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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.

A scam offering fake term deposits using the name of Bank of China (New Zealand) is targeting New Zealanders. Scammers are sending out highly professional-looking product disclosure statements featuring Bank of China’s name, logo, address and registration details.

WARNING: A scam offering fake term deposits and bonds using the name of Heartland Bank is targeting New Zealanders.

We are concerned that Kiwi Term Deposits may be operating a scam. It operates a website claiming to offer consumers a way to compare and find the best term deposit and bond rates in New Zealand. It states that investments are “fully insured and asset backed by provider”. However, no such scheme is currently offered in New Zealand.

We are concerned that Rates Finder may be operating a scam. Titan Solutions Limited operates a website claiming to find the best term deposit savings rates in New Zealand.

FMA warns about a fake term-deposit investment opportunity offered in the name of SBS Bank.