China Overseas Chinese Network, February 18th. According to a comprehensive report from New Zealand Tianwei.com, the New Zealand Financial Markets Authority (FMA) recently issued a message urging Chinese New Zealanders to beware of investment scams under the current economic situation. If unfortunately, they need to report to the government in time. .

　　FMA is an investment regulatory agency under the New Zealand government, which also investigates fraud involving financial services.

It coincides with the Lunar New Year, FMA reminds Chinese to discover investment scams and know what to do when they encounter scams.

　　By 2020, FMA has received nearly 200 reports of fraud and fraud, but only a few complaints are from Chinese.

Nevertheless, a 2020 FMA survey found that about one-fifth of New Zealand Chinese are facing potential investment scams.

The victim chose not to report the fraud

　　Liam Mason, head of FMA regulations, suspects that many fraud victims choose not to report the fraud, “They may not know who to contact, or they may think it is meaningless because the amount is small or they did not actually lose money. ."

　　"We also know that scammers will even warn victims that if they report crimes, they will cause trouble for themselves. This is obviously incorrect." Mason said that FMA's Chinese staff are also committed to investigating fraud. If the complainant is not the native language, the FMA call center will use an interpreter to help the complainant.

　　"We want to hear from anyone who has encountered a potential investment scam, even if the complainant just thinks a certain behavior is suspicious, or he has actually lost money." "This year is the Year of the Ox, and scammers will continue to'work.' Send money to anyone without basic background checks to avoid wasting hard-earned money."

Two sites to keep in mind

　　FMA advises Chinese to keep in mind two New Zealand government websites.

Firstly, anyone offering investment to New Zealanders should be on the "Financial Service Providers Register", and secondly, the above institutions should not appear on the FMA's fraud warning list

　　He added that professional-looking websites are sometimes scam websites, and some scammers even advertise on social platforms.

For further advice on how to spot a scam and if you encounter a scam, please refer to FMA's new Chinese scam webpage.