Parnell Rosenberg Irwin Asset Management (PRIAMA)– Suspected scam

We are concerned that Parnell Rosenberg Irwin Asset Management (PRIAMA) may be operating a scam through its website.

PRIAMA claims to be a brokerage firm based in China and Japan. We are aware of a victim who started investing in shares with PRIAMA after being cold called by a PRIAMA representative. This victim is now unable to withdraw their funds and has been instructed by PRIAMA to pay high advance fees and taxes to release the funds. Even after paying these fees, no money is returned.

PRIAMA is not registered on the Financial Service Providers Register to provide financial services in New Zealand. Offering financial products by way of cold calling or unsolicited contact is prohibited in New Zealand. PRIAMA is therefore operating in breach of New Zealand financial markets legislation.

We recommend caution when dealing with PRIAMA.

Cold calls of any kind should be treated with suspicion.

If you get an unsolicited call from a PRIAMA representative, we recommend ending the call immediately.

ENTITY NAME: Parnell Rosenberg Irwin Asset Management (PRIAMA)
WEBSITE: priama.com
EMAIL: [email protected]; [email protected]; [email protected]