GSPartners has acquired a securities fraud warning from Saskatchewan, Canada.
As per the Monetary and Client Affairs Authority’s June 1st investor alert;
The Monetary and Client Affairs Authority of Saskatchewan (FCAA) warns buyers of the web entity GSPartners.
This entity claims to supply Saskatchewan residents a chance to spend money on crypto belongings.
GSPartners shouldn’t be registered to commerce or promote securities or derivatives in Saskatchewan.
The FCAA cautions buyers and customers to not ship cash to corporations that aren’t registered in Saskatchewan, as they will not be authentic companies.
The FCAA urges anybody who has invested into GSPartners to contact their Securities Division.
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 under to enlarge).
Amid a barrage of regulatory fraud warnings from Canada; G999, GSTrade and GSPartners from Alberta, Quebec, British Columbia, GSPartners rebranded as Swiss Valorem Financial institution in late Could.
By means of Swiss Valorem Financial institution, customers are nonetheless being pitched on passive funding plans:
Swiss Valorem Financial institution operates from GSPartners’ web site area (“gspartners.international”). Related shell corporations embrace Swiss Valorem Financial institution LTD (Kazakhstan), IBBP Pay Providers LTD (Kazakhstan) and CoinX24 AG (Switzerland).
As tracked by SimilarWeb, “gspartners.international” acquired ~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 corporations are registered to supply securities in any jurisdiction they solicit funding in.
GSPartners and Swiss Valorem Financial institution are run by former Karatbars Worldwide govt Josip Heit.
Heit, initially from Croatia, is believed to carry a German passport.
Lately Heit spends most of his time hiding out in Dubai, from the place GSPartners and Swiss Valorem Financial institution are additionally operated.