You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Indiana

  • East Indiana man gets 37 years in prison in son’s death
    RICHMOND – An eastern Indiana man has been sentenced to 37 years in prison in the starvation death of his 3-month-old son.
  • IU proposes 1.75 percent tuition increase
    BLOOMINGTON – Indiana University President Michael McRobbie is recommending tuition and fee increases of 1.75 percent for Indiana residents in each of the next two years at the school’s Bloomington campus.
  • Chief justice encourages diligence to alma mater
    U.S. Supreme Court Chief Justice John Roberts on Friday told graduates of the northern Indiana Catholic boarding school he graduated from 40 years ago that persistence is the most essential quality to success and is the only trait each person
Advertisement

Ind. officials warn investors about British firm

INDIANAPOLIS (AP) — The secretary of state's office is warning investors about a company that promises low risks and high returns but isn't registered to sell securities in Indiana.

The company operates under the name Profitable Sunrise and is based in Birmingham, England.

Officials say Profitable Sunrise tells investors they are helping the economy recover and creating jobs by enabling the company to sell short-term loans to small businesses throughout the U.S.

Investors are instructed to wire money to financial institutions in Eastern Europe, including banks in the Czech Republic.

Several states are investigating Profitable Sunrise. North Carolina has issued a cease-and-desist order.

Officials say investors should always scrutinize any investment opportunity that comes from a foreign country or seems too good to be true.

Advertisement