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Warning: crypto trader, Global Ventures withholding funds

Page last updated: 02 August 2022

FMA is concerned that Global Venture may be involved in a scam. We have received a complaint from a New Zealand resident who was contacted by Global Venture, through WhatsApp, to trade in cryptocurrencies through their trading platform. Global Venture is unreasonably withholding the complainant’s funds and is requesting further funds to enable a withdrawal.

Global Venture does not appear to be subject to regulation by any overseas regulator.

A warning has also been published about Global Venture by the UK Financial Conduct Authority (FCA).  

We recommend exercising caution when dealing with this entity.

Entity name: Global Venture
Website: www.globvenop.vip