As a financial adviser, our job is to help our clients get to and through their retirement.  No matter what President Trump or other people in the world do that impact on the investment markets, if our clients get caught in a scam, this can wipe out their wealth faster than anything the markets can do.

Slow and steady works, over the last 28 years we have helped hundreds of people slowly accumulate their wealth, then use it up during their retirement.

However, we have had an experience where one of our clients wanted things to go faster.  These blog posts tell you more about that clients experience.

Since the update was published, we have since found out the following information:

1. Not only did the client use all of their KiwiSaver, they also maxed out their overdraft facility and their credit card facility to put money into this investment scam.

2. The person who recommended this scam to this person has lost all their money and is now very unwell (possibly as a result of the stress)

3. The scammers kept on contacting this person for 11 months after this person said they weren't going to put any more money in and that they wanted their money back.

4. The person received NO money back.  The investment screens that showed profit were all fake.

5. The 'investment company - FX Revenues' were using phone numbers from locations all around the world to contact this person.  It was easy to stop answering their calls as they were easy to identify.

6. By the way, did you know that there are 204 cryptocurrency ATM's in New Zealand - We can't work out the purpose of these apart from facilitating crime, scams and money laundering. https://coinatmradar.com/country/153/bitcoin-atm-new-zealand/

Sexy investment or an investment scam?

UPDATE - Sexy investment or Scam