GSPartners has obtained a securities fraud warning from the Australian Securities and Investments Fee (ASIC).
ASIC added GSPartners to its “Investor Alert Record” on November fifteenth, 2023.
Entities positioned on ASIC’s listing are “prone to offer monetary companies to Australian shoppers”, whereas “not maintain(ing) an Australian monetary companies licence or Australian credit score licence from ASIC”.
Beneath Australian regulation, providing securities with out being registered with ASIC constitutes securities fraud.
Virtually all suppliers of economic companies in Australia should be licensed by ASIC.
With respect to entities positioned on the Investor Alert Record, ASIC warns;
If somebody contacts you to supply an funding alternative, otherwise you discover a suspicious web site, be cautious. It may very well be a rip-off.
This investor alert listing may help you recognize which firms, companies and web sites (or ‘entities’) are to not be trusted.
Over on FaceBook there’s a “GS Companions Australia” group, presently boasting 3800+ members:
The group has two admins; Brent Dobson and Mell Balment.
Dobson, who seems to work for Toyota, and Brooks, who refers to herself as a “quantum coach and healer”, are each from Queensland.
GSPartners is run by Josip Heit (proper).
Heit is believed to carry a German passport and is presently hiding out in Dubai.
Along with Australia, GSPartners and Heit have obtained a number of regulatory enforcement actions from the US, Canada and South Africa.
Within the US Arkansas, Wisconsin, Kentucky, California, Washington, Alabama and Texas have all taken regulatory motion towards GSPartners and Heit.
BehindMLM additionally not too long ago confirmed ongoing CFTC and SEC investigations.
In Canada GSPartners has obtained seven securities fraud warnings; British Columbia, Ontario, Alberta (G999, GSTrade and GSPartners), Quebec and Saskatchewan.
As a part of a joint operation with their US counterparts, final week the British Columbia Securities Fee additionally took additional motion towards three GSPartners promoters.
Lastly, South Africa’s FSCA issued a GSPartners securities fraud warning on November twenty second.
Given the scope of GSPartners’ fraud throughout the US and involvement of federal regulators, it’s extremely possible the DOJ are additionally constructing a felony case.
To this point neither Josip Heit or any GSB executives have addressed the GSPartners regulatory enforcement actions.