Investor Alerts -

Regulator: Financial Markets Authority
Jurisdiction: New Zealand
Date: 20230725 25 Jul 2023
Subject: Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Comments: We are concerned that a scam offering investments in fixed term deposits under the name of BT Funds Management is targeting New Zealanders.

Scammers may be sending emails and prospectuses referencing BT’s logo, address and a website address that is the same or similar to BT’s.

BT is part of the Westpac Banking Corporation and it confirms it is not connected with these offers.

We recommend that investors exercise extreme caution when receiving any unsolicited investment offers.