FMA (New Zeland): Warning against Crowd1
Crowd1 get-rich-quick scheme has been banned by The Bank of Namibia. Investigation found it to be a pyramid that must inevitably collapse. Crowd1 have the biggest website traffic from South Africa. This scam also appeared on the Philippines and Mauritius warning lists.
Crowd1 (Impact Crowd Technology S.L.)
ADRESS: Calle Velazquez 86, Portal A, 1 derecha 28006, Madrid, Spain
Reason for warning:
We recommend exercising caution before dealing with Crowd1 and Impact Crowd Technology S.L. as they are not registered companies or financial service providers in New Zealand.