GSPartners @ BehindMLM

FinTelegram has received a legal threat for acting on GSPartners’ regulatory compliance failures. As reported here on Behind and verifiable through their respective websites, GSPartners has received securities fraud warnings from multiple Canadian regulators:

Earlier this week it became apparent that GSPartners is on the road to collapse. This started with the disabling of weekly returns on Monday, swiftly followed up by a 50% withdrawal fee on Tuesday. Officially, GSPartners has fed investors baloney about a “downturn in the markets”. The actual reason for the collapse is far simpler.

GSPartners’ campaign to punish investors who withdraw continues. Less than 24 hours after disabling weekly ROIs, GSPartners has implemented a 50% withholding fee on all withdrawals.

GSPartners has disabled ROI payouts. Instead of addressing investors himself, GSPartners founder Josip Heit had Bruce Hughes deliver the bad news.

GSpartners has terminated an investor’s account after he publicly discussed withdrawal delays. GSPartners then threatened the investor with legal action if public discourse surrounding the delays wasn’t taken down.

Metamask has blocked three GSPartners related domains for “nefