Think before you invest: NBS
Big returns? Big red flag 🚩
When it comes to investments, something that looks too good to be true most likely is. The Financial Markets Authority have warned of a surge of impersonator social media investment scams. Scammers often use deepfake (images, videos, or audio that have been edited or generated using artificial intelligence) to promote investment advice and encourage victims to invest in fake online investment platforms.
Always research thoroughly before making any investment. Be cautious about who is contacting you and if they are a licenced financial advice provider. You can check this by searching the Financial Service Providers Register.
If you think you’ve been scammed:
🔒 Stop all contact with the scammer and do not send any money.
🔒 Contact NBS immediately on 0800 101 700. If you sent money using another payment service provider, ask them to trace the funds.
🔒 Tell a trusted relative or friend what has happened. They may help you see the situation more clearly, help you deal with the scammers, and suggest what to do next.
🔒 If you have been targeted by an investment scheme report it to the Financial Markets Authority via their official website.
🔒 If you keep getting phone calls from scammers, report them to your telecommunications provider. If you are getting spam emails and text messages, report these to the Department of Internal Affairs.
For more information on keeping safe from fraud and scams, visit nbs.co.nz
NBS is not a registered bank.
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