New Zealand FMA warns against Capital Management

scam company

The Financial Markets Authority (FMA) has just issued a warning against a scam company Capital Management.

Capital Management

Address: 9 Tampines Grande, Singapore 528735
Website: www.capitalmgt.com
Phone: +6531080737
Email: [email protected]

Reason for warning:

The FMA has received a report from about Capital Management cold calling New Zealand residents and offering investment opportunities.

The regulator has recommended exercising caution before dealing with Capital Management as:

  • It has the characteristics of a scam.
  • It is not a registered financial service provider in New Zealand.
  • On the 22 May 2018 the Monetary Authority of Singapore included Capital Management in their Investor Alert List.

The official warning can be seen here.

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