New Zealand FMA Warns Against Securities and Acquisition Commission

[kreslik.news]

The Financial Markets Authority (FMA) of New Zealand has publicized an official warning on its website, alerting investors of conducting business with “Securities and Acquisition Conduct ‎Commission,” which tries to usurp the identity of the regulator itself to give the appearance of trustworthiness and legitimacy.‎

The financial watchdog today updated its warning list by blacklisting ‎www.sacc-govt.org, which claims to be a New Zealand financial regulator. The FMA said that the clone regulator ‎impersonates the organization in many areas and context, as well as ‎endorsing products and services from suspected scams, including a brokerage firm called Anahera and Partners.

In addition, the ‎fake regulator’s ... (read more)