FMA warns against Messrs John Preston and Robert Harding; Harding & Company Advisors

Detail

REASON FOR WARNING: FMA New Zealand have reasons to believe that Messrs Preston and Harding, and the website www.handcadvisors.com have the hallmarks of a scam.

FMA New Zealand are concerned that Messrs Preston and Harding are cold calling New Zealand residents purporting to be representatives from Harding and Company Advisors and offering the opportunity to purchase shares. Messrs Preston and/or Harding instructed the funds to be remitted to two different bank accounts (neither of which were in the name of Harding and Company Advisors) in two different jurisdictions, as follows:

FMA New Zealand does not believe that Messrs Preston and Harding, or the website www.handcadvisors.com , are associated with the SEC-registered firm of Harding & Co or Ohio-registered adviser Mr Michael Robert Harding.

FMA New Zealand recommends caution before dealing with Messrs Preston and Harding and the website www.handcadvisors.com as they:

• Have been cold calling New Zealand residents;
• Are not licensed or regulated to provide financial services in New Zealand;
• Are not associated with the US registered investment advisory firm of similar name;
• Instruct people to remit funds to third parties in different jurisdictions; and
• Have the hallmarks of a scam.

Source Link

https://fma.govt.nz/news-and-resources/warnings-and-alerts/preston-and-harding/