Investor Alerts - Rapid Trade Return
| Company: | Rapid Trade Return |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 20 Aug 2023 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/rapid-trade-return/ |
| 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 Miscellaneous |
| Comments: |
We recommend exercising caution when dealing with Rapidtradereturn.com and the associated website Rapidtether.com. These websites are offering investments and are not registered to provide financial services in New Zealand. Both entities are purporting to be a registered company in New Zealand by using the NZBN and company number of registered New Zealand company, Axas Group Limited. The director of Axas Group Limited has confirmed no association with either website. |