Unitex Capital Limited, Marketing Giant and others appear on FMA warning list

New Zealand Financial Markets Authority added Unitex Capital Limited, Marketing Giant, Intrgroups/ Intrgroup and a FMA impersonattion to its warning list.

The New Zealand regulator has advised people to operate with caution when dealing with the foreign exchange dealer due to concerns they may be involved or operating a scam.

The regulator reported the following details of the two companies:

Unitex Capital Limited

Address: 1 Willis Street, Wellington Central, Wellington, 6011, NZ Website: https://www.facebook.com/ltd.unitexcapital/ and https://unitex-capital.com Phone: 04 8881363 Email: support@gold8financialexchange.com

Marketing Giant

Website: https://quatro.marketingiant.com/amz_calc_nz_en_m/? and https://marketingiant.com/ Phone: + 1 767 225 7038 Email: info@marketingiant.com, sales@marketingiant.com

Intrgroups/ Intrgroup

Address: 201 BishopsGate London, EC2M 3AB, United Kingdom Website: www.intrgroups.com Phone: UK +44-2080894076/ +44 7846 533665 BE: +32-460213593 NZ: +64-79856849 NE: +31-208084491 AU: +61-743317533 Email: support@intrgro.com

The New Zealand watchdog advises caution when dealing with the entity Unitex Capital Limited because of concerns it may be involved in a scam.

The FMA found that Marketing Giant is not a registered financial service provider in New Zealand.

The FMA advises caution when dealing with Intrgroups/Intragroup. The FCA in the UK and the Financial Services and Markets Authority in Belgium have also issued warnings about Intrgroups.

The regulator provided details of the bank account used by the entity:

Account Number: PL37 1160 2202 0000 0004 5378 4277 Bank Name: Bank Millennium S.A. (Poland)

The Authority is also warning about FMA impersonation in an operation of a scam relating to money remittance services.

The victim had tried to transfer a significant amount of money from China to New Zealand but were told by the person, they engaged to arrange the transfer, that their money had been “frozen” by the FMA due to money laundering concerns. They were then contacted by two people claiming to be from the FMA and instructed the victim to make additional payments to release the original funds.

The FMA advises that it does not undertake the activities described above and would never ask inidividuals or entities for money in relation to such activities or transactions. Specifically, the FMA would not freeze money being transferred into New Zealand, and would not request any person to make additional payments to release the original funds.