Page last updated: 10 October 2022

Warnings and alerts

This list contains the names of businesses or individuals you should be wary of if you are planning to invest. The list is not exhaustive and there is no guarantee that the business or individual listed has not changed their name.

This list contains the names of businesses or individuals you should be wary of if you are planning to invest. The list is not exhaustive and there is no guarantee that the business or individual listed has not changed their name.

Before you invest, we recommend that you take steps to protect yourself from being scammed and check the provider is listed on the Financial Service Providers register (FSPR). The FSPR can help you:

  • obtain a business address
  • see the types of financial services the registered company, or individual, provides to customers. Some examples include; money transfers, investment management or financial advice 
  • see any licences or an authorisation status that the company or individual may have
  • see what dispute resolution scheme they belong to.

You may also wish to refer to the IOSCO investor alert list for international scam alerts.

Person who was scammed

Search Results

Found 629 results. Displaying page 6 of 42

  1. Suspected scam
    Unregistered business

    2 February 2022

    Investor warning: Adsplus Limited unreasonably withholding client funds

    WARNING: We are concerned that Adsplus is operating a scam. Adsplus Limited claims to be operating from a New Zealand, has sent letters in the name of New Zealand Inland Revenue Department, displaying fictitious persons on their website and unreasonably withholding client funds. Adsplus Limited is not a registered financial service provider in New Zealand.
  2. Imposter website
    Unregistered business
    Suspected scam

    21 December 2021

    FMA warns against an imposter website allianceholdingslimited.com offering unrealistically high returns

    WARNING: The FMA recommends exercising caution before dealing with allianceholdingslimited.com. The website is offering financial services/products using the company details, without permission, of an incorporated company in New Zealand, Alliance Holdings Limited. The website is not associated with, nor authorised by the New Zealand company.
  3. Imposter website
    Suspected scam

    20 December 2021

    FMA warning: false and misleading claims by CapitalInvestments.com

    The website offers trading on the forex market, stock market, and crypto currency market with the ability to gain unrealistically high returns (starter plan: 10% daily for 3 days, through to mega plan: 10% return daily for 30 days).
    The website is using the registration details of a legitimate New Zealand company called ‘Capital Investments Trust Limited (1547699)’. This company has confirmed having no association with the website nor were they aware that the website was using their registration details and business name.
    An investor complained about being unable to withdraw any of his invested funds.
  4. Imposter website
    Unregistered business
    Suspected scam

    20 December 2021

    Warning: aspireinvestments.ltd is not registered to provide financial services to New Zealand residents

    WARNING: aspireinvestments.ltd is not a registered financial service provider in New Zealand and is therefore not permitted to provide financial services to New Zealand residents. FMA have received reports that investors in this website are unable to withdraw their funds.
  5. Suspected scam

    20 December 2021

    QuantumAI

    The FMA are concerned that QuantumAI may be operating a scam. It uses fake news articles (images below) and online reviews promoting its trading platforms and claims to be endorsed by well-known public figures. It is offering financial services and financial products with unrealistically high returns via various websites.
  6. Imposter website
    Suspected scam

    16 December 2021

    Investment warning concerning Maesara Investments Limited

    WARNING: We are concerned that Maesara Investments Limited is involved in a scam, they are not an incorporated entity in New Zealand and is not registered on the Financial Service Providers Register. An NZ resident who has invested through Maesara Investments Limited is no longer able to contact the entity by telephone and email.
  7. Imposter website
    Suspected scam

    16 December 2021

    Cryptocurrency trading without consent - Warning about kiwi-ex.com website and kiwicoinex.com

    Warning: We recommend caution when dealing with the website, www.kiwi-ex.com, as the FMA is concerned this website may be operating a scam. The website is offering a platform for investors to trade in cryptocurrencies. We received a report of trades being conducted in an investor's account, without their knowledge or consent, by the website.
  8. Unregistered business
    Suspected scam

    14 December 2021

    Investor warning: wisefex.org Investment LTD

    Warning: We believe Wisefex is operating a scam through the website and their representatives or associates. The website purports to offer cryptocurrency investment plans with guaranteed and unrealistically high returns to investors. We are aware of an investor using their wallet services to invest and being unable to withdraw their cryptocurrency.