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  2. Warnings and alerts

Warnings and alerts

About this list

  • This list contains the names of businesses or individuals you should be wary of if you are planning to invest. 
  • Once on our lists, businesses or individuals regularly change their name. If a name doesn’t appear, it’s not a guarantee they are safe.
  • Before you invest, we recommend you check the provider is licensed and read our steps to protect yourself from scams.
  • For warnings issued before May 2011, please, refer to the archive.

IOSCO investor alerts list

IOSCO Investor alerts list

IOSCO receives alerts and warnings from its members about firms which are not authorized to provide investment services in the jurisdiction which issued the alert or warning.

How to report a scam

We publish a warnings list of known investment scams. But be aware that scammers regularly change their names. Just because a name is not on our warning list it doesn’t mean they’re not a scam. Look out for these warning signs of scams.

You can call or email us to report a scam:


Phone: 0800 434 566  

Overseas callers: 00 64 3 962 2698

Our lines are open:

  • Monday to Thursday - 8:30 am to 5:00 pm 
  • Friday - 9:00 am to 5:00 pm


If you have a question or a complaint, please email us at questions@fma.govt.nz

Please ensure you include your contact details so that we can be in touch.

How to request that a warning be removed

If you believe that a warning has been published in error, or there are other good reasons for us to take down a warning that has been published, please contact us, providing the following information:

  • your contact details
  • the warning you would like removed
  • your reasons why the FMA should take down the notice
  • evidence to support your reasons.

We will assess your request and, if appropriate, remove the notice as soon as possible. The more information you provide, the easier it will be for us to act quickly.

We may contact and consult with other people who have an interest in the outcome of a request to remove a warning.

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Found 411 results. Displaying page 4 of 21

    • Suspected scam

    1 October 2019

    Persons providing false FMA documentation in suspected scam

    The FMA is aware that false letters and receipts featuring the FMA logo and staff names have been used overseas to solicit money. The false letters claim that a mandatory fee is payable to enable the FMA to obtain official documents and facilitate the approval of loan funds. The correspondence is fictitious and characteristic of advance fee fraud. The FMA does not undertake activities of the type described in the letter and would never ask individuals or entities for money for activities or transactions of this type.


    • Suspected scam

    10 September 2019


    The FMA recommends exercising caution before dealing with TradeLTD and the website www.tracleltd .co m as TradeLTD is not listed on the FSPR and Is not an incorporated company in New Zealand. Individuals from TradeLTD have been contacting New Zealand residents with investment offers and withholding client funds. This has the hallmarks of a scam.


    • International regulator alerts
    • Suspected scam

    4 September 2019


    We are concerned that Coinbrokerz has the hallmarks of a scam, including withholding clients' funds, requesting clients to transfer additional funds before being able to withdraw investments and requesting funds to be sent tomultiple bank accounts that do not match Coinbrokerz's name.