MichelAnge21, you truly is a wealth of information.
Lately, I too have noticed some new forex brokers claiming to be based in New Zealand.
Huhhh!....Looks like being "based/registered in New Zealand" must be one of the latest ploy of scammer brokers to give their scumbag company some authenticity since being based in "Delaware;U.S.A" no longer works.
Would be interesting to see list of ALL Brokers listed in New Zealand.
Dear Rahman
Ok, I ll write something here that I had been reluctant to write until now because I understand that a company with the SAME NAME as another but incorporated in another country can always argue with their lawyers that the similarity of names is a PURE COINCIDENCE.
So I start with a disclaimer here that I simply searched the New Zealand public registry of companies and I found such strange COINCIDENCES like the existence of a Bforex in NZ and also an INVESTECHFX TECHNOLOGIES in NZ while we all know that there is an Investtechfx Technologies incorporated in Canada ( but not properly registered as a forex broker ) and a Bforex incorporated in the British Virgin Islands.
Other COINCIDENCES include the fact that the suspicious NZ companies often times use ALSO another offshore jurisdiction for their actual forex operations because New Zealand wouldn t allow them in NZ proper. I told InvesttechFX clients to ask Investtechfx WHERE exactly is their " clearing Dept " or " liquidity provider " that is supposed to have some problem with their account. It s NOT in Canada. It s NOT in New Zealand either. I wont say where it is but there are COINCIDENCES pointing to a certain country...
It is a COINCIDENCE that the SAME PERSONS without any significant net worth are the ultimate official owners of dozens of such corporations in typical nominees fashion when the true beneficial owners are carefully hidden from view.
It is a COINCIDENCE that a New Zealand woman without significant net worth owned dozens of companies through her own personal corporation until june 2010 and ALL OF THEM were transferred to another guy that month after a New Zealand journalist started asking questions.
It is a COINCIDENCE that another guy from a poor village in Panama
is named as director and/or owner of dozens of other corporations linked to the NZ entities.
It is a COINCIDENCE that any investors going after those nominees will find no assets to seize.
It is a COINCIDENCE that a search of the registro publico of Panama reveals more information ( harder to search; you need to learn a few tricks ).
It is a COINCIDENCE that many of those companies imploded like classical ponzi schemes and, while a few guys were arrested, the MONEY was never found. The story is always that the money was LOST by the minor crook who faces justice. US attorneys are unfortunately unable to trace where exactly the money went because the corporate structure is too CONFUSING and involves entities in many countries. The Justice department of other countries have obviously less ressources than the USA and can do even less.
Still, the USA deserve a tip of the hat for effectively getting one guy EXTRADITED from Panama ( what other country can do that ? Panama would just laugh at an extradition request coming from any other country ). That person was Jeffrey Mowen now awaiting trial in Utah. Search for that guy s name in the NZ public registry of companies and try to understand:
1) why was he director of a NZ company
2) why was his operations in Panama and
3) Where is the money he didn t spend on his stupid cars collection.
If you understand all that, communicate with the SEC attorney handling the case because he obviously understands nothing from the court documents that I have read. I THINK I understand but I sure cant PROVE anything. It s all COINCIDENCES; dont forget...but forex isn t regulated AT ALL in Panama and New Zealand is a pretty respectable country. Since New Zealand allows anybody to become a " financial service provider " as long you dont accept NZ clients, you can then offer all kind of " banking services " from a respectable jurisdiction and start moving money around from bank accounts to other bank accounts. The " dirty money " has to become " clean money " that will be recycled like in real estate somewhere.
While in jail, Jeffrey Mowen conspired to MURDER 4 potential witnesses who were former investors ( conpired with a soon-to-be-released inmate: unfortunately, or fortunately for the would-be victims, that inmate was an informant ). That is a very questionable business practice that the sheep shall not only be FLEECED: they shall also be BUTCHERED.
Now, know with whom we re dealing with here...or at least try to guess. They are wealthy: they are powerful and they stay behind the scene. They also have good lawyers.
So I repeat my disclaimer: Everything I wrote here was about PURE COINCIDENCES that I inadvertently found.
P.S. Tip of the hat to John80 who originally found how so many nz corporate entities were linked under ONE umbrella. I found a similar NZ network and I m not daring enough to give all the list here. Let s just say that they operate in dozens of countries with dozens of corporations. They obviously read this forum since one individual entered a post to protest of the legitimacy of his own NZ corporation.
P.S. for Goldex-Equities. You protested here but your corporate address at 135 Albert in Auckland NZ is shared by dozens of companies like yours and is really the address of Servcorp that rents virtual offices for a minimal fee.There is NOBODY from your corporation who REALLY works there. A good way to show your legitimacy would be to tell us WHERE YOU REALLY ARE in case investors would have to contact you DIRECTLY by MAIL. AND I SAID DIRECTLY !!!! Not through some " mail forwarding service ". Just GO AHEAD ! WHERE ARE YOU WRITING FROM ? And dont give us the address of your COMPLIANCE AGENT in NZ either. He s an ACCOUNTANT who created a SHELL company that was ready-made. A person from HONG KONG bought the shell-company. Are you operating from THERE ? It is NOT CERTAIN AT ALL. Your actual operations could be ANYWHERE. My guess is you are in Malaysia or Indonesia.
What legitimate company would carefully avoid listing the actual address of their actual operations ?
