PHOTO: Nikki Connors pictured in a promotional post from the now-deleted Nicolette Invest Dubai Facebook page. AI generated as she does not look like this – see below.
💥 Kiwi Investor Speaks Out: “Annoyed and Disgusted” After Property Deal Turns Sour
A New Zealand property investor has come forward with a stark warning — claiming she’s been left financially worse off by more than $100,000 after following advice from a high-profile property figure – Nikki Connors.
Now, with that same figure reportedly promoting overseas property opportunities, concerns are growing around investor protection and accountability.
🏠 The Deal That Went Wrong
The investor says she trusted advice when purchasing an off-plan property — but the outcome has been far from what was promised.
📉 Property now worth at least $100,000 less than purchase price
💸 Significant potential loss if sold today
😟 Ongoing financial stress and uncertainty
She says the experience has left her feeling:
👉 “Annoyed”
👉 “Disgusted”
👉 Financially vulnerable
⚖️ Official Complaint Upheld — Compensation Ordered
The case was taken to a financial complaints body, which found that:
❌ Misleading and outdated information had been used
❌ Expectations around capital growth were not accurate
As a result:
💰 $136,671 in compensation was ordered
📋 The company involved was removed from the Financial Service Providers Register
However, the investor claims that no payment has been received.
A photo of Connors that accompanied a recent Facebook post on the now-deleted Nicolette Invest Dubai page. Photo / Facebook
🌍 Now Operating Overseas — New Concerns Raised
Despite regulatory action in New Zealand, the individual at the centre of the case is now reportedly:
📍 Operating internationally
🏙 Promoting property opportunities in Dubai
📲 Active on social media targeting overseas investors
This has raised serious questions about:
👉 Accountability across borders
👉 Investor protection in offshore markets
👉 The ability to continue operating internationally
⚠️ Regulators Issue Strong Warning
New Zealand’s financial authorities are urging caution when dealing with overseas property advisers.
Key risks include:
🌍 Different laws and protections overseas
⚖️ Limited ability to recover losses
🚫 NZ safeguards may not apply
Authorities warn that if unlicensed individuals continue advising NZ-based clients, significant penalties could apply.
😟 “We Trusted the Advice” — Investor Regret
The investor says she now regrets not doing more research before committing.
👉 “We trusted the advice”
👉 “We’re stuck with it now”
👉 “It’s been really difficult”
She says the situation has left her and her partner:
💔 Financially stressed
📉 In a weakened position
❓ Unsure what to do next
🏦 Bigger Picture: The Risk of Property “Influencers”
This case highlights a growing issue in the property space:
⚠️ Rise of property “experts” and promoters
⚠️ Increasing interest in overseas investments
⚠️ Blurred lines between advice, coaching, and marketing
For investors, the key takeaway is clear:
👉 Not all advice is equal — and not all protections apply
🔥 Final Take: A Warning for Kiwi Investors
With property markets becoming more complex and global opportunities increasing, this story serves as a timely reminder:
✔ Do your own due diligence
✔ Understand who is giving advice
✔ Be cautious with offshore investments
Because when things go wrong…
Getting your money back may not be so easy.
SOURCE: ONE ROOF