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New Zealand FMA Alerts Traders to be Wary of Leadway Investment Group

Source: Fanny

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​The New Zealand's Financial Markets Authority (FMA) recently published a warning on its website against Leadway Investment Group.

According to the regulator, this entity is using or giving the following details:

  • Entity name and associate names: Leadway Investment Group; Lead way Investment Group; Bitcoin Era

  • Website: www.leadwaygroups.com

  • Email: : info@leadwaygroups.com; info@leadwaygroupss.com

  • ​Telephone: +44 745 983 4232; +1 801 997 1153

As detailed in the notice, the regulatory body said that this website is potentially operating a scam. The website offers trading platforms for various financial products and promises unrealistically high and guaranteed investment returns ranging from 500% to 1,000% in 21 days.

The regulator highlights that Leadway Investment Group and the website are not a registered financial service provider or subject to regulation in New Zealand. They are most likely to be associated. FMA recommends exercising caution when dealing with this entity and the website.

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