Justice Dept.: Former CEO of Publicly Traded Company Convicted of Securities Fraud Scheme
July 11, 2024
July 11, 2024
WASHINGTON, July 11 -- The U.S. Department of Justice issued the following news release on July 10, 2024:
A federal jury in New Jersey convicted the former CEO of SCWorx Corp. (SCWorx), a publicly traded health care company, today for his role in a scheme to mislead investors about SCWorx's procurement of COVID-19 rapid test kits in the early days of the COVID-19 pandemic.
According to court documents and evidence presented at trial, Marc Schessel, 64, of New Paltz, New . . .
A federal jury in New Jersey convicted the former CEO of SCWorx Corp. (SCWorx), a publicly traded health care company, today for his role in a scheme to mislead investors about SCWorx's procurement of COVID-19 rapid test kits in the early days of the COVID-19 pandemic.
According to court documents and evidence presented at trial, Marc Schessel, 64, of New Paltz, New . . .