Monday, March 25, 2013

“Profitable Sunrise” – Ponzi Globalized

Like to make 2 percent or more  a day –yes, a day – on your money? Welcome to Profitable Sunrise, a  pyramided Ponzi scheme.

Ostensibly based in Manchester, England, Profitable Sunrise may originate in Eastern Europe. Somewhere I read that certain Internet operations were traced to  Virginia.

And where do clueless investors or daring "in-and-outers" wire their money? According to this post, to Baltikums Bank in Nicosia, Cyprus!

It is a small world, after all.

Ledra Street, Nicosia, Cyprus
Photo via Wikimedia Commons

(It's also a world in which everything you read on the Web isn't necessarily so. Baltikums Bank's Cyprus branch appears to be in Limassoi, not Nicosia.)

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