NZ Compare Rates - Comparison site harvesting investor details
Flagged by Financial Markets Authority · New Zealand (NZL)
Official Warnings (1)
We are concerned that NZ Compare Rates may be operating a scam.
It operates a website claiming to “compare New Zealand’s best investments”.
The website states that investors can “invest up to $100k safely with the Depositor Compensation Scheme”. However, no such scheme is currently offered in New Zealand.
The website prompts consumers to enter personal contact details and details of proposed investments into an online form.
FMA believes this website is a front, used to collect personal information from New Zealanders, which then enables overseas scammers to contact them with fictitious term deposit investments.
We recommend New Zealanders exercise extreme caution when dealing with this entity and not provide it with any personal information.
ENTITY NAME: NZ Compare Rates
WEBSITE: www.nzcomparerates.com
TELEPHONE: +61861506184, +61871303189
EMAIL: [email protected], [email protected], [email protected]
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This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.