Warnings and alerts

We recommend caution when dealing with Bayleys Investment Limited and their website BayleysInvestmentLtd.com. We suspect this website is operating an investment scam.

We are aware of an investor who has sent money to CFXFinance.com and is now unable to withdraw funds. We are concerned that CFXFinance.com and its associated websites (listed below) are operating a scam and recommend caution when dealing with them.

The trading platform pioneerfinanceltd.com claims to be established in New Zealand, we do not believe this is true.

Xcel Trader is offering managed investment plans with unrealistic returns. It is not registered on the Financial Service Providers Register, which is required for entities offering financial products and services in New Zealand

wisefex.org Investment LTD has rebranded as Reliant Assets. We are aware their clients have been asked to use their new website domain: reliant-assets.net. We believe Wisefex is operating a scam through the website and their representatives or associates.

Trustpodia is displaying a Certificate of Incorporation document on its website using the details of the registered New Zealand company Trust Company (C&S Trust) Limited, which has confirmed no association with Trustpodia.

The FMA has received several reports regarding fake celebrity or fake influencer endorsement advertisements on social media, promoting online investment schemes.