Jun 23
2004

Larry Don Johnson, of Austin, Texas, was re-indicted by a Travis County, Texas Grand Jury, in the 147th Judicial District Court on June 23, 2004. Johnson was previously indicted in Travis County on January 7, 2004. The new indictment alleges Johnson committed aggregated theft by deception, in addition to securities fraud, offering and selling securities without being registered as a securities dealer or agent and offering and selling unregistered securities. The indictment was based on Johnson's sale of investments in an automated teller machine investment program of companies known variously as PaymentWorks, Inc., Payment Works and XpressPay ATM.