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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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The FMA is advising the public to exercise caution when conducting financial services with Jensen and Partners, Financial Organisation for Foreign Equities, Palle Securities Group and Financial Services Inspectorate.
WARNING: The FMA is concerned that Capital Heritage, who operate the website https://capitalheritagelimited.com/, is falsely claiming to be a New Zealand company and is involved in a scam
A warning has also been published about Prime Bright Investment Limited by the Financial Sector Conduct Authority in South Africa (FSCA), the financial regulator of South Africa. FMA are concerned that the entity may be involved in a scam.
WARNING: FMA is concerned that the website vhnx.com may be operating a scam. We have received reports that representatives from VHNX are cold-calling New Zealand residents with investment offers when it is not authorised to do so. We have also received reports of people being unable to withdraw their funds.
FMA are concerned that https://bbcapitalmarket.com/ is operating a scam and falsely using the name of a New Zealand registered and licensed entity - Black Bull Group Limited (NZBN: 9429041417799) T/A Blackbull Markets. Black Bull Group Limited has advised the FMA that they are not associated with https://bbcapitalmarket.com/.
WARNING: We have received a complaint from a New Zealand resident who was contacted by Global Venture, through WhatsApp, to trade in cryptocurrencies through their trading platform. We are concerned that Global Venture may be involved in a scam. Global Venture is unreasonably withholding the complainant’s funds and is requesting further funds to enable a withdrawal.
WARNING: FMA is concerned that Global Venture may be involved in a scam. We have received a complaint from a New Zealand resident who was contacted by Global Venture, through WhatsApp, to trade in cryptocurrencies through their trading platform. Global Venture is unreasonably withholding the complainant’s funds and is requesting further funds to enable a withdrawal.
WARNING: The FMA is concerned that Apex Capital Holdings may be operating a scam. Their website contains information that is misleading and may give investors a false impression of their activities. Apex Capital Holdings is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.
FMA received a report of New Zealand residents receiving unsolicited contact from Quantree Investment representatives with an offer to purchase shares in Mobileye via an Initial Public Offering (IPO). We are concerned that Quantree Investment may be involved in a scam.
WARNING: We are concerned that this scam operation is targeting New Zealand residents and offering investment in a term deposit. It is claimed that the investment is offered by Citibank, N.A. which is not true.
WARNING: The website is falsely purporting to be associated with the registered New Zealand entity. We recommend caution when dealing with the website, www.wardfs.com, as the FMA is concerned this website may be operating a scam.
WARNING: The FMA is concerned that Enbridge International Consulting Limited (Enbridge) may be operating a scam via enbridgeconsulting.com (the website). We have received a report from a New Zealand resident about being cold called by Enbridge offering pre-IPO (Initial Public Offering) shares and unable to recover money paid to them.
FMA is concerned that avistechlimited.com is involved in a scam as it claims to offer online trading and cryptocurrency investment services, with unrealistically high returns.
The FMA have issued a warning relating to Crypto Bot using a fake news article to promote their platform.
Maxi Finance claims to be a New Zealand company but there are inconsistencies in the registered office addresses identified on its website. We received a report from a member of the public who was unable to withdraw funds invested with Maxi Finance.
