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  2. Warnings and alerts

Warnings and alerts

This list contains the names of businesses or individuals you should be wary of if you are planning to invest. The list is not exhaustive and there is no guarantee that the business or individual listed has not changed their name.

Before you invest, we recommend that you take steps to protect yourself from being scammed and check the provider is listed on the Financial Service Providers register (FSPR). The FSPR can help you:

You may also wish to refer to the IOSCO investor alert list for international scam alerts.

How to report a scam

Contact the FMA if the scam relates to an illegal investment offer or scheme. Please ensure you include your contact details so that we can be in touch.

Consumer Protection’s Scamwatch publishes a list of scam alerts. You can report a scam on their website too.

Department of Internal Affairs lists a range of scams by format, eg, email, text message, phone, fax and postal scams. You can report scams to them, including forwarding text message scams to the free shortcode 7726 (SPAM).

IOSCO investor alerts list

IOSCO Investor alerts list

IOSCO receives alerts and warnings from its members about firms which are not authorized to provide investment services in the jurisdiction which issued the alert or warning.

How to request that a warning be removed

If you believe that a warning has been published in error, or there are other good reasons for us to take down a warning that has been published, please contact us, providing the following information:

  • your contact details
  • the warning you would like removed
  • your reasons why the FMA should take down the notice
  • evidence to support your reasons.

We will assess your request and, if appropriate, remove the notice as soon as possible. The more information you provide, the easier it will be for us to act quickly.

We may contact and consult with other people who have an interest in the outcome of a request to remove a warning.

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Found 598 results. Displaying page 1 of 30

    • Unregistered business
    • Suspected scam

    13 May 2022

    Investor alert: VHNX is not licensed to offer derivative trading services in New Zealand

    WARNING: FMA is concerned that the website vhnx.com may be operating a scam. We have received reports that representatives from VHNX are cold-calling New Zealand residents with investment offers when it is not authorised to do so. We have also received reports of people being unable to withdraw their funds.

    http://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/investor-alert-vhnx/

    • Imposter website
    • Unregistered business
    • Suspected scam

    28 April 2022

    FMA and Irish regulator issue warning about jms-icav.com

    FMA and regulatory bodies in Ireland have issued a warning about JMS-ICAV. JMS-ICAV is not a registered financial service provider in New Zealand or licensed by the FMA and is therefore not permitted to provide financial products or services to New Zealand residents. New Zealanders have been unsuccessful removing funds from the entity.

    http://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/fma-and-irish-regulator-issue-warning-about-jms-icav-com/

    • Imposter website
    • Unregistered business
    • Suspected scam

    13 April 2022

    FMA warns investors: allianceequities.ltd and alphabase.ltd are not associated with existing New Zealand companies

    WARNING: www.allianceequities.ltd and www.alphabase.ltd are misusing the details of incorporated New Zealand companies, Alliance Equities Limited and Alpha Base Limited respectively. These websites are not associated with, nor authorised by these companies.

    http://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/fma-warns-investors-allianceequities-ltd-and-alphabase-ltd/

    • Imposter website
    • Suspected scam

    8 April 2022

    Scam operation targeting New Zealand investors

    WARNING: FMA are concerned that a scam operation is targeting New Zealand residents and offering investment in a fixed return managed fund. It is claimed that the investment is offered by Blackrock Investment Management Australia Limited (part of Blackrock Inc.), which is not true. Blackrock Investment Management Australia Limited has confirmed that they are not connected with the offer and/or the entity.

    http://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/scam-operation-targeting-new-zealanders/

    • Imposter website
    • Suspected scam

    25 March 2022

    FMA cautions investors about financeassistlimited.com

    WARNING: financeassistlimited.com as the FMA is concerned this website may be operating a scam. The website is offering a platform for investors to trade in stock, foreign exchange and cryptocurrencies. We received a report of people being unable to recover funds paid to the website.

    http://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/fma-cautions-investors-about-financeassistlimited-com/