What’s left of GSPartners spinoff Auratus Gold is gearing as much as maintain two advertising and marketing promo occasions in Queensland, Australia this weekend.
The occasions, which can little doubt be used to market Auratus Gold to Australians, observe two Auratus Gold particular fraud warnings issued by the Australian Securities and Investments Fee (ASIC).
A social media put up from GSPartners proprietor Josip Heit suggests he touched down in Brisbane, Queensland earlier this week.
BehindMLM readers have confirmed Auratus Gold will maintain a promo occasion on the Yot Membership on Thursday, October seventeenth.
On its web site Yot Membership markets “full venue rent” on “Gold Coast & Brisbane’s iconic leisure vessel”.
Auratus Gold’s Yot Membership occasion might be adopted up by a “Wealth Odyssey Seminar and Gala”, to be held at Sea World on the Gold Coast on Saturday, October nineteenth.
On its web site Sea World markets bookable “bespoke experiences”:
Sea World in Australia is owned by the Village Roadshow Group, dba Village Roadshow Theme Parks.
Auratus Gold’s Yot Membership occasion seems to be personal however the firm is in any other case charging $398 for entry to the Sea World occasions (click on to enlarge):
ASIC issued its first Auratus Gold fraud warning on August 2024. The monetary regulator warned regardless of Auratus Gold was “prone to offer monetary providers to Australian customers” regardless of not being registered to take action.
Providing securities with out registration with ASIC constitutes securities fraud underneath Australian regulation.
ASIC issued a second warning on September eleventh, pertaining to Auratus Gold’s deserted “digital gold vaults” funding scheme.
A GSPartners fraud warning was issued by ASIC in November 2023.
Citing an uptick in native promotion, neighboring New Zealand additionally issued an Auratus Gold securities fraud warning in September 2024.
GSPartners and Josip Heit lately settled securities fraud costs throughout North America. As a part of the settlement, GSPartners and Heit are required to “return the total quantity of all monies and/or cryptocurrencies invested or deposited with GSB Group, GS Companions and its associates”.
GSB Group is a German mum or dad firm Heit runs his varied funding schemes by way of.
The second a part of the GSPartners settlement kicks in after refunds for GSPartners victims in North America have been secured.
Beneath the phrases of the second a part of the GSPartners settlement;
GSB Group and Mr. Heit will consent to the entry of an enforcement order that concludes they illegally provided and/or bought securities that weren’t registered pursuant to state regulation.
The Texas State Securities Board cited Auratus in an April 2024 securities fraud enforcement motion concentrating on Billionico. Billionico is one more GSPartners adjoining scheme tied to GSB Group and Heit.
It’s doubtless that Auratus Gold’s bookings with Yot Membership and Sea World had been made underneath unassuming names with no point out or reference to GSB Group, Auratus Gold or Heit.
Nonetheless if Auratus Gold’s deliberate occasions go forward, Yot Membership and Sea World will play central roles in internet hosting efforts to additional defraud Australian customers regardless of ASIC’s Auratus Gold fraud warnings.
BehindMLM has reached out to Yot Membership and Sea World for remark.