Warnings and alerts

Found 636 results. Displaying page 8 of 43

1. 9 October 2023

   Smart Money - Uncancellable subscription, undelivered service, suspicious testimonials

   We have been made aware that several New Zealand residents who have subscribed to Smart Money and requested the “emergency cash” service but Smart Money has not sent the “emergency cash” to the requesters/subscribers.

2. 6 October 2023

   9XProfits – Suspected scam

   We recommend caution when dealing with 9XProfits and its website.

3. 6 October 2023

   Kiwi Bonds Trust – Comparison website harvesting investor details

   We are concerned that Kiwi Bonds Trust may be operating a scam.

4. 27 September 2023

   Brownprime – Imposter, upfront withdrawal fees, unrealistic returns

   We are aware that a New Zealand resident who has invested through Brownprime is having difficulties in withdrawing funds.

5. 22 September 2023

   Finex Group – Suspected scam

   Finex Group offers financial products including forex and cryptocurrency trading, financial education, and advice to New Zealanders. It falsely claims it is a regulated entity, however, is not listed under the Financial Services Provider or New Zealand Companies registers.

6. 21 September 2023

   IM Academy – Overseas warnings

   We recommend caution when dealing with IM Academy. Several overseas regulators have issued public warnings about IM Academy, including the recent warning issued by the Commission de Surveillance du Secteur Financier, Luxembourg (CSSF) on 24 May 2023

7. 18 September 2023

   Jecbit Finance Limited – Unregistered, Imposter website

   We recommend caution when dealing with Jecbit Finance Limited. It offers forex and cryptocurrency investments but is not registered to provide financial services in New Zealand. It falsely claims to be a registered company in New Zealand, using the address, NZ Business Number (NZBN) and other business registration details of another company, JEC Finance Limited.

8. 15 September 2023

   Century Trading Group – Imposter website

   We recommend exercising caution when dealing with Century Trading Group. It offers CFD trading opportunities and is not registered to provide financial services in New Zealand.

9. 15 September 2023

   Cluncoin Earn – Imposter website

   We recommend exercising caution when dealing with Cluncoin Earn. It is offering investments and is not registered to provide financial services in New Zealand.

10. 14 September 2023

    Kiwi Term Deposits - Comparison website harvesting investor details

    We are concerned that Kiwi Term Deposits may be operating a scam. It operates a website claiming to offer consumers a way to compare and find the best term deposit and bond rates in New Zealand. It states that investments are “fully insured and asset backed by provider”. However, no such scheme is currently offered in New Zealand.

11. 30 August 2023

    Gold Wise – Imposter website

    Gold Wise offers forex and cryptocurrency investments but it is not registered to provide financial services in New Zealand.

12. 29 August 2023

    Cryptotrusthub – Imposter website, unreasonable withdrawal fees

    We are aware that a New Zealand resident who put money into Cryptotrusthub has had difficulty withdrawing funds. We are concerned that Cryptotrusthub has features of a scam.

13. 21 August 2023

    Coinz Holding – Imposter Website

    The entity Coinz Holding is purporting to be a registered company in New Zealand by using the name and Certificate of Incorporation of a registered New Zealand company, Coinz Holding Limited.  A director of Coinz Holding Limited has confirmed it has no association with this website.

14. 11 August 2023

    Rapid Trade Return – Imposter website

    Rapid Trade Return websites are offering investments and are not registered to provide financial services in New Zealand.

15. 4 August 2023

    WPS Management – impersonates genuine licensed entity

    There are false claims on a WPS Management website that it is a New Zealand Financial Service Provider (FSP), using the company name and FSP registration details of WPS Management Limited.