Tag: Financial Markets Authority
-
BULLETIN: Kentucky Issues Emergency Cease-And-Desist Order To Profitable Sunrise; Order Identifies Possible Pitchwoman Issuing News Releases That Include Link To ‘HYIP Investment Calculator’; [UPDATE: Ohio, Other States Issue Warnings]
EDITOR’S NOTE: Ohio now has issued a warning on Profitable Sunrise, saying 15 other states also have issued warnings. Information from Ohio and other states has been added to the Comments thread below . . . BULLETIN: (UPDATED 2:01 P.M. EDT (U.S.A.) The state of Kentucky has issued an emergency cease-and-desist order to the Profitable…
-
New Zealand Calls Profitable Sunrise ‘Illegal,’ Issues Warning, Cites YouTube Promos — And Suggests U.S.-Based Recruitment Arm May Be Part Of Scam
The Financial Markets Authority of New Zealand (FMA) has joined regulators in the United States, Canada and the United Kingdom in issuing a warning on the Profitable Sunrise HYIP “program.” New Zealand’s warning also extends to NJF Global Group, which appears to be a Profitable Sunrise recruitment organization operating from the United States. (More below.)…