Alaska Issues Alert On WCM777; State Asks Local Investors To Contact Division Of Banking And Securities
The WCM777 “program,” also known as Kingdom777 and Global-Unity, is now the subject of an Investor Alert in Alaska.
Alaska’s move brings the unofficial total of jurisdictions or regulatory agencies filing actions or issuing Investor Alerts against WCM777 to eight: The country of Peru, the state of Massachusetts, the state of California, the state of Colorado, the state of Louisiana, the state of New Hampshire, the state of Alaska, the province of New Brunswick.
“Investors have been promised returns of up to 140% in a period of less than one year,” said Kevin Anselm, director of Alaska’s Division of Banking and Securities. “This type of promise should raise serious red flags for investors, especially when traditional investments such as bank certificates of deposit are generally providing notably less return in the same period of time.”
Alaskans with information regarding World Capital Market may contact the Division at 907-269-8140 or through email.