Financial Markets Authority
Catalogue reference · Recorded date: 2025-06-03. Confirm the exact legal entity and current status with the authority.
Open authority reference ↗- Commercial name
- Verbo Capital (Pty) Ltd
- Recorded website
- verbofx.com
- Other recorded websites
- verbo-fx.com|user.verbofx.com/member/login/view|verbo-market.com|verbo-fx.com/index.php?lang=en
- Authority jurisdiction
- New Zealand
- Authority reference
- 64
- Authority record date
- 2025-05-22
- Categories
- 1,5
- Category details
- Unregistered/Unlicensed entity offering financial products or services|Fraud and Other Types of Misconduct
- Products
- 6
- Product details
- Crypto and Digital Assets
- Recorded business email
- [email protected]
- Social media
- 21~+852 5322 0128|21~+852 6139 1267|21~+852 6614 5058
- Social media details
- WhatsApp: +852 5322 0128|WhatsApp: +852 6139 1267|WhatsApp: +852 6614 5058
- Additional catalogue information
- We have received reports of verbo-fx.com and verbofx.com operating a cryptocurrency trading scam. A New Zealand resident was befriended on Facebook and subsequently contacted via WhatsApp, where they were referred to the trading app VerboCapital-live. This app appears to fabricate trading profits and inflate account balances to encourage further deposits. It is associated with verbo-fx.com and verbofx.com. This victim was able to conduct “trial trading” and successfully withdraw a small amount of money. However, later attempts to withdraw funds or access so-called trading profits were unsuccessful. They were then asked to pay a “cryptocurrency trading tax” to get their money out. After unsuccessful withdrawal attempts, they were locked out of their trading account.
- Validation date
- 2025-06-03
- Modification date
- 2025-06-03