Following
mounting controversy
surrounding
Guam Senator Tommy Morrison’s involvement in the USI-Tech Ponzi scheme
, the Attorney General of Guam has issued an investor warning.

The Attorney General’s warning is dated January 11th and advises the Attorney General’s Office is

looking into concerns being raised with regard to business practices of a company by the name of USI-Tech.

“Consumers who are looking to invest their money should exercise caution, do your research, and consult with experts in the field before making a decision to invest your hard-earned money or retirement in the virtual currency marketplace.” said Attorney General Elizabeth Barrett-Anderson.

Senator Morrison is not mentioned in the Attorney General’s warning.

Unfortunately for the hundreds of Guam residents who opted to invest in USI-Tech, it appears most did so without conducting proper due-diligence.

A quick search of the SEC’s Edgar database prior to investing in USI-Tech, would have revealed the company is not registered to offer securities in the US.

Instead USI-Tech investors in Guam appear to have blindly followed Senator Morrison and other local leaders, who turned a blind-eye to USI-Tech’s regulatory deficiencies in favor of chasing Ponzi profits.

USI-Tech investors with concerns are urged to contract the Consumer Protection Division of the Office of the Attorney General’s Office.

At the time of publication the Guam Attorney General’s Office website has not been updated with the January 11th investor warning.

A copy however is available courtesy of the Pacific News Center.

🤖 Quick Answer

What warning did Guam's Attorney General issue regarding USI-Tech?
The Attorney General of Guam issued an investor warning on January 11th cautioning consumers about USI-Tech's business practices. The office recommended exercising caution, conducting thorough research, and consulting financial experts before investing in virtual currency markets to protect savings and retirement funds.

Who is Senator Tommy Morrison's connection to the USI-Tech controversy?
Senator Tommy Morrison's involvement in the USI-Tech Ponzi scheme prompted the Attorney General's investigation. However, Morrison was not specifically mentioned in the official warning, despite mounting public controversy surrounding his participation in the fraudulent investment scheme.

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