Altera Global has been labelled a “suspected scam” by New Zealand’s FInancial Markets Authority.
As per the
FMA’s January 26th alert
;
We recommend caution when dealing with Altera Global Limited.
Altera Global is offering financial products and services but isn’t registered on the Financial Service Providers Register.
Altera Global
is a Boris CEO Ponzi scheme that represents it is based out of New Zealand.
By failing to register its securities offering with the FMA, Altera Global would be operating illegally in New Zealand.
The FMA goes on to confirm that, in fact, Altera Global has no physical ties to New Zealand.
Altera Global also claims to be located at the Vero Centre, 48 Shortland Street, Auckland; however, we have had confirmation that no entity of that name has ever operated from that address.
Like most Boris CEO Ponzi schemes, Altera Global is suspected of being run by Russian scammers.
🤖 Quick Answer
What is the FMA's warning regarding Altera Global?New Zealand's Financial Markets Authority issued an alert on January 26th labeling Altera Global as a "suspected scam." The company offers financial products without FMA registration, operates illegally in New Zealand, and falsely claims to be based in Auckland at Vero Centre. The FMA confirmed Altera Global has no legitimate physical presence in New Zealand.
Is Altera Global legitimately registered in New Zealand?
No. Altera Global is not registered on the Financial Service Providers Register and has failed to register its securities offering with the FMA, making its operations illegal in New Zealand. The company falsely claims a physical address at Vero Centre, 48 Shortland Street, Auckland, but has no actual entity presence there.
What type of scheme is Altera Global characterized as?
Altera Global is characterized as
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