Tag: Long Haul plan
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Joe Borg Of Alabama Securities Commission Tells WSFA That Profitable Sunrise Worked Because People ‘Kind Of Glossed Over The Mathematics’
EDITOR’S NOTE: Alabama was one of the first U.S. states to take action against the Profitable Sunrise HYIP “program,” issuing both an Investor Alert and a cease-and-desist order last month. The C&D lists two alleged “agents” of Profitable Sunrise, demonstrating that a “program” can create problems for pitchmen, perhaps even as the “program” operators make…
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New Hampshire Joins Many Other States Or Provinces In Issuing ‘Profitable Sunrise’ Warning; [UPDATE: District Of Columbia, Georgia And West Virginia Now On List Of 34, Too]
UPDATED 6:11 P.M. EDT (MARCH 28, U.S.A.) The District of Columbia has issued a warning about Profitable Sunrise. So has West Virginia. Georgia has issued a cease-and-desist order. A majority of U.S. states now have taken action in one form or another against Profitable Sunrise. See the info in the Comments thread below . .…
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CURRENT NUMBER: [35]: Tally (Unofficial) Of States And Provinces Filing Actions Or Issuing Investor Alerts Against Profitable Sunrise
UPDATED 8:52 A.M. EDT (APRIL 16, U.S.A.) See related stories here (April 1) and here (March 25). EDITOR’S NOTE: These numbers are unofficial. They are culled from media reports and/or news releases from enforcement agencies. As the PP Blog reported yesterday, the Profitable Sunrise website appears to be down. The reason why is unclear, although…