New Zealand’s FMA Warns Against FX Scam and Crypto Clone Firm

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New Zealand’s FMA Warns Against FX Scam and Crypto Clone Firm

Postby kreslik.news » Wed Oct 31, 2018 7:05 am


The Financial Markets Authority (FMA) of New Zealand has started off November by adding three more companies to its blacklist today. According to the warnings, Russ Horn (Forex Equinox), Zend Trade and Cryptogain all have the characteristics of a scam.

Russ Horn is too good to be true, FMA warns

Russ Horn, who presents himself as some kind of foreign exchange (forex) expert, operates through the website www.russhorn.com. On the website, Horn is offering to send you a “free” book which details the six-step formula to make thousands of dollars through forex trading.

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