Investor Alerts - Citi
| Company: | Citi |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 15 May 2023 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/citi-prospectus-scams/ |
| Subject: | Miscellaneous |
| Comments: |
FMA are concerned that a scam operation is targeting New Zealand residents and offering investment in term deposits in the name of Citi N.A. Scammers are targeting New Zealand residents and may be using emails that appear legitimate. Citibank, N.A. has confirmed that they are not connected with these offers. Some of the prospectuses and other documentation provided may contain the FMA logo or claim the investment complies with the “terms of FMA.” However, these claims are untrue. FMA recommend that investors exercise caution when receiving unsolicited investment offers. |