 The Financial Markets Authority FMA of New Zealand said it recorded an increase in the number of investment scams discovered during its recent fiscal year that ended in June 2022. Across all categories, the regulator highlighted 111 cases during the period, which represents a 17 increase from 95 cases in 2021. Giving a breakdown, the FMA said that scam cases include 105 suspected fraudulent schemes, 48 unregistered businesses and one fake regulator that impersonated the FMA. In 20... 