Things have been pretty quiet over at Skyway Capital, following a regulatory warning issued by Estonia in June 2017.
Russia remains Skyway Capital’s primary source of investment revenue, however New Zealand could be emerging as a fresh source of victims to dupe.
On July 12 New Zealand’s Financial Markets Authority issued a Skyway Capital “suspected scam” warning.
According to the FMA, Skyway Capital is being promoted to New Zealand residents via social media.
Skyway Capital’s investment opportunity constitutes a financial service, which neither Skyway Capital nor its investors are licensed to offer in New Zealand.
Skyway Capital and The Skyway Group are not registered as a financial service provider in New Zealand and is therefore not permitted to provide financial services to New Zealand residents.
In addition to our previously cited Estonia warning, the FMA also notes similar regulatory warnings from Lithuania and Belgium.
It is noted on the warnings that Skyway Capital and The Skyway Group could be involved in a scam and are an unlicensed entity in those jurisdictions.
BehindMLM reviewed Skyway Capital in August 2016.
Based on the ridiculous notion that Russian transport would provide investors a 22% daily ROI, we concluded Skyway Capital was an obvious Ponzi scheme.