BREAKING - Business Choice Partners Group Limited, Bitcoin Future and others added to FMA warning list

New Zealand Financial Markets Authority added Business Choice Partners Group Limited, Bitcoin Future, Yifeng Meng and Ling Sen Luo and Carrera Corporation Ltd. The New Zealand regulator has advised people to operate with caution when dealing with the foreign exchange dealers due to concerns they may be involved or operating a scam.

The regulator reported the following details of the two companies:

Business Choice Partners Group Limited

Associated Entities: Sing United Trading Co., Ltd and BCP Trading Co., Ltd, Knight Service Group Limited

Websites: https://www.bcpgltdmarkets.com... and http://www.bcpgltd.com/

Address: Unit G25 Waterfront Studios, 1 Dock Road, United Kingdom E16 1A, London

Email: bcpgltdmarkets@gmail.com, support@bcpgltd.com

Phone: +85251032979, +85262161244, +85292597057, + 85294682615

The FMA noted that Business Choice Partners Group Limited claim to recognized by the ‘national financial regulatory commission of Australia and New Zealand’. There are no such regulatory bodies. The New Zealand watchdog also stated that the websites claim to be operated by BCP Group Limited. BCP Group Limited, an incorporated company and registered financial service provider in New Zealand, is not associated with the websites. Business Choice Partners Group Limited also operates as Knight Service Group, which the FMA has already issued a warning about.

The regulator provided details of the bank account used by Business Choice Partners Group Limited:

Account Name: Xiong Yin Qiong

Account Number: BKCHHKHH 012-593-009-223-5

Bank Name: Bank of China (Hong Kong)

Account Name: Cq Yeyou Trading Co Ltd

Bank Name: The Currency Cloud Limited

Account Name: ePaylinks Technology CO Limited

Bank Name: Bank of China (Hong Kong)

Account Name: Liem Nguyen

Bank Name: WIRECARD BANK AG EINSTEINRING (Germany)

Account Name: Thanh tuan vo

Bank Name: WIRECARD BANK AG EINSTEINRING (Germany)

Account Name: Li Yuandong

Bank Name: Chong Hing Bank Centre (Hong Kong)

Account Name: JLTT Trading Pte Ltd

Bank Name: UOB Overseas Bank Limited (Singapore)

Account Name: Lu Shijun

Account Number: LT193120023810000744

Bank Name: UAB Paytend Europe (Lithuania)

Account Name: JLTT Trading Pte Ltd

Bank Name: UOB Overseas Bank Limited (Singapore)

Account Name: Li Yuandong

Account Number: 256801756776

Bank Name: Chong Hing Bank Limited (Hong Kong)

Bitcoin Future

Phone: Unknown

Email: Unknown

The FMA issued a warning against Bitcoin Future. The regulator also stated that the Malta Financial Services Authority has cautioned the public about Bitcoin Future on 31 October 2019.

Yifeng Meng and Ling Sen Luo

Phone: 027 2976003

Email: financialnzgovt@gmail.com

The FMA stated that regulator has received information linking Yifeng Meng and Ling Sen Luo and money remittance scam that FMA has published a warning about on 2 September 2020.

The regulator provided details of the bank account used by Yifeng Meng and Ling Sen Luo:

Account Name: Ling Sen LU

Bank Account Number: 6226633400400381

Bank Name: Guang Da Bank Inner Mongolia

Carrera Corporation Ltd

Websites: Crypt-opay.com

Email: admin@crypt-opay.com

The FMA reported that Carrera Corporation Ltd claims to offer investment plans with unrealistically high returns. The regulator states that the company's website uses the name, registered office address and New Zealand company number of Carrera Corporation Limited (Company number: 3175205). The director of Carrera Corporation Limited and the entity based at the office address have confirmed they are not associated or connected with the website. Carrera Corporation Ltd is not a registered financial service provider in New Zealand.

Source: https://www.leaprate.com/forex...