04 November 2022

Rabobank Sustainability Bond - phony bond offered by fake employee

fake cook islands sustainabiity bond prospectusFMA is concerned that the investment offering, “The Cook Islands Sustainability Bond”, may be a scam targeting New Zealanders. 

Individuals who submitted interest through the website comparefixedtermdeposits.com were approached by a Mr Jacob Taylor, who claims to be a Senior Investment Manager at Rabobank. Individuals were presented a prospectus for the offering, which features Rabobank's logo and their CEO's name, and were requested to transfer funds to a third- party account. Rabobank has confirmed that they are not connected with this offer or the individual purporting to work for them.

The FMA recommends undertaking due diligence and exercising caution before making any investment.