Scoop has an Ethical Paywall
Beware of Telephone Share Scams
News release
12 March 2007
Beware of Telephone
Share Scams
The Securities Commission has released the names of two new telephone share fraudsters calling New Zealanders.
Chase Capital Inc from the United States of America and Tradex Corporation from China are the most recent companies calling New Zealanders with bogus share deals.
The Commission warns New Zealanders against “brokers” offering bogus share deals over the phone.
“These people keep changing their names, the countries they operate from and their tactics to make people believe that they are legitimate,” says Director of Enforcement Norman Miller.
“It is extremely unwise to send money overseas to someone you know only by a telephone call. Money sent out of the country to these fraudsters will inevitably be lost.”
Hang up on these callers is the best advice. Talking to them gives them more opportunity to persuade you to send money.
Names of share fraudsters who have telephoned New Zealanders are on the Commission’s website. For information on share scams visit www.sec-com.govt.nz or www.sharescams.org.nz
ENDS
Gordon Campbell: On The Hikoi Aftermath
Stats NZ: National Population Estimates: At 30 September 2024 (2018-base)
NZ Government: New Zealand’s COP29 National Statement
Surf Life Saving NZ: Volunteer Lifeguards Make Big Effort To Keep Us Safe, As Paid Lifeguard Service Commences In Northern Region
Action Station: Biggest Ever Community Petition, With Over 200,000 Signatures, Opposes Treaty Principles Bill
Palestinians for Hīkoi mō te Tiriti: Statement From Palestinian Leaders - Hīkoi Mō Te Tiriti Is A Historic Moment For All In Aotearoa
Anglican Church in Aotearoa: Anglican Archbishops To Join Hīkoi Mō Te Tiriti In Wellington
