Light Harmonic (LH Labs). Scam? USD$6 million not delivered since 2014

[jhwalker]

30 minutes ago, bernardperu said:

Thanks for your support! For all of those who are interested on this case, here is some data on the LH Labs fisco:

 

We should observe the following facts:

1) LH Labs has raised approximately 6 million US. dollars.
2) LH Labs refuses to provide deadlines of delivery.
3) LH Labs refuses to provide refunds (even to those who would settle just for a portion of their initial investment).
4) LH Labs refuses to provide updates on % of delivered items for all products (5-8 in total), except for the Pulse which they claim has a 94% successful delivery rate. 
5) Most backers have not received their items and most items have not been delivered.
6) Larry Ho seems to be the Director of the company that has his initials (what a coincidence!). 
7) We are unaware of how this company is actually formed and they refuse to provide data on their actual structure. The owner of LH Labs corporation is Yuan He (who is this person who is legally responsible for all this fiasco?) 
8) Larry Ho aims on staying in the audio industry. 

I really feel we backers are lost and we do not have any clear clues on whether our items will be ever delivered or not.

Anyone has any more facts to add?

 

By the way, I am hoping this case will make it to the Federal Authorities. 

 

5. I received every single thing I funded (two Pulses, 2 split USB cables, LPS power supply, other various peripherals)

6. LH is not a coincidence, of course

7. Yuan He is Larry's Chinese name (e.g., Yuan He = Larry Ho)

 

I'm as disappointed as everyone else about this fiasco, but wanted to contribute some facts.

 

 

[jhwalker]

2 hours ago, Panelhead said:

  The carrot was that LH was selling a 30K dac. The IGG dac was 99.00 at first. With all upgrades over a period of time maybe 1200.00 for Pulse and power supply. 

  The Vi was more but still way under 30K. All the products after we’re dreamware. 

  I was very happy when my 900.00 Infinity arrived. Two years overdue, no longer a bargain, and failure prone. 

 

I got two Infinity+ (or whatever the final moniker was); i.e., fully loaded Pulse DACs.

 

Both sounded incredible, but they only worked for a couple of years before the USB port (I'm assuming) went out and now they both only play static

 

Had they continued to work, I had no intention of upgrading - I was thrilled with the sound.  But reliability is very important to me, so right now, I'm hanging 10 with an iFi xDSD (which also sounds very good) and keeping my eyes open for a serious DAC sometime in the next couple of years.