Save 3ABN Special Report
3ABN's New Board Member: Larry Romrell
On August 3, 2007, Plaintiffs 3ABN and Danny Shelton filed their witness list in U.S. District Court,
a list which included the following new board member:
Larry Romrell brings to the 3ABN Board a wealth of experience, and perhaps the most notable is his
involvement in Capcom UK (a firm that was indicted in the U.S. in 1988) and Capcom US. His involvement
in these companies resulted in his being subpoenaed by the U.S. Senate Committee on Foreign Relations.
But first, his qualifications of a less sensational sort.
Interest in Aviation
3ABN president Danny Shelton has owned or leased at least two corporate jets to this point in time.
Larry Romrell likewise has an interest in aviation, which has resulted in his appointment by the governor
of Colorado to the Colorado Aeronautical Board. As a 2003 release by the governor's office puts it:
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(DENVER) - Harold Jay Felderman of Greeley and Larry Romrell
of Franktown were appointed by Gov. Owens to the Colorado Aeronautical
Board.
"Harold Felderman and Larry Romrell have solid backgrounds
to effectively address the aviation needs within Colorado," said
Owens. ...
Larry Romrell, directs the corporate flight department at
Liberty Media Corporation. He serves as director of Liberty Media
and as a director of Liberty Livewire Corporation. Prior to these
positions, Romrell worked for TCI, a telecommunications company
based in Colorado, for nearly forty years. ("Owens
Appoints Two Members to the Colorado Aeronautical Board"; picture from
"Colorado Aeronautical Board")
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Cable TV Media Executive
Larry Romrell has had a long history of involvement with television, as the above press release makes clear.
From BusinessWeek:
BACKGROUND
Larry E. Romrell served as Executive Vice President and Chief
Executive Officer of TCI Business Alliance and Technology Co.,
a former subsidiary of TCI that oversaw and developed TCI's technology
activities, from December 1997 to March 1999. Mr. Romrell served
as Executive Vice President of Tele-Communications Inc. from
January 1994 to March 1999, and served as a Consultant to AT&T
Broadband since March 1999 and served as a Consultant to Liberty
Media Corp. From December 1997 to March 1999, Mr. Romrell
served as Senior Vice President of TCI Ventures Group LLC; and
as President of TCI Technology Ventures Inc., a former subsidiary
of TCI that invested in and developed companies engaged in advancing
telecommunications technology, from September 1994 to October
1997. Prior to that, he had been Senior Vice President of TCI
Communications Inc., ("TCIC") from 1991 to October 1994. Prior
thereto, Mr. Romrell held various executive positions with WestMarc
Communications Inc., which is a wholly owned subsidiary of Old
TCI. Mr. Romrell has been a Director of Liberty Media Corp. since
March 1999. He has been a Director of Liberty Global Inc. since
June 2005. Mr. Romrell has been a Director of Ascent Media Group
Inc. since June 2000. Mr. Romrell serves as a Director of TV
Guide Inc., TCI Technology Ventures Inc., LMC (Holding Co.) and
Guaranty Bank & Trust Company. He also serves as a Director of
United Video Satellite Group and serves on the compensation committee.
Mr. Romrell served as Director of Liberty Media International
Inc., from May 2004 to June 2005. Mr. Romrell served as a Director
of Arris Group Inc., since 2000. Mr. Romrell served as a Director
of Teleport Communications Group Inc., since April 1996 and previously
served as a Director from November 1992 to October 1995. He served
as a Director and Member of the Audit Committee of TSX Corp.,
since 1994. Mr. Romrell served as a Director of General Communication
Inc., a holding of GCI Inc. since 1980. Mr. Romrell served as
Member of Audit and Compensation Committees of General Communication
Inc.(Parent), a holding of GCI Inc.
...
BOARD OF DIRECTORS MEMBERSHIPS
2006-Present
Director, Member of Nominating and Corporate Governance Committee and Member of Compensation Committee
Liberty Media Capital
2005-Present
Director, Member of Compensation Committee and Member of Nominating & Corporate Governance Committee
Liberty Global Inc.
2000-Present
Director
Ascent Media Group Inc.
2000-Present
Former Director
Arris Group Inc.
1999-Present
Director, Member of Compensation Committee and Member of Nominating & Corporate Governance Committee
Liberty Media Corp.
