1. Regarding Esrimeur's suggestion that Rybak could push LGB into liquidation. I doubt it; as TMWNN suggests, all monies owed to CMC/Rybak arise from either the original share issues, or to assets generated therefrom and from the Argentinian contracts. If there are no real cash/assets arising from either then his claim cannot in my view prevail. It would be analogous to a claim for sales commission for booked sales that subsequently turn out to have been bogus.
2. Regarding some comments about "different cultures" and the like. Before we go away with the idea that this scam was all down to terrible Johnny Foreigners, let us not forget the long line of Frauds commited by Englishmen and other "Anglos". Also, that in this case the fraud was in respect of a UK-listed company and that most victims were drawn in by statements made by a decidedly English Chartered Accountant. I might add that as someone with direct experience of tackling fraud and corruption in the UK, albeit much lower level than LGB type scandals, I am of the view that fraud and corruption are endemic in Britain, to a degree that is at least the equal of any "Western" country.
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