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Ohio Issues Alert About Investment Scam

State authorities are warning Ohioans about an Internet investment scheme that may be targeting religious organizations. Ohio joined 15 other states and five Canadian provinces last week when it issued an investor alert against Inter Reef Ltd., doing business as Profitable Sunrise. The Ohio Department Commerce's Securities Division says the United Kingdom company and its operators - brothers Roman and Radoslav Novak - are engaging in securities fraud, selling securities unlicensed and selling unregistered securities online. Commerce Director David Goodman says consumers should view no-risk, high-return investments as often "too good to be true." The site includes Bible verses and options for donating investment returns to charity that could signal religious groups are a target.

Mike Foley joined WCBE in February 2000, coming from WUFT in Gainesville, Florida. Foley has worked in various roles, from producing news and feature stories to engineering Live From Studio A sessions. A series of music features Foley started in 2018 called Music Journeys has grown into a podcast and radio show. He also assists in developing other programs in WCBE's Podcast Experience. Foley hosts The Morning Mix, a weekday music show featuring emerging and established musicians, our Columbus-area and Ohio-based talent, and additional artists that inspire him.