New Zealand FMA (Financial Markets Authority) Issues Warning against aspireinvestments.ltd
For the Financial Markets Authority, it is extremely important to keep the investors out of any risks or troubles. This is the reason why the regulatory authority has shared the warning with the entire investors’ community.
The Financial Markets Authority (FMA) of New Zealand has just issued a public warning in regards to an online trading service provider. The Financial Markets Authority has recently issued a warning about a website operator going with the name aspireinvestments.ltd. According to the Financial Markets Authority, the particular website operator may be run by scammers.
In the warning, the Financial Markets Authority has shared its concerns about the aspireinvestments.ltd platform. According to the NZ regulatory authority, the particular platform is expected to be running a scam. Therefore, the regulatory authority has taken the liberty of sharing its concerns with the investors’ community.
For the Financial Markets Authority, it is extremely important to keep the investors out of any risks or troubles. This is the reason why the regulatory authority has shared the warning with the entire investors’ community-based in New Zealand.
aspireinvestments.ltd’s Claims that Caught FMA’s Attention
In warning, the Financial Markets Authority has also shared the reasons why it has come to the conclusion that aspireinvestments.ltd might be a scam. The regulatory authority has revealed that on the website, aspireinvestments.ltd claims to be a New Zealand-based company.
According to the regulatory authority, the website operator has claimed that they represent Aspire Investments Limited. The regulatory authority has revealed that the particular website operator has no link with their company whatsoever.
Aspire Investments Limited is not related to the Website
The particular company “Aspire Investments Limited” has gone on record to confirm that it has nothing to do with the particular website. The officials at Aspire Investments Limited have announced that they had never considered launching an online trading service for the users.
The company has confirmed that no one from the website approached them or enquired if they were willing to give the authorization to operate or not.
Therefore, as of now, the particular website is falsely using the name and reputation of Aspire Investments Limited in order to run its operations. At the moment, the particular website is operating without any operating license or approval. This means that the website is currently involved in operating illegally.
For the platform to operate in New Zealand, it is extremely important for the particular firm to have the proper licensing in place. If the platform doesn’t have the authorization or it is not regulated, then it may get into more fraudulent activities.
Complaints Raised by Investors against the Website
The Financial Markets Authority has notified the entire investment community that so far they have received several complaints from investors about the website. The majority of these complaints are pertaining to the investors not being able to perform withdrawals for their funds.
aspireinvestments.ltd is Not Registered in New Zealand
The FMA has also clarified that aspireinvestments.ltd is not a registered entity in New Zealand. This means that it is providing its services in New Zealand without being registered and without any authorization. As the website is not authorized, therefore, it does not have the permission to provide New Zealand investors with financial services.
In the light of the above, the FMA has warned the entire investment community to be extremely cautious of aspireinvestments.ltd.
What aspireinvestments.ltd is offering?
The particular platform is reportedly claiming that it provides trading services for several trading assets. These assets include cryptocurrencies, real estate, forex/CFD, and many more assets.
In order to bring more users to the platform, the website operator has introduced a referral program followed by rewards/bonuses for referrals.
The company certificate on the website is misleading as it claims it is incorporated with Aspire Investments Limited. It claims to be associated with the New Zealand Company, but the same company has confirmed that it has nothing to do with aspireinvestments.ltd.
At present, the name, as well as the website the operator is using, is “aspireinvestments.ltd”. The email addresses it is providing for inquiries include [email protected] and [email protected]. The operator has also provided a contact number on its website that is +64 (0)7 981 1505.