Global Heritage Trust

Ralph Glen Hines, who claims to have been a business partner of suspected con man Keem Kalfon, has been sentenced to eight years and four months in prison for perpetrating an investment fraud.Hines, 50, of Raleigh, North Carolina, was sentenced on December 17, 2002 at the U. S. District Court for the Eastern District of North Carolina after previously pleading guilty to two counts of fraud.

Nine days after our article last month exposing a fraudulent offshore investment scheme linked with Keem Kalfon, one of the alleged participants was arrested in the United States. Ralph Glen Hines, 49, was arrested on February 9 and is currently in custody in his home state of North Carolina after failing to meet his $5 million bail requirement.

Conman Keem Kalfon is being falsely passed off as the chairman of The Sovereign Society investment group as part of a fund-raising effort for get-rich-quick schemes, OffshoreAlert can reveal. Those responsible are also falsely claiming they control British-based investment trust Gresham House PLC, which has been one of the world's best-performing investment vehicles over the last ten years.