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AUCKLAND, New Zealand, June 9, 2023 /PRNewswire/ Global financial institution Citi is urging consumers to remain vigilant following a spate of scams that have used the company's branding to deceive unsuspecting New Zealanders. Citi provides a range of financial services to institutional, government and corporate clients but does not offer products or services to individual retail customers in New Zealand. In recent months, criminals have used the branding of legitimate financial institutions and banks, including Citi, to entice victims into fake investments. Criminals often use the real names of employees of those institutions when reaching out to potential targets. In many instances, victims have been approached directly by fraudsters after submitting their contact details into unregulated, third-party investment comparison sites. Derek Syme, Citi Country Officer for New Zealand said, "We are urging New Zealanders to be aware and alert to the threat of financial scams. Crim

New zealandNew zealandersDerek symeCiti country officer