GSPartners & Swiss Valorem Bank fraud warning from ON, CA
GSPartners and Swiss Valorem Bank have received a securities fraud warning from Ontario, Canada.
As per the Ontario Securities Commission’s July 25th, warning;
GSPartners aka Swiss Valorem Bank, found at gspartners.global, is not registered in Ontario to engage in the business of trading in securities.
This is the equivalent of a securities fraud warning in other jurisdictions.
Recruitment of GSPartners investors in Canada is spearheaded by “Crown Ambassador” Nitsa Nakos.
Originally from British Columbia, Nakos’ FaceBook profile suggests she has fled to Greece.
GSPartners solicited investment in cryptocurrency on the promise of passive returns, paid out over 18 to 24 months (click below to enlarge).
Amid a barrage of regulatory fraud warnings from Canada; G999, GSTrade from Alberta and GSPartners from Quebec, GSPartners rebranded as Swiss Valorem Bank in late May.
After the Swiss Valorem Bank rebrand, GSPartners received additional fraud warnings from Alberta, British Columbia and Saskatchewan.
Through Swiss Valorem Bank, consumers are still being pitched on passive investment plans:
Swiss Valorem Bank operates from GSPartners’ website domain (“gspartners.global”).
Known associated shell companies include:
- GSB Gold Standard Corporation AG (Germany)
- GSB Gold Standard Bank LTD (Comoros)
- Swiss Valorem Bank LTD (Kazakhstan)
- IBBP Pay Services LTD (Kazakhstan)
- GSB Gold Standard Pay Ltd (Kazakhstan)
- CoinX24 AG (Switzerland) and
- SVB & GSPartners Global Limited (Hong Kong)
As tracked by SimilarWeb, “gspartners.global” received ~568,000 visits throughout June 2023. The majority of that traffic originated out of the US (62%).
Canada is the second largest source of GSPartners & Swiss Valorem Bank website traffic, coming in at 6%. Recruitment is also on the rise in Greece (5%) and Russia (4%).
Neither GSPartners, Swiss Valorem Bank or any of its associated companies are registered to offer securities in any jurisdiction they solicit investment in.
GSPartners and Swiss Valorem Bank are run by former Karatbars International executive Josip Heit.
Heit, originally from Croatia, is believed to hold a German passport.
These days Heit spends most of his time hiding out in Dubai, from where GSPartners and Swiss Valorem Bank are also operated.
When GS Partners collapses in the not too distant future, due to new investors/victims drying up, I do hope the USA, Canadian, and Caribbean authorities go after the promotera of the scam.
I noted Heit promoted Dirc Zahlmann to “fall guy” CEO the other day.
No family relation but strong Ruja/Konstantin vibes. Will probably end the same way too.
They are targeting fresh blood in Asia! Like shooting fish in a barrel with new minions barely able to speak English let alone understand the Ponzi!
They are getting desperate for new investment. The eventual collapse is surely not far away.
Correct, Andrew Eaton and his cronies are now targeting new recruits in Asia (flying only Business Class and First Class of course).
Eaton’s latest ploy seems to be paid for profile articles in obscure online publications.
Nothing like a self penned fluff piece extolling your virtues to keep the new suckers rolling in.
They are still very much busy in sa too, targeting professionals with their own networks from previous scams and greedy celebs.
Is that the same Andrew Eaton that was involved the Karatbars Ponzi and Lifestyle Galaxy Ponzi?
Lot of grannies in SA lost their pensions cause of him.
Are GSP/Valorem “investors” able to withdraw their money or is it tied up until a certain date?
Do they get income from the scheme along the way or is it supposed to be a big one-time payout?
Locked for 52 weeks to 78 months.
ROI is paid weekly to every 45 days in GEUR funny money. Investors can cash out GEUR as long as GSPartners has invested funds to recycle.
One and the same.
That man has long list of accolades:
dishonest.wiki/doku.php?id=andreweaton&s[]=eaton
Andrew Eaton spending a small fortune on paid news articles in various arbitrary newspaper/magazines to get further buy in from minions!
Minions in G999 too stupid to realise Andrew Eaton written the articles and that they have effectively paid for the articles! Too funny!
I am currently invested in this company. I am by no means a financial professional. But what I do know is what I was sudo promised at the point of introduction has definitely not happened.
The return is low. Yes they pay out weekly on the 2000$ you invest. But the quarterly payment is terribly low. 48$ on 2000$ over 5 month.
Also I have tried and tried to find out exactly how and who they invest with. With no answers.
As far as I can tell they are using new clients start up cost as a way to pay out the current customers. Ans when you talk with anyone involved they sound like a cult.
Uplines this ecosystem that. Being plugged in. Everyone who is indoctrinated into GSpartners all spend the same cultish language.
I have to wait till march 2024 to see if my investments will return. No one yet has had a certificate come to maturity.
They will soon so let’s see if they actually get paid out. I am kind of doubtful about that.
Again if anyone can find who and what this company is investing in as to how it makes money I would absolutely love to know.
Legally this information has to be disclosed to financial regulators and be publicly available through audited financial reports.
That is isn’t… well, y’know.