Investor Alerts - Investing New Zealand
| Company: | Investing New Zealand |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 26 Jan 2024 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/investing-new-zealand/ |
| Subject: | Miscellaneous |
| Comments: |
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. This website prompts consumers to enter personal contact information and details of proposed investments. A message is then sent advising that the customer “will receive a call from a broker with a comprehensive review of the best investment options tailored for you.” FMA believe this website is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious investments. Entity name: Investing New Zealand Website: https://investing-nz.com/ Address: (alleged) 287, Awly Building level 1/293 Durham Street North, Christchurch 8013, New Zealand Email: [email protected] |