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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:

  • obtain a business address
  • see the types of financial services the registered company, or individual, provides to customers. Some examples include; money transfers, investment management or financial advice 
  • see any licences or an authorisation status that the company or individual may have
  • see what dispute resolution scheme they belong to.

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

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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 570 results. Displaying page 1 of 29

    • Imposter website
    • Unregistered business
    • Suspected scam

    21 December 2021

    FMA warns against an imposter website allianceholdingslimited.com offering unrealistically high returns

    WARNING: The FMA recommends exercising caution before dealing with allianceholdingslimited.com. The website is offering financial services/products using the company details, without permission, of an incorporated company in New Zealand, Alliance Holdings Limited. The website is not associated with, nor authorised by the New Zealand company.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/allianceholdingslimited-com/

    • Suspected scam

    20 December 2021

    QuantumAI

    WARNING: The FMA are concerned that QuantumAI may be operating a scam. It uses fake news articles (images below) and online reviews promoting its trading platforms and claims to be endorsed by well-known public figures. It is offering financial services and financial products with unrealistically high returns via various websites.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/quantumai/

    • Imposter website
    • Suspected scam

    20 December 2021

    FMA warning: false and misleading claims by CapitalInvestments.com

    The website offers trading on the forex market, stock market, and crypto currency market with the ability to gain unrealistically high returns. The website is using the registration details of a legitimate New Zealand company which has confirmed having no association with the website nor were they aware that the website was using their registration details and business name.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/capitalinvestments-com/

    • Imposter website
    • Unregistered business
    • Suspected scam

    20 December 2021

    Warning: aspireinvestments.ltd is not registered to provide financial services to New Zealand residents

    WARNING: aspireinvestments.ltd is not a registered financial service provider in New Zealand and is therefore not permitted to provide financial services to New Zealand residents. FMA have received reports that investors in this website are unable to withdraw their funds.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/aspireinvestments-ltd/

    • Imposter website
    • Suspected scam

    16 December 2021

    Cryptocurrency trading without consent - Warning about kiwi-ex.com website

    Warning: We recommend caution when dealing with the website, www.kiwi-ex.com, as the FMA is concerned this website may be operating a scam. The website is offering a platform for investors to trade in cryptocurrencies. We received a report of trades being conducted in an investor's account, without their knowledge or consent, by the website.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/kiwi-ex-com/

    • Imposter website
    • Suspected scam

    16 December 2021

    Investment warning concerning Maesara Investments Limited

    WARNING: We are concerned that Maesara Investments Limited is involved in a scam, they are not an incorporated entity in New Zealand and is not registered on the Financial Service Providers Register. A NZ resident who has invested through Maesara Investments Limited is no longer able to contact the entity by telephone and email.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/maesara-investments-limited/

    • Unregistered business
    • Suspected scam

    14 December 2021

    Investor warning: wisefex.org Investment LTD

    Warning: We believe Wisefex is operating a scam through the website and their representatives or associates. The website purports to offer cryptocurrency investment plans with guaranteed and unrealistically high returns to investors. We are aware of an investor using their wallet services to invest and being unable to withdraw their cryptocurrency.

    https://fma.cwp.govt.nz/news-and-resources/warnings-and-alerts/wisefex-org-investment-ltd/