Henry "Hank"Allan Clasen

Feb 18
2004

On February 18, 2004 Henry "Hank"Allan Clasen and Davis "Ted"Theodore Schuch were indicted in U.S. District Court, Western District of Texas, San Antonio Division. The seventeen count indictment charges both Clasen and Schuch with conspiracy to commit securities, mail and wire fraud. Henry "Hank"Clasen is also charged with money laundering conspiracy, mail fraud, wire fraud, transportation of money taken by fraud, laundering of monetary instruments and transactions in property derived from specified unlawful activity. The indictment alleges that the Defendants structured, negotiated and engaged in sham business ventures and opportunities as a means of attracting investment money, capital and funds. They operated under the business names of AWSK-Asset Works, AssetWorks, Inc., NursesSTAT, Equity Founders, Inc. and Global Search.