Investor Alerts - Smart Money
| Company: | Smart Money |
|---|---|
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 10 Oct 2023 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/smart-money/ |
| 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: | We have been made aware that several New Zealand residents who have subscribed to Smart Money and requested the “emergency cash” service but Smart Money has not sent the “emergency cash” to the requesters/subscribers. We are also aware that subscribers are unable to cancel their subscriptions and money continues to be debited from their bank cards. We have reasonable grounds to suspect that the testimonials on Smart Money’s website are not genuine. We would like to advise that Smart Money is not associated with the New Zealand business named Smart Money Advice that operates the website smartmoneyadvice.co.nz. We recommend caution when dealing with Smart Money. We also recommend that people who are unable to cancel their subscriptions to Smart Money to contact their banks immediately and cancel the bank cards used for the subscriptions. Entity name:Smart Money Addresses:531A Upper Cross Street, #04-98 Hong Lim Complex, Singapore 051531 Contact numbers:+65 3165 8160 Websites:https://www.smartmoneynz.com/SMHome.aspx Email addresses: [email protected] |
