New Zealand's FMA Warns Against tradinginsiders.eu

The New Zealand's Financial Markets Authority (FMA) today published a warning on its website against tradinginsiders.eu.

The firm is using or giving the following details:

• Website: https://tradinginsiders.eu/

• Facebook: https://www.facebook.com/ForexInsidersTrading/ 

• Email: support@zesprilimited.com

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As detailed in the notice, the regulatory body said that the suspicious website/entity may be operating a scam. The website falsely claims to be offering unrealistically high and guaranteed returns.

In addition, the website/entity is not a registered financial service provider and is unable to offer financial services/products to New Zealand residents. The New Zealand watchdog recommend exercising caution when dealing with this entity.

​As Fazzaco reported earlier, FMA has issued a warning against Sharesies Limited and Sharesies Nominee Limited​ for not having the appropriate anti-money laundering protections in place.