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Guam AG urges caution in investing

The Office of the Attorney General of Guam is looking into concerns being raised with regard to business practices of a company by the name of USI-Tech, based out of Dubai, United Arab Emirates.

“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.

Virtual currencies like Bitcoin are commonly used by companies like USI-Tech for investment purposes. According to the Commodity Futures Trading Commission (CFTC), it is important to remember before buying virtual currencies that: