26 July 2022

Warning: Citiclient-assets.com operating a term-deposit scam

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. Citibank, N.A. has confirmed that they are not connected with the offer and/or the entity.

It is stated in their prospectus that the investment is insured up to $250,000 per investment by the Australia Government Guarantee Scheme. This scheme is only available in Australia and does not exist in New Zealand.

It is also stated in their prospectus that the investment complies with the “terms of FMA”, which is not true.

Website: Citiclient-assets.com
Email: [email protected]
Phone: +64 9 2420 994