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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 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.
WARNING: We are concerned that OMF that operates the website/platform https://www.omfzp.club is involved in a scam.
We are concerned that nesbittrusteeslimited.com (‘the website’) is involved in a scam. The website falsely claims to be registered in New Zealand and is using details of a NZ entity, Nesbit Trustees No 1 Limited (‘Nesbit’), without permission. Nesbit has confirmed that they are not associated with the website.
WARNING: E-Capital is not an incorporated company in New Zealand or registered financial service provider (FSP). It is not authorised by, nor associated with Trademax Global Markets (NZ) Limited (Trademax). It uses Trademax’s FSP registration number, trademark, and website design without permission.
WARNING: Gold Century Ventures is not a registered financial service provider in New Zealand, they are not permitted to provide financial services to New Zealand residents. We recommend exercising caution when dealing with this entity.
WARNING: We are concerned that Onyx Group Limited (‘Onyx’) is involved in a scam. We have received a complaint about this company cold-calling New Zealand residents offering pre-IPO shares* and unreasonably withholding client funds.
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.
