According to an article published by New Zealand B2B News, New Zealand reported fraud losses of $160 million over the past year, including approximately $19 million from relationship and trust-based scams. The article states that crypto scams are targeting New Zealand's Pacific communities through trusted networks such as family, churches, and community leaders. In February 2026, the New Zealand Financial Markets Authority, along with regulators from Tonga, Australia, the UK, and the US, jointly warned about the BG Wealth Sharing crypto scam, stating that the project had spread within Tongan community networks in five countries and was not registered in New Zealand to offer securities, derivatives trading, or investment advice.