The FMA is aware of online webinars being offered to New Zealanders promoting StrykerFusion and its associated entities. StrykerFusion and its associated entities are not registered on the Financial Service Register to provide financial services or products in New Zealand.
StrykerFusion is not a member of any approved dispute resolution scheme. If investors have complaints about StrykerFusion, they will not be able to seek a resolution through an approved dispute resolution scheme.
This group of entities associated with StrykerFusion claims to be launching “a revolutionary technology and currency platform”. In particular, StrykerFusion claims to be launching an ethical online social media platform which will include banking services and their own verified e-currency. It claims, “early investors will earn multiples of their investment back in the space of a few years”. The FMA believes StrykerFusion’s claims about investment returns are unsubstantiated and unrealistic.
Mr David Stryker, who is currently running zoom sessions about StrykerFusion and its associated entities, is also known as Mr David Sevelle. Mr Sevelle is currently subject to a lifetime ban from providing financial services issued by the Australian Securities and Investment Commission (ASIC). See the ASIC media release here:
07-177 Court appoints liquidator over central coast property development scheme | ASIC
We recommend caution when dealing with StykerFusion or anyone promoting its products or services. If you have concerns about StrykerFusion or those promoting its products or services, contact us at [email protected]
