Back
Page last updated: 09 September 2024

Warnings and alerts

This list of warnings and alerts on this page contains the names of businesses or individuals you should be wary of if you are planning to invest. The list is not exhaustive and there is no guarantee that the business or individual listed has not changed their name.

Download: "Select"

Search Results

Found 630 results. Displaying page 10 of 42

  1. 5 July 2023

    OKX Pro – Unregistered, withholding funds

    OKX Pro offers cryptocurrency products through its website. OKX Pro is based overseas but does not appear to be subject to regulation by any overseas regulator. It is unreasonably withholding funds and requesting further funds to enable withdrawals.

  3. 4 July 2023

    Stake Funds – Unregistered, withholding funds

    We recommend exercising caution when dealing with Stake Funds and its website stakefunds.co. The website offers investment plans however is not registered to provide financial services in New Zealand.

  4. 12 June 2023

    Market Radar – Unreasonably withholds clients’ funds

    The entity offers trading in cryptocurrency, forex and CFDs via their website. However, Market Radar is not a registered entity, nor a registered financial service provider in New Zealand. As such, they are not registered to provide financial products or services to New Zealand residents, nor do they hold a Derivatives Issuer Licence.

  5. 12 June 2023

    Rolvi Trade – unregistered, potential pyramid scheme

    Rolvi Trade is offering cryptocurrency products and services via its website rolvitrade.com. It is not registered on the Financial Service Providers Register or regulated to provide these services and products to New Zealand retail clients.

  7. 9 June 2023

    Ventures Equity – Imposter website

    Ventures Equity's website claims to offer investment opportunities in crypto trading, real estate, futures and forex trading. It is not a registered financial service provider in New Zealand or able to offer financial services to New Zealand residents.

  8. 9 June 2023

    BNP Paribas – Fake bonds offer

    We are concerned that a scam is targeting New Zealanders and offering investments in “Treasury” and “clean energy” bonds in the name of BNP Paribas bank. BNP Paribas has confirmed that it is not connected with these offers. A similar warning about fake BNP Paribas bonds was issued by the FMA in September 2022, but investment scams using the bank’s name have continued.

  10. 2 June 2023

    BuntyCorp – Imposter website

    We recommend exercising caution when dealing with BuntyCorp.com. BuntyCorp offers crypto investments with unrealistically high returns and is not registered to provide financial services here in New Zealand.

  13. 26 May 2023

    Fake offer of Suncorp fixed term deposit

    WARNING: We are aware that a New Zealand resident is unable to recover the money paid for a fixed term deposit purporting to be offered by Suncorp New Zealand.

  15. 15 May 2023

    Citi Prospectus Scams

    FMA are concerned that a scam operation is targeting New Zealand residents and offering investment in term deposits in the name of Citi N.A.