We are concerned that Investing New Zealand may be operating a scam.
It operates a website claiming to compare term deposit rates which states it offers “deposit protection up to $100,000 NZD per investment”, however no such scheme is currently offered in New Zealand.
This website prompts consumers to enter personal contact information and details of proposed investments.
A message is then sent advising that the customer “will receive a call from a broker with a comprehensive review of the best investment options tailored for you.”
FMA believe this website is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious investments.
We recommend exercising extreme caution when dealing with this entity and do not provide it with any personal information.
This warning is one of a number of alerts published about investment comparison websites and Product Disclosure Statement scams. For more information on how to identify a Product Disclosure Statement scam see:
Entity name: Investing New Zealand
Address: (alleged) 287, Awly Building level 1/293 Durham Street North, Christchurch 8013, New Zealand
Email: [email protected]