WASHINGTON, July 10 (Reuters) - The former CEO of SCWorx
Corp ( WORX ), a provider of management software for healthcare
providers, was convicted by a federal jury in New Jersey for his
role in a scheme to mislead investors about procurement of
COVID-19 rapid test kits, the U.S. Justice Department said on
Wednesday.
The jury convicted Marc Schessel, 64, of two counts of
securities fraud, the Justice Department said in a statement.
It said that in early 2020, Schessel caused SCWorx ( WORX ) to issue
multiple public statements claiming that SCWorx ( WORX ) was buying and
reselling at least 48 million COVID-19 test kits, despite
knowing that the statements were false.