Feb 28

Henry "Hank" Allan Clasen, of San Antonio, Texas, was sentenced on February 28, 2007, in the U.S. District Court, Western District of Texas, San Antonio Division, Cause No. SA-04-CR-093, after having pleaded guilty to conspiracy to commit securities fraud, mail fraud, wire fraud; and conspiracy to commit money laundering. Clasen operated under the business names of AWSK-Asset Works, AssetWorks, Inc., NursesSTAT, Equity Founders, Inc. and Global Search. He was sentenced to 9 years confinement in the United States Bureau of Prisons and ordered to pay restitution of $1,282,882.40 to investors.