Health Sciences Group Inc (HESG)

[VeronicaFox]

Wow, this company was just full of grifters/con men - the HESG CEO was sentenced to time served, followed by three years of supervised release with a special condition of eight months of home confinement. Of course they had good reason, Thomas Gaffney and Health Sciences Group, Inc. engaged in a fraudulent scheme involving the company's stock - the nefarious scheme involved illicit kickbacks to encourage the purchase of the stock and phony agreements to mask those kickbacks. Gaffney paid illegal kickbacks to a fiduciary of a pension fund so the fiduciary would purchase 400 million restricted shares of the company's stock. Health Sciences also issued shares of its stock as undisclosed compensation to a middleman who introduced them to the purported pension fund fiduciary.

Now they don't have any known CEO, nor attorney, no updates, no OTCM reports in years, they have no bid - even the SOS has moved for Administration DISSOLUTION. What a scam.