GSPartners has obtained a fraud warning from New Zealand.
As per the Monetary Markets Authority’s February seventh warning, the regulator
suggest[s] warning when coping with GS Companions/GSPartners which seems to advertise its providers or merchandise in New Zealand by means of numerous web sites and enterprise names.
Identified firms related to GSPartners embrace:
- GSB Gold Customary Pay Ltd
- GSB Gold Customary Financial institution Ltd
- Gold Customary Commerce
- Lydian World
- G999
- GSTrade
- GSPro
- GSB Gold Customary Banking Company PLC
- GSB Gold Customary Company AG
- GSB Gold Customary Kommanditbolag (aka GSB Gold Customary Pay LTD)
- GSDEFI and
- Swiss Valorem Financial institution LTD
Citing fraud warnings from South Africa and Australia, the FMA expresses concern over GSPartners
- working a multi-level advertising and marketing scheme;
- offering monetary providers or merchandise whereas unauthorised within the respective jurisdictions;
- providing unrealistic returns to its traders; and
- making false and deceptive statements and shows
GSPartners and its related firms are run by Josip Heit (proper).
Heit, initially from Croatia, is believed to be hiding in Dubai.
In response to regulatory motion from 13 US states (together with stop and desist notices, injunctions and financial fines), GSPartners rebooted as GSPro in late 2023.
Shortly thereafter GSPro blocked US GSPartners traders from accessing their accounts.
Since then GSPro held one company webinar on January sixteenth. No important bulletins concerning GSPartners fraud warnings or locking of US traders accounts have been made.
Thus far GSPartners and GSPro have did not publicly reply to the fraud warnings from South Africa and Australia. It’s unclear whether or not GSPro will reply to New Zealand’s warning.