Capitalvest Pro scam warning from New Zealand
Capitalvest Pro has received a scam warning from New Zealand.
As per the Financial Markets Authority’s November 20th warning, Capitalvest Pro
advertises it is located in New Zealand and is registered in New Zealand; however, it does not appear to be registered by the New Zealand Companies Office and the stated address does not exist.
It is also offering financial services without being registered on the Financial Service Providers Register.
CapitalvestPRO does not appear to be subject to regulation by any overseas regulator.
Capitalvest Pro was a Ponzi scheme pitching up to 25% a month.
By failing to register with the FMA, Capitalvest Pro is additionally committing securities fraud.
Since launching a few months ago, Capitalvest Pro has already collapsed.
BehindMLM reviewed Capitalvest Pro last month. As at the time of this update, Capitalvest Pro’s website is no longer accessible.