Loading

71°F

70°F

62°F

72°F

68°F

73°F

62°F

75°F

66°F

72°F

75°F

62°F
Search
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)



Text Size: + Increase | Decrease -
Print Story | Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS

SHAWANO - A minivan hit and killed a construction worker in Shawano County Tuesday.

30-year-old Derek Stempa of Shawano had been flagging traffic.

68-year-old Dennis St. John of Hurley was driving the minivan when he struck Stempa.

The Shawano County Highway Department had been doing road work in the area.

That's on Highway 47 near the Menominee Indian Reservation.

The Wisconsin State Patrol is in charge of the investigation.

+ Read More

MERRILL - A one-of-a kind business opened in Merrill this month.   Again and Again is part resale and part online auction, using its own website. The owner moved the business from Wausau after three years partly due to competition.

"In Wausau, I would say yes, the market was already full," said Again and Again Owner Jody Malsack. "You were competing against people that were friends of yours and you knew, and you don't want to step on too many toes. So here (Merrill) it's kind of unique to this area, and I like it that way."

+ Read More

MONTREAL, WI - Three-year-old Kolton Ouellette spends his days in a crib, a chair, or a piece of equipment that looks like it belongs in a hospital.

Kolton is not like most three-year-olds. He can't walk, he can't talk, and in fact, he can't even open his eyes fully.

Nineteen months have passed since the crime that put Kolton in this state, suffering from severe and permanent brain damage.

+ Read More
Rain, storms affect golf seasonSubmitted: 05/27/2015

RHINELANDER - The rainy weather could be hurting some golf courses in the Northwoods. The Northwood Golf Club in Rhinelander has had fewer golfers than normal this month.

The club usually has many people pre-book their tee-times for the summer. But this year, not as many people are doing that. The club says it actually had more golfers playing in April than in May this year.

+ Read More
DNR plans Free Fun WeekendSubmitted: 05/27/2015

WISCONSIN - You might save some money if you decide to go hiking or fishing next weekend. Free Fun Weekend happens statewide on June 6th and 7th. The DNR lets people fish without a license on state waters both days and state parks also waive entrance fees.

"We seem to have a lot more users that want to come in and see what the park is about, take a trip on one of the trails," said Council Ground State Park Superintendent Dawn Bishop. "We do see an increase in use for that weekend."

+ Read More

Play Video

ONEIDA COUNTY - Cranberry growers in the Northwoods hope this season will be better than last year's. 

Last year's late spring and cool summer hurt cranberry crops.

Growers at Lake Nokomis Cranberries in northern Oneida County think this season will be better.

+ Read More
Woman drowns in Marathon CountySubmitted: 05/26/2015

EDGAR - Marathon County authorities say a woman has died from drowning in a pool in Edgar in central Wisconsin.

Lt. Tim Burkholder of the Marathon County Sheriff's Department says it happened some time after midnight Monday.

 While the investigation is ongoing, he says the drowning appears to be accidental.

 The department is withholding the victim's name and other details for now.



+ Read More
+ More General News
Search: 




Click Here