Warnings and alerts

Found 604 results. Displaying page 1 of 41

1. • Imposter website

   26 June 2024

   pioneerfinanceltd.com – Imposter website

   The trading platform pioneerfinanceltd.com claims to be established in New Zealand, we do not believe this is true.
2. • Suspected scam

   18 June 2024

   Shelly Cullen – Convicted Pyramid Scheme Promoter

   The FMA is warning the public to be cautious of financial and cryptocurrency products and services being promoted by Shelly Rose Cullen (Ms. Cullen).
3. • Imposter website

   18 June 2024

   Xcel Trader - Imposter website, withholding funds

   Xcel Trader is offering managed investment plans with unrealistic returns. It is not registered on the Financial Service Providers Register, which is required for entities offering financial products and services in New Zealand
4. • Suspected scam

   12 June 2024

   Vasttradeoption – coercion through social media

   The FMA has also received a report that Vasttradeoption may be persuading victims into becoming ‘money mules’.
5. • Suspected scam

   11 June 2024

   Investor warning: wisefex.org Investment LTD

   wisefex.org Investment LTD has rebranded as Reliant Assets. We are aware their clients have been asked to use their new website domain: reliant-assets.net. We believe Wisefex is operating a scam through the website and their representatives or associates.
6. • Suspected scam

   24 May 2024

   NZ Rates Finders - Comparison site harvesting investor details

   FMA believes that the NZ Rates Finders website is a front, used to collect personal information from New Zealanders.
7. • Imposter website

   23 May 2024

   Trustpodia – Imposter website

   Trustpodia is displaying a Certificate of Incorporation document on its website using the details of the registered New Zealand company Trust Company (C&S Trust) Limited, which has confirmed no association with Trustpodia.
8. • Imposter website

   20 May 2024

   CapitalGrowthLTD.net – Imposter website

   We recommend caution when dealing with the website CapitalGrowthLTD.net as it is an imposter website.
9. • Suspected scam

   13 May 2024

   Fake Celebrity Investment Scam – Multiple trading platforms

   The FMA has received several reports regarding fake celebrity or fake influencer endorsement advertisements on social media, promoting online investment schemes.
10. • Suspected scam

    3 May 2024

    Kiwibank – Fake term deposits

    A scam offering fake term deposits using the name of Kiwibank is targeting New Zealanders.
11. • Suspected scam

    1 May 2024

    Equity Budget – Suspected scam

    We recommend caution when dealing with Equity Budget. Equity Budget is making false claims about being an investment company and being a registered New Zealand company.
    

12. 29 April 2024

    Affix Global Holdings Ltd – Imposter Website

    We recommend caution when dealing with Affix Global Holdings and its website.

13. 24 April 2024

    Hz-cap.com - Imposter, unsolicited offer

    Hz-cap.com has been cold calling New Zealand residents, attempting to offer an investment in Starlink IPO. Unsolicited offers of financial products are prohibited in New Zealand.

14. 17 April 2024

    AxonExchange – Imposter website, suspected scam

    The FMA recommends caution when dealing with AxonExchange and its associated websites. We are aware of an investor who has invested with AxonExchange and is now unable to withdraw funds.

15. 16 April 2024

    Quantum Ireland ICAV – Withholding client funds, overseas regulator warning

    FMA are concerned Quantum Ireland ICAV and its website may be operating a scam. We are aware of unsolicited calls being made by Quantum to New Zealand residents and funds being withheld.