Survey Reason

The inspection team received investors’ phone calls with the hope of more New Zealand licensed brokers whose real addresses were not consistent with those declared by the supervision agency exposed. Our investigation staff would visit AALG GLOBAL for the detail in this period, according to investors’ feedback.

Company Building

According to the regulatory information, the address of the New Zealand licensed company AALG GLOBAL was: Level 8 92 Albert Street Auckland. The investigation staff visited the spot.

Guided by the google navigation, our staff found the highly modernized building as the regulatory information showed.

Exclusive

After entered the building, they learned from the guidance information on the pillar of the ground floor that the New Zealand licensed broker AALG GLOBAL set its office on the 8th floor.

They arrived at the 8th floor by elevator, but only to find that all offices of the floor were empty.

Summary

It has been proved by the on-the-site investigation of our staff that the actual address of the New Zealand licensed broker AALG GLOBAL is not consistent with that declared by the supervision agency. The broker holds a financial service providers license issued by FSP, but it is still suspicious of cloning.