FMA warns investors about scammers impersonating NZ derivatives issuer

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is warning investors to be wary of scammers impersonating New Zealand-based derivatives issuer Rockfort Markets Limited.

The FMA last week issued scam warnings about www.rockfortmarket.net, www.rockfortcrypto.com, and www.rockfort-markets.com. The warnings followed several complaints to the FMA about investors – who are mainly based overseas – being scammed. Rockfort Markets Limited has confirmed it is not associated with these websites.

Scammers are nimble and may launch new websites continuing to impersonate Rockfort (and potentially, other New Zealand firms) in further attempts to dupe people, the FMA said. It is critical that investors check they are dealing with the correct entity.

The FMA will endeavour to update the warnings if new information is provided.

The regulator has previously noted a rise in scams impersonating New Zealand businesses. Over the past six months (February-July 2021) the FMA has issued 23 warnings about impostor websites, compared to 21 in the six months prior (August 2020-January 2021).

The legitimate Rockfort Markets website is: www.rockfortmarkets.com

Signs of an impostor website:

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