Investor Alerts - Vasttradeoption
| Company: | Vasttradeoption |
|---|---|
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 12 Jun 2024 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/vasttradeoption/ |
| 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 are concerned Vasttradeoption [sic] and its website may be operating a scam. We are aware of victims being contacted from hacked Facebook pages, with people pretending to be existing Facebook friends and offering investment opportunities. Victims are then referred to ‘investment advisers’ at Vasttradeoption. The FMA has also received a report that Vasttradeoption may be persuading victims into becoming ‘money mules’ by depositing money into their New Zealand bank accounts with the purpose of transferring it onto another account. We recommend caution if dealing with this entity. Entity Name: Vasttradeoption Website: vasttradeoption.com Email: [email protected] |
