The Financial Markets Authority (FMA) has recently added a new name to its list of unregulated firms. The latest addition is the company Trinity Investments Limited.
According to the FMA, the company could be involved in a scam.
The regulator has received a complaint from a New Zealand resident who has invested with Trinity Investments Limited after receiving a cold call. Trinity Investments Limited is with-holding the funds invested without reason.
Trinity Investments Limited is not registered as a financial service provider in New Zealand, therefore, is not permitted to provide financial services to New Zealand residents.
The official warning can be seen here.
More recent FMA news can be seen below: