Investor Alerts - Kiwibank – Fake term deposits
| Company: | Kiwibank – Fake term deposits |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 08 May 2024 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/kiwibank/ |
| 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: |
scam offering fake term deposits using the name of Kiwibank is targeting New Zealanders. People are being contacted after putting details into the “ratesfinders deposit comparison” website. This website is a copy of one the FMA has previously warned about. The FMA continues to warn the public not to put any personal details into these comparison websites. Scammers are sending out highly professional-looking product disclosure statements, featuring the Kiwibank logo, registration details and also using the FMA’s logo. Kiwibank has confirmed it has not issued this product disclosure statement. It also points out that genuine emails from Kiwibank will come from the email domain: @kiwibank.co.nz We recommend that investors contact the relevant financial product provider through verified channels for confirmation before investing any money. Do not use contact information – phone numbers, email addresses or websites supplied by the person offering the investment. Entity: Kiwibank – Fake term deposits Email: [email protected], [email protected] Phone: 09 872 1480 |