FMA warns of individuals purporting to be from Essence Securities Co., Ltd.

​New Zealand's Financial Markets Authority (FMA) today issued a warning against individuals including Jack Reid, Nick Wiseman, William Andrews, Dr. Michael Bennett, and Nathan Yao purporting to be from Essence Securities Co., Ltd., Shenzhen.

Firstly, the FMA said: "the individuals are cold calling New Zealand residents and may be operating a scam. Offering financial products via cold calling is illegal in New Zealand, most cold callers are likely to be scams."

Secondly, as FMA stated in its warnings and alerts "the individuals' names are potentially fake names or names used without permission and that individuals operating scams will often change their names. Passports were provided to prove identity but were duplicated and therefore one or both are fraudulent."

Lastly, according to the FMA, the individuals are not registered financial service providers in New Zealand or licensed by the FMA.

The individuals' contacts are as below:

EMAILS: jack.reid@essencesecurities.com , nick.wiseman@essencesecurities.com, Nathan.yao@essencesecurities.com, clientservices@essencesecurities.com, accounts@essencesecurities.com

PHONE: +85258080140, +85281911248, +85281256584

The FMA warns the public that before engaging with any individual purporting to be from Essence Securities Co., Ltd., please contact Essence Securities Co., Ltd. directly from their contact details provided on website essence.com.cn.