1996-Present
Director
AT&T Local Services
1994-Present
Former Executive Vice President, President of TCI Technology Ventures Inc. and Director of TCI Technology Ventures Inc
TCI Ventures Group
1994-Present
Former Director
TSX Corporation
1980-Present
Former Director - General Communication Inc
GCI Inc.
Director
Unitedglobalcom Inc.
Director
TV Guide, Inc.
Director
Fenix Enterprises
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Generosity
Western Fantasy Fundraiser
According to BlackTie-Colorado.com, Larry Romrell
has sat on the Board of Directors of Volunteers of America for at least
2003,
2004,
2005, and
2006.
Each year the Volunteers of America hosts a famous fundraising event called the Western Fantasy Gala
at the Western Complex in Denver. Western Fantasy was founded by Sharon Magness, the widow of
Bob Magness (a former business associate of Larry Romrell), and Jean Galloway.
As part of the fundraising event, Larry and his wife Cheryl contributed a motorcycle for the auction that
followed the dinner in
2003,
2004,
and 2005.
For the 2003 event their donated
2002
FXTS/FXSTSI Springer Softail Harley Davidson, valued at $25,000, sold for $37,000.
The 2005
Harley was won by
George
Webb, Senior Vice President of Great West Life Assurance Co.
New 800-Seat Church
From a Ghana
newspaper comes this impressive story:
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By Times Reporter
Wednesday, 11 April 2007
SUZY Sims, an American philanthropist, cutting the tape to dedicate
a ¢600 million chapel for the New Life Historic Adventist Church
at Osofoiaman near Mayera in the Ga West District.
The chapel with a 800 seating capacity for worshippers and funded
by Mr Larry Romrell, has a conference hall, library, vestry,
pastors' office and toilet facilities.
Speaking at the ceremony, Joseph Class-Peters, the Area Pastor,
said that plans were afoot to build primary and junior secondary
schools on the precinct of the church.
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Besides being the Area Pastor of New Life Historic Adventist Church, Joseph Class-Peters is the director
of Steps to Life-Ghana, according to StepsToLife.org.
Danny Shelton's brother Kenny Shelton, whom some sources have called the real founder of 3ABN, has authored at least
15 articles for Steps to
Life's magazine, LandMarks, and was the final speaker for the 2006 Ten Commandments Weekend.
Scandal Extrication
According to NameBase.org,
Larry Romrell's name can be found in the following publications:
The page at NameBase.org goes
on to associate Larry Romrell's name with a number of Middle Eastern personages who were tied into
a scandal known as the BCCI affair, something bigger and more ominous than 3ABN president
Danny Shelton ever thought of being involved in.
BCCI stands for the Bank of Credit and Commerce International, a Pakastani bank and was called by
Senators John Kerry and Hank Brown in the "BCCI's Criminality" section of their 1992 report to the Senate
Committee on Foreign Relations, "the largest case of organized crime in history, spanning over some 72 nations."
What all was involved?
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BCCI's criminality included fraud by BCCI and BCCI customers
involving billions of dollars; money laundering in Europe, Africa,
Asia, and the Americas; BCCI's bribery of officials in most of
those locations; support of terrorism, arms trafficking, and
the sale of nuclear technologies; management of prostitution;
the commission and facilitation of income tax evasion, smuggling,
and illegal immigration; illicit purchases of banks and real
estate; and a panoply of financial crimes limited only by the
imagination of its officers and customers. ("Executive Summary")
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Larry Romrell's name appears in the Executive Summary, the
chapter on Capcom, copies of which we have placed on
Save3ABN.com, ad well as the Appendix.
Larry was the chairman of Capcom Financial
Services, Ltd., based in the UK, as well as Capcom Futures, Inc., of Chicago. Certain individuals involved with
BCCI had founded Capcom and were using it for purposes that were not fully understood by Senators Kerry and Brown.
Larry Romrell, Bob Magness, and two other Americans "played important and varied roles as frontmen" for Capcom,
but "evidently were never involved in the management of the firm." Capcom UK was indicted in Tampa, Florida in 1988.
To his credit, Larry Romrell, as far as we can tell, was never charged, indicted, tried, or convicted in
the whole affair. That being so, is it at all possible that Larry can help 3ABN president Danny Shelton
extricate himself out of the situation he now finds himself in, with his reputation and bank accounts intact?
Or will Larry use his extensive business expertise to rectify the problems at 3ABN, and clean house?
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