GSPartners has obtained a securities fraud warning from the Alberta Securities Fee.
The ASC added GSPartners to its “Funding Warning Checklist” on Could nineteenth, 2023.
The ASC advises the businesses on its Funding Warning Checklist
should not registered with the ASC and that seem like partaking in actions that both require registration beneath Alberta securities legal guidelines or could also be funding scams.
Recruitment of GSPartners buyers in Canada is spearheaded by “Crown Ambassador” Nitsa Nakos.
Initially from British Columbia, Nakos’ FaceBook profile suggests she has fled to Greece.
GSPartners solicited funding in cryptocurrency on the promise of passive returns, paid out over 18 to 24 months (click on beneath to enlarge).
Following a string of regulatory fraud warnings from Canada (G999, GSTrade and Quebec), the ASC’s GSPartners warning being the most recent, GSPartners rebranded as Swiss Valorem Financial institution final week.
Via Swiss Valorem Financial institution, shoppers are nonetheless being pitched on passive funding plans:
Swiss Valorem Financial institution operates from GSPartners’ web site area (“gspartners.world”). Related shell firms embrace Swiss Valorem Financial institution LTD (Kazakhstan), IBBP Pay Companies LTD (Kazakhstan) and CoinX24 AG (Switzerland).
As tracked by SimilarWeb, “gspartners.world” obtained ~483,000 visits all through April 2023. The overwhelming majority of that site visitors originated out of the US (74%).
Neither GSPartners, Swiss Valorem Financial institution or any of its related firms are registered to supply securities in any jurisdiction they solicit funding in.
GSPartners and Swiss Valorem Financial institution are run by former Karatbars Worldwide government Josip Heit.
Heit, initially from Croatia, is believed to carry a German passport.
As of late Heit spends most of his time hiding out in Dubai, from the place GSPartners and Swiss Valorem Financial institution are operated.