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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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WARNING: We believe Big Uncle is operating a scam through www.biguncle.work (the website) and other various websites. We have received a report that a New Zealand resident is unable to recover crypto currencies invested through Big Uncle’s MetaTrader App and the website.
FMA and regulatory bodies in Ireland have issued a warning about JMS-ICAV. JMS-ICAV 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. New Zealanders have been unsuccessful removing funds from the entity.
WARNING: Capital Maximus is offering financial services to New Zealand residents but is not registered as a Financial Service Provider as required by New Zealand financial markets legislation. FMA has received complaints.
WARNING: We have received complaint about this website unreasonably withholding client funds and asking for withdrawal fees*. The website claims to be a cryptocurrency and foreign exchange company.
WARNING: www.allianceequities.ltd and www.alphabase.ltd are misusing the details of incorporated New Zealand companies, Alliance Equities Limited and Alpha Base Limited respectively. These websites are not associated with, nor authorised by these companies.
WARNING: Prime Capital Limited, offers trading in derivative products via their website, iprimecapital.com are not registered to provide financial services in New Zealand. The FMA warns caution when dealing with this company.
Finanex Limited is falsely claiming to be authorised in New Zealand to provide financial services. Finanex Limited is not a registered financial service provider in New Zealand.
WARNING: FMA are concerned that a scam operation is targeting New Zealand residents and offering investment in a fixed return managed fund. It is claimed that the investment is offered by Blackrock Investment Management Australia Limited (part of Blackrock Inc.), which is not true. Blackrock Investment Management Australia Limited has confirmed that they are not connected with the offer and/or the entity.
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.
WARNING: FMA recommends caution when dealing with.financeassistlimited.com as the FMA is concerned this website may be operating a scam.
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”.
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.
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”.
WARNING: Investors unable to withdraw funds from EcoMarkets. There are also fictitious amounts and profits being displayed on the platform. FMA warns caution.
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.
