and Lyndon.

The agency is also temporarily suspending trading of the company's stock “due to a lack of current and accurate information about the company.”

Left Behind Games is the world’s largest publisher of Christian-themed video games.

The company says that its games are focused on “bringing Bible stories to life.” One popular title is based around the Left Behind novel series.