On October sixteenth GSPartners held its month-to-month company webinar.
On the decision, proprietor Josip Heit declared he was “very excited” about GSPartners’ upcoming November 18th Cape City occasion.
[44:52] Our incentive, which we may have within the subsequent … or in round thirty days, from at the moment on in Cape City. The place you don’t wish to miss this occasion.
I promise you don’t wish to miss this occasion as a result of it’s so vital. I’m getting very excited even when I’m considering [sic].
[55:45] Girls and Gentleman, hope to see all of you and extra of you, in Cape City.
This was on sixteen [sic] of October, Josip Heit Chairman of the Board, Gold Commonplace Group.
GSPartners’ November 18th occasion in Cape City went forward as scheduled yesterday. Heit didn’t flip up.
GSPartners traders, who paid $150 plus journey bills to attend, had been as an alternative greeted by GSPartners’ advertising and marketing staff.
Heit’s absence on the Cape City occasion follows six US fraud enforcement actions filed by US state regulators final week. These embrace Texas, Washington, Alabama, California, Wisconsin and Washington.
As a part of a joint-operation between US and Canadian authorities, British Columbia additionally took motion towards GSPartners and three promoters.
GSPartners regulatory troubles in Canada and US weren’t addressed on the Cape City occasion.
Heit apparently not eager to danger leaving the perceived security of Dubai stands in distinction to the advertising and marketing staff’s attendance – most of whom are named Respondents within the US regulatory enforcement actions.
- Dirc Zahlmann, a German nationwide and just lately appointed GSPartners CEO, was named within the Texas, Alabama, California and Kentucky enforcement actions
- Bruce Hughes, a South African nationwide and GSPartners’ Company Coach, was named within the Texas, Alabama, California and Kentucky enforcement actions
- Michael Dalcoe, a US nationwide and prime GSPartners promoter, was named within the Texas, Alabama, California, BC, Kentucky and Wisconsin enforcement actions
- Haidy Nitsa Nakos, a Canadian nationwide and prime GSPartners promoter, was named within the BC enforcement motion
- Nathaniel Hines (aka Nate Hines) and Jeanette Morgan Hines, husband and spouse US nationals and prime GSPartners promoters, had been named within the Alabama enforcement motion
- Andrew Eaton, a South African nationwide and prime GSPartners promoter
Along with Heit, different notable absences embrace:
- Alex Cocindau, a Romanian nationwide and GSPartners’ CTO and
- Antonio Euclides Menesis DE GOUVEIA (aka Tony De Gouveia), a South African nationwide suspected of being closely concerned in GSPartners’ funds
Two people who undoubtedly ought to have recognized higher however profited from showing anyway, are Frazer Brooks and Eric Worre.
Brooks, a UK nationwide who claims he’s “obsessive about community advertising and marketing”, pitches himself as an MLM advertising and marketing coach.
Brooks attended GSPartners’ Cape City occasion in-person and spoke on stage:
Eric Worre, a US nationwide, didn’t make the journey from the US however appeared on stage in pre-recorded footage.
Regardless of the a number of US regulatory fraud warnings issued, Worre said he’d been “watching what (GSPartners was) doing” and was “happy with all of the exhausting work so many individuals are placing in”.
Cape City isn’t the primary GSPartners’ occasion. Worre attended and spoke at a GSPartners occasion held in Dubai again in Could.
Worre markets himself as “the main authority in teaching Community Advertising Professionals”. Extra just lately, Worre is best recognized for becoming a member of the collapsed Omega Professional company staff.
Exterior of MLM, Worre and spouse Marina are reported to have stolen ~$21.4 million via the collapsed Merchants Area Ponzi scheme.
Along with the six US state-level enforcement orders, BehindMLM confirmed two US federal regulatory investigations into GSPartners earlier this month.
Given the scope of fraud and sheer variety of actions taken by US state regulators, it’s extremely seemingly a federal prison case can be being constructed.
Nearly all of GSPartners traders are US residents. Based mostly on web site site visitors tracked by SimilarWeb, recruitment of US traders into GSPartners had already dwindled over the previous few months (e.g. down 21% month on month between September and October 2023).
It’s anticipated elevated regulatory stress from the US may have a extreme affect on GSPartners’ ongoing enterprise operations.
Whether or not Josip Heit makes any additional public appearances, throughout which he runs the chance of probably additional incriminate himself, stays to be seen.
Replace twentieth November 2023 – Footage of Heit talking by way of webinar on the Cape City occasion has surfaced:
I haven’t seen the entire presentation however in a single quick clip Heit falsely boasts about GSPartners rising sooner than ethereum.