Warnings and alerts

Found 636 results. Displaying page 16 of 43

1. 29 March 2022

   FMA warns about a Decentralised Application: eth-coinbasemart.com

   FMA are concerned that eth-coinbasemart.com (the dapp), a Decentralised Application, is involved in a scam. We have received a complaint from a New Zealand resident whose funds have been unreasonably withheld by the dapp.

2. 25 March 2022

   FMA cautions investors about financeassistlimited.com

   WARNING: FMA recommends caution when dealing with.financeassistlimited.com as the FMA is concerned this website may be operating a scam.

3. 17 March 2022

   FMA issues warning about croftcapital.ltd

   WARNING: FMA are concerned that https://capitalcycleslimited.com is involved in a scam. The website falsely claims that it is “legally registered with the New Zealand Securities & Investment company with NZ:1271353”.

4. 11 March 2022

   FMA warns that investors unable to recover funds paid to stallioncapital.net

   WARNING: The FMA recommends exercising caution when dealing with www.stallioncapital.net (the website), as the FMA is concerned this website may be operating a scam.

5. 11 March 2022

   WARNING: Capital Cycles Limited have falsely claimed that they are legally registered

   WARNING: FMA are concerned that https://capitalcycleslimited.com is involved in a scam. The website falsely claims that it is “legally registered with the New Zealand Securities; Investment company with NZ:1271353”.

6. 1 March 2022

   Investors unable to withdraw funds from EcoMarkets

   WARNING: Investors unable to withdraw funds from EcoMarkets. There are also fictitious amounts and profits being displayed on the platform. FMA warns caution.

7. 22 February 2022

   FMA warns primefirmtrade.com unreasonably withholding investor funds

   WARNING: FMA concerned that primefirmtrade.com is withholding client funds unreasonably. Clients are required to make a large sum payment for a “withdrawal code” to withdraw funds from their trading accounts.

8. 21 February 2022

   Investor alert: false claims by Leumi-vest.com

   WARNING: FMA believes Leumi Vest is falsely claiming to be operating from a New Zealand address. The website purports to offer investment plans to investors with unrealistically high returns. We are aware that an investor is unable to withdraw the funds they invested through the website.

9. 16 February 2022

   FMA warns about website venusfundslimited.com

   WARNING: Company registration details of a New Zealand company Venus Funds Limited are displayed on the website but the New Zealand company has confirmed that they are not associated with the website. The financial services listed on the website are different to the financial service provided by the New Zealand company.

10. 9 February 2022

    Overseas regulator issues warning about Crypto Infinite Miners

    WARNING: Crypto Infinite Miners is not a registered financial service provider in New Zealand or licensed by the FMA and is therefore not permitted to provide financial products or services to New Zealand residents.

11. 9 February 2022

    Imposter website alert: astral-trust.com

    WARNING: astral-trust.com claims to be a New Zealand-based hedge fund company and is holding out as being operated by Astral Trust Limited, a New Zealand incorporated company. Astral Trust Limited have confirmed that they do not have any association with this website.

12. 21 December 2021

    FMA warns against an imposter website allianceholdingslimited.com offering unrealistically high returns

    WARNING: The FMA recommends exercising caution before dealing with allianceholdingslimited.com. The website is offering financial services/products using the company details, without permission, of an incorporated company in New Zealand, Alliance Holdings Limited. The website is not associated with, nor authorised by the New Zealand company.

13. 20 December 2021

    QuantumAI

    The FMA are concerned that QuantumAI may be operating a scam. It uses fake news articles (images below) and online reviews promoting its trading platforms and claims to be endorsed by well-known public figures. It is offering financial services and financial products with unrealistically high returns via various websites.

14. 20 December 2021

    HyperFund

    WARNING: HyperFund operates on a Multi-Level Marketing (MLM) model and claims to offers passive investment opportunities. The FMA are concerned that HyperFund is operating a scam.

15. 20 December 2021

    FMA warning: false and misleading claims by CapitalInvestments.com

    The website offers trading on the forex market, stock market, and crypto currency market with the ability to gain unrealistically high returns (starter plan: 10% daily for 3 days, through to mega plan: 10% return daily for 30 days). The website is using the registration details of a legitimate New Zealand company called ‘Capital Investments Trust Limited (1547699)’. This company has confirmed having no association with the website nor were they aware that the website was using their registration details and business name. An investor complained about being unable to withdraw any of his invested funds.