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Indiana

  • Indianapolis falls to No. 13 among most populous US cities
     INDIANAPOLIS – Indianapolis has slipped one spot among the nation’s most populous cities to No. 13. The U.S.
  • Lawmakers to study ISTEP+ glitches
    Indiana lawmakers said Thursday they will spend the coming months reviewing computer troubles with a statewide standardized test, the use of land banks to sell vacant property and other problems uncovered around the state.
  • Missing student’s parents accused of harassment
    A man who was one of the last people to see an Indiana University student before she vanished in 2011 says the student’s parents are harassing him and his friends.Corey Rossman told The Journal News of Westchester, N.Y.
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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.

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