Liam Broza committed fraud.

He stole investment money, lied about signed agreements, forged invoices and other records to cover it up, deleted project files, and carried disputed technology into a $75 million acquisition. The documents are below.

Read the filed complaint →

Broza took $100,000 in Bitcoin and denied the contract.

Lea Walters sent 2 BTC after Broza signed a SAFE promising company stock. Coinbase recorded the transfer. DocuSign recorded his signature. His lawyer later claimed he never signed it.

The signed SAFE records a $100,000 investment paid as 2 Bitcoin.
The signed SAFE records a $100,000 investment paid as 2 Bitcoin.
Coinbase records the completed 2.000001 BTC transfer.
Coinbase records the completed 2.000001 BTC transfer.

Broza used a false cancellation record to attack the real SAFE.

The purported cancellation email uses a misspelled address, does not exist in either recipient’s account, and does not show Lea Walters surrendering her rights. Broza’s authenticated DocuSign history shows him reopening the real agreement months later.

The denial was sent with both the disputed cancellation record and the signed SAFE attached.
The denial was sent with both the disputed cancellation record and the signed SAFE attached.

Broza forged a $30,000 invoice in Shaw Walters’s and Alex McKelley’s names.

The recovered Dropbox file is dated October 4, 2021 but was created April 3, 2022. It bills Broza, misspells McKelley’s name as ‘McKelly,’ demands $30,000, and shows line-item totals of $0 for Walters and blank for McKelley. Walters and McKelley deny creating or authorizing it. The same recovered Dropbox contains other files Walters identifies as digitally altered.

Recovered file · Invoice #519 · Bill to: William Collins-Broza · Pay to: Shaw Walters - Alex McKelly · Invoice date: October 4, 2021 · File created: April 3, 2022 · Total: $30,000
The recovered invoice misspells McKelley’s name, shows contradictory line totals, and demands $30,000.
The recovered invoice misspells McKelley’s name, shows contradictory line totals, and demands $30,000.

Broza commingled company money in his personal checking account.

Investment and business money for Laguna Labs, XR Foundation, MetaConstruct, and The Nexus was deposited into Broza’s personal checking account while partners were denied complete books and access.

Broza concealed commercial payroll through nonprofit payments.

Laguna Labs billed Psychedelic Games $135,765 while overlapping payments to the same workers appeared through XR Foundation’s Open Collective. Client correspondence says Laguna Labs engineers were being paid through that fund.

The same workforce appears in the commercial invoice and foundation payment records.
The same workforce appears in the commercial invoice and foundation payment records.

Broza deleted Nexus files after signing the project away.

The novation transferred Laguna Labs’ Nexus rights and obligations to Nexus City Holdings. Google Drive then recorded Liam Broza removing project files and restricting access.

The signed agreement transferred the Nexus project.
The signed agreement transferred the Nexus project.
Drive later recorded Broza removing items and restricting access.
Drive later recorded Broza removing items and restricting access.

Broza filed a false IRS information return using Walters’s phone number as his taxpayer ID.

The Laguna Labs 2021 Form 1099-NEC reports $53,458.18 to Shaw Walters. Instead of Walters’s Social Security number, it uses digits from his phone number in the recipient-identification field.

2021 Form 1099-NEC · Recipient: SHAW WALTERS · Compensation: $53,458.18 · Recipient identification number: phone-number digits redacted

Broza stole the $150,000 Nexus investment.

Matt Symons invested $150,000 for The Nexus. Broza signed the project transfer but did not transfer the remaining money needed to perform the work.

Broza seized XREngine and erased its contributor history.

Repository archives preserve XREngine’s original name, license, commits, and contributors. HyperConstruct renamed and relicensed the project while removing the history tying it to XR Foundation, Walters, and the original team.

Broza carried disputed technology into a $75 million acquisition.

The same technology and team continued through HyperConstruct and Ethereal Engine after Walters was removed. Infinite Reality later announced a share-for-share acquisition based on a stated $75 million valuation.

Broza billed clients while misrepresenting staffing and ownership.

Client records show large invoices, missed deliverables, withheld repositories, disputed ownership, and workers billed through Laguna Labs while being paid through another structure.

Broza rebranded other people’s work as LifeScope and pitched it to investors.

Timestamped files identify work created by Shaw Walters and Alex McKelley before it appeared under Broza’s LifeScope brand and in his investor materials without credit or permission.

Broza is more than two years overdue in discovery and has been sanctioned by the court.

Broza has obstructed this case for more than two years by refusing to complete discovery. The court has already sanctioned him, yet he remains out of compliance. His continued defiance has delayed scrutiny of the fraud evidence and exposes him to escalating sanctions—including having facts established against him, evidence excluded, his pleadings struck, default, and contempt.