Maine warns of online investment scam

8:13 PM, Mar 17, 2013   |    comments
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GARDINER, Maine (AP) - 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 attempted to sell unregistered investment contracts through multiple online sources, prompting serious concern and action by securities officials throughout the country.

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 the Maine Uniform Securities Act.

Consumers who have invested with Profitable Sunrise are encouraged to contact the Office of Securities at (877) 624-8551 (toll free in Maine) or (207) 624-8551.







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