CHICAGO,IL - Sunrise Equities, a Chicago based financial services firm which claimed to be Shariah compliant, has gone under leaving many area Muslims robbed of their savings. Incorporated in 2001 the firm claimed that all its services were in compliant with Islamic laws and had the endorsement of a leading religious scholar. According to latest reports coming from Chicago the management of Sunrise Equities and the affiliated Sunrise Constructions have disappeared after closing their offices. Sunrise CEO Salman Ibrahim, Vice President Amjed Mahmood, and Vice President (Community Relations) Mohammad Akbar Zahid are untraceable.
The first indication that all is not well with the firm were first senses two months when its checks started to bounce. Before any action could be initiated by the investors the management just locked up and disappeared along with the computers and other valuables. Read more ...
The first indication that all is not well with the firm were first senses two months when its checks started to bounce. Before any action could be initiated by the investors the management just locked up and disappeared along with the computers and other valuables. Read more ...
Source: Creeping Sharia
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