09 July 2025

Barox International and others – Unsolicited phone calls promoting fake investment platforms

The FMA has been made aware of a scam where unsolicited phone calls are being used to promote fraudulent investment platforms. 

The FMA reminds the public to be cautious when dealing with unsolicited messages or calls about financial products or services. Always check the Financial Service Providers Register to see if an entity is registered to provide financial products and services to New Zealanders.

Financial Service Providers Register

How the scam works:

  1. The victim receives a phone call, asking them to participate in a survey, with questions about confidence in the New Zealand economy. Scammers use these calls to gather personal information.

  2. A few days or weeks later, the scammer calls the victim from a different phone number, promoting an exciting investment opportunity. The scammers may give convincing and professional investment information to persuade the victim to invest. 

  3. The scammers will eventually direct the victim to an online trading platform where they can invest money. Such trading platforms are fake. 

  4. These scammers are familiar with New Zealand’s banking systems, and may coach their targets through making their first ‘investment’.

  5. When the victim tries to withdraw funds, no money is returned. The platform may ask for fees or payments to release the money. But even if these payments are made, no money is paid out. 

This scam is being operated through several duplicate websites. We recommend extreme caution when dealing with any of the websites or entities listed below. Be suspicious of any phone ‘surveys’ asking about the economy or investments – they could be coming from scammers.

Platform

Website(s)

Email(s)

Date added to warning

Alpen Partners International

Alpenpartners.com

Americanswelcome.swiss

[email protected]

[email protected]

9 July 2025

Atadel Fund

atadelfund.com

[email protected]

9 July 2025

Barox International

Baroxinternational.com

[email protected]

9 July 2025

Cliff Associates

Cliffassociates.com

[email protected]

9 July 2025

Investment Corb

investcorb.com

[email protected]

9 July 2025

Luminary FX

luminaryfx.pro

[email protected]

9 July 2025

Primo Asset Management

Primoam.com

[email protected]

9 July 2025

Royal Ameris

royalameris.com

[email protected]

9 July 2025

Silver Arrow Wealth Management

silver-arrow-wealth-management.ch

 

[email protected]

9 July 2025