Disclosure details -

Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

Livaxxen

Disclosure summary

Disclosure matching Website matching
Disclosure time 2025-01-20
Reason for punishment Livaxxen is not licensed nor registered on the Financial Service Providers Register (FSPR) to provide financial services or products in New Zealand.

Disclosure details

Livaxxen – Operating a scam and withholding client funds

20 January 2025 Livaxxen – Operating a scam and withholding client funds SHARE THIS We are concerned that Livaxxen is operating a scam.  The FMA has been made aware that Livaxxen is offering financial services and claiming to be based in New Zealand.   Livaxxen is not licensed nor registered on the Financial Service Providers Register (FSPR) to provide financial services or products in New Zealand. We understand an investor has been unable to withdraw funds after investing with Livaxxen. We recommend exercising caution when dealing with Livaxxen.  Entity: Livaxxen Website: Livaxxen.com Email: customersupport@livaxxen.com Phone: +64 9 8011909 Address: (Alleged) AON Building, 1 Willis Street, Wellington 6011, New Zealand and 171 Featherston Street, Wellington 6011, New Zealand.

Annex

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More regulatory disclosure

Danger

2024-04-29

Scam Alert: Trade Propel- Fraudulent company (the “fraudulent company”) and Unauthorized use of website (the “unlawful websites”)