GSPro has blocked Canadian buyers from accessing its fraudulent “metacertificates” funding scheme.
As first reported by BehindMLM reader David earlier right now, GSPro purportedly started blocking Canadian GSPartners buyers on February seventh.
I used to be in a position to affirm Canada has been geo-blocked from accessing GSPro’s web site (notice GSPartners just lately modified its identify to GSPro following a number of regulatory fraud warnings).
The blocking of Canadian buyers, the vast majority of whom signed up and invested beneath GSPartners, follows blocking of US buyers in December.
Makes an attempt to go to GSPro’s web site from a Canadian IP deal with now returns the identical discover proven to US buyers.
Whereas the message beforehand solely referenced US buyers, it now reads;
We’re not providing any companies to, partaking in any transactions with, or accepting any funds from U.S. or Canadian prospects.
No new U.S. or Canadian prospects can be permitted to register. Nor will any new buyer be permitted to register from any nation with out correct “Know Your Buyer” documentation.
Any current U.S. or Canadian buyer accounts are within the means of being closed, as are all current accounts with out correct “Know Your Buyer” documentation on file.
To this point six Canadian provinces have issued GSPartners fraud warnings; British Columbia, Ontario, Alberta (G999, GSTrade and GSPartners), Quebec and Saskatchewan.
In November 2023 the British Columbia Securities Fee particularly singled out former Canadian resident Nitsa Nakos in a cited “coordinated U.S.-Canada enforcement motion”.
Nakos is believed to be on the heart of Canadian recruitment of GSPartners and GSPro buyers. Following the Canadian fraud warnings, Nakos fled to Greece.
GSPartners founder Josip Heit, initially from Croatia however with ties to Germany and Romania, stays holed up in Dubai.
There have been no public bulletins from GSPartners since January 2024. Neither the US or Canadian regulatory fraud warnings have been mentioned on the company webinar.
Since GSPartners blocked US buyers in December, US web site site visitors to GSPro’s web site has plummeted.
As of January 2024, high sources of site visitors to GSPro’s web site are Canada (31%), the UK (13%), Kazakhstan (13%) and Greece (12%). Up till December 2023, the US accounted for over half of GSPartners web site site visitors.
Thus far twelve US states have issued GSPartners and GSPro regulatory fraud warnings.
The newest state to take motion was Georgia. Following an inner investigation, Georgia’s Commissioner of Securities fined Heit and high US promoter Michael Dalcoe $500,000.
At the very least two confirmed US federal investigations into GSPartners and GSPro are ongoing.
Exterior of the US and Canada, South Africa, Australia and New Zealand have additionally taken regulatory motion.
Pending additional motion by authorities, whole GSPartners investor losses stay unknown.