Cryptocurrency Investment Scam Warning BG Wealth
Summary
The Central Bank of Samoa issued a public advisory warning residents about a cryptocurrency investment scam operated under the name "BG Wealth." The warning links to related press releases from the Reserve Bank of Tonga and New Zealand's Financial Markets Authority, which have identified this scheme as targeting individuals in Tonga and New Zealand. The advisory serves as an informational alert to prevent Samoan residents from falling victim to the fraudulent investment scheme.
What changed
The Central Bank of Samoa published a new public advisory on March 26, 2026, warning the public about a cryptocurrency investment scam operating under the name "BG Wealth." The advisory cross-references press releases issued by the Reserve Bank of Tonga and the Financial Markets Authority of New Zealand, indicating this is a cross-border fraudulent scheme affecting multiple Pacific nations.
Affected parties in Samoa who may have been approached about BG Wealth investment opportunities should treat such offers with extreme caution. Financial consumers generally should verify any cryptocurrency or high-yield investment opportunity through their financial regulator before committing funds, as this advisory indicates the scheme is actively flagged by regional authorities.
Archived snapshot
Apr 20, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Public Advisory: Cryptocurrency Investment Scam “BG Wealth”
Published 26 Mar 2026
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