The Financial Markets Authority (FMA) warns the public of an illegal offering of securities by Profitable Sunrise (Prosun) and/or NJF Global Group which has been advertised on 'youtube' by Mr Robert(Bob)Hughes, also known as Bob Hughes.
It is FMA's understanding that these entities are operating from the UK and the US.
FMA is concerned that Prosun is illegally offering securities to the public in New Zealand in breach of NZ securities law, and warns New Zealanders not to invest in the above entities.
If you have invested with Profitable Sunrise or NJF Global Group, FMA would like to hear from you. Please contact our helpline on 0800 434 567.