21 July 2023

BT Funds Management – Fake term deposits

We are concerned that a scam offering investments in fixed term deposits under the name of BT Funds Management is targeting New Zealanders.

Scammers may be sending emails and prospectuses referencing BT’s logo, address and a website address that is the same or similar to BT’s.

BT is part of the Westpac Banking Corporation and it confirms it is not connected with these offers.

We recommend that investors exercise extreme caution when receiving any unsolicited investment offers.

Entity Name: btgroup-td.com
Website: www.btgroup-td.com