Security Regulators Warn About Foreign Business Scam

Updated 2 years ago

Maine securities regulators are issuing a warning to investors about a questionable online scheme offered by a foreign-based company known as Profitable Sunrise.Officials say the company has tried to sell unregistered investment contracts online, prompting serious concern and action by securities officials throughout the nation.Securities administrator Judith Shaw says the company makes promises it has no intention of keeping. Shaw says that neither Profitable Sunrise, nor its investment products, are registered in Maine as required by law.


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