FMA warns public to be wary of misleading advertising promoting “risk-free, money-back investments”
MR No. 2015 – 05
27 February 2015
The Financial Markets Authority (FMA) is warning people to beware of a company offering a risk-free, high-return investment programme.
The company trades as Eco Investments Group and the FMA warns anyone dealing with them to exercise extreme caution before obtaining any financial services, or acquiring any financial products.
The FMA says that Eco Investments Group is regularly advertising in New Zealand newspapers offering what it says are guaranteed, high-returns for relatively little investment. The FMA has received several complaints about the company.
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