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NEWS STORIES

Investment Scam Raising Concerns in WisconsinSubmitted: 03/15/2013
Story By Associated Press

MADISON - Wisconsin's securities agency is warning consumers about an investment scheme in which investors are instructed to wire money to Eastern Europe.

State officials say a Birmingham, England-based company doing business as Profitable Sunrise is promising investors risk-free daily returns of 1.6 percent to 2.7 percent for 180 to 240 days.

Department of Financial Institutions securities administrator Patricia Struck says the company's activities could be viewed as selling unregistered securities, which is illegal in Wisconsin.

Investors in other states were told their money would be used to fund short-term loans to businesses and that all funds were insured against losses.

Investors were instructed to wire money to financial institutions in Eastern Europe.

Struck said that securities officials in North Carolina and South Dakota have issued cease-and-desist orders against Profitable Sunrise.

(Copyright 2013 Associated Press - All Rights Reserved)



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 IN OTHER NEWS
Tomahawk Public Library to close for a monthSubmitted: 08/28/2014

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TOMAHAWK - People living in the Tomahawk area will need to find another library for a while.

The Tomahawk Public Library will be closed for the month of September. No library materials will be due during the month of September.

The library will get a more than $80,000 facelift.

All carpeting will be replaced, and all walls will be repainted.

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Sheriff's office warns of IRS phone scamSubmitted: 08/28/2014

VILAS COUNTY - The Vilas County Sheriff's Office wants to warn people of a phone scam.

People in the area have reported getting calls from people saying they're officers or special agents with the IRS.

The scammer asks for a named person living at the home.

The caller then says the person owes money to the IRS and must pay immediately.

The scammer may also threaten to arrest or prosecute the victim.

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Improvements on the way for this weekend's PotatoFestSubmitted: 08/28/2014

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RHINELANDER - Rhinelander's first-ever PotatoFest last year started as a charity fundraiser and way to recognize the potato's importance in our area.

After last year's success, the event will expand even more this weekend.

PotatoFest features a parade, eating and cooking contests, live music all day, and the YMCA Couch Potato Race.

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Wisconsin faces $281 million budget shortfallSubmitted: 08/28/2014

MADISON - Wisconsin tax collections are more than $281 million short of estimates, a drop that could require the Legislature to take action to keep the budget in balance.

The state Department of Revenue on Thursday released the figures for the fiscal year that ended in June. Those figures show the state collected $281.2 million less than was anticipated by the nonpartisan Legislative Fiscal Bureau in January.

That is nearly 2 percent less than anticipated.

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Kwik Trip opens in RhinelanderSubmitted: 08/28/2014

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RHINELANDER - You can find a new option for coffee, gas and groceries in the Northwoods.

Kwik Trip opened its doors in Rhinelander.

It's a family-owned gas station and convenience store chain out of LaCrosse.

There are 420 locations in Wisconsin, Minnesota and Iowa.

The newest location in Rhinelander will bring 30 jobs to the area.

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Wisconsin governor's race remains dead heatSubmitted: 08/28/2014

MADISON - The latest Marquette University Law School poll shows Gov. Scott Walker and Democratic challenger Mary Burke remain in a dead heat.

The latest results released Wednesday show little movement in the race with 10 weeks until Election Day. Polls in May and July also showed the race to be essentially tied.

The latest poll shows Walker with 47.5 percent support among registered voters, compared with 44 percent for Burke. That is within the poll's 3.5 percentage point margin of error.

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Free school meals for all Lac du Flambeau Public School students this yearSubmitted: 08/28/2014

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LAC DU FLAMBEAU - All students at the Lac du Flambeau Public School will get breakfast and lunch for free this year. A federal program will reimburse the school for all free meals given to students.

The program is called the Community Eligibility Provision. It's part of the 2010 Healthy, Hungry-Free Kids Act. Schools can participate in the Community Eligibility Provision if they have a high poverty rate.

90% of Lac du Flambeau Public School students already got free meals last year. 23 students needed to pay a reduced price and 25 needed to pay full price.

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