Financial Markets Authority
Catalogue reference · Recorded date: 2024-12-03. Confirm the exact legal entity and current status with the authority.
Open authority reference ↗- Commercial name
- Flipearners
- Authority jurisdiction
- New Zealand
- Authority reference
- 64
- Categories
- 1
- Category details
- Unregistered/Unlicensed entity offering financial products or services
- Additional catalogue information
- We understand Flipearners provides trading services in crypto, crypto binary and stocks. Flipearners operation has the hallmarks of a scam, in particular: they unreasonably withhold client funds; and they asked an investor to pay unnecessary fees to continue trading. We are aware of a New Zealand resident who invested with Flipearners. The investor is not able to withdraw the funds they invested, and the entity ceased communication with the investor when requesting a withdrawal. Flipearners is not registered to provide financial services in New Zealand. It is therefore operating in breach of New Zealand financial markets legislation. We recommend exercising caution when dealing with Flipearners. Entity: Flipearners Website: flipearners.com Email: [email protected]
- Validation date
- 2024-12-03
- Modification date
- 2024-12-03