A Christchurch investment firm is backing a call to Kiwis to watch out for investment scammers. There's been a steep rise in the number of investment scams attempting to impersonate real New Zealand businesses since the emergence of Covid-19. Only 40 warnings were made in the same timeframe last year, and only four were imposter scams. One local investment firm that knows that all too well is GRC Investments Limited, a private investment company based in Christchurch. The scammers are simply abusing that to steal other peoples’ money.”Advice to consumers and investors:* Don’t use contact details from the website.

Source: Stuff November 18, 2020 21:56 UTC