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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.
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We are aware of an investor who invested with Medium Global Strategy and is now unable to withdraw their funds. Medium Global Strategy has denied them access to withdrawals unless upfront fees are paid.
The FMA recommends caution when dealing with Seaton Trustees. We are aware of an investor being unable to recover money invested through its website seatontrustees.org.
Imposter website alert: tidalfs.com or TidalNZ.site is falsely using the details of the genuine New Zealand company Tidal Financial Services.
HillierFinance.com shows indicators of information harvesting by sending phishing emails which leads users to input personal information.
We are concerned that Fraud Investigation & Repatriation Authority (FIRA) is pretending to be a government agency in the United States and operating a recovery scam jointly with Ladew Law.
The FMA considers Forex a derivative. Entities offering derivative services in New Zealand are required to hold a derivatives issuer licence. Riseup Trade does not hold this type of licence, nor is it registered on the Financial Service Providers Register.
FMA believes Early Offerings is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious investments.
FMA believe IPO Alerts is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious investments.
Investor warning: GS Partners could be operating a scam and is subject to warnings issued by the international regulators. We recommend caution.
Investor warning: Titan Trustees, Monet Heritage, Fox Asset Finance, FCS Assets, Metro Capital websites are duplicate and offer similar short-term investment plans. None of the websites appear to be registered as Financial Service Providers, as is required to offer financial products in New Zealand.
Investor warning: We received a complaint that representatives of FCP had befriended a NZ resident on social media and encouraged him to invest money. When he attempted to withdraw his money, FCP withheld the funds and told him to pay an advance fee.
Investor warning: AxonHoldingsLtd.com is falsely using the details of the registered New Zealand company Axon Holdings Limited using its name, address, and New Zealand Companies Office details.
FMA warns New Zealand residents of scam by individuals claiming to represent the UK’s Financial Conduct Authority (FCA) and offering assistance to recover money lost in a previous scam.
FMA has received a complaint that FX Fortune Bitmart is withholding client funds and requesting advance fees to have them released. They are offering financial services are not a registered Financial Service Provider.
FMA have received a report that Altera Global representatives have been targeting individuals on social media, trying to convince them to invest funds. This is a common online scam tactic.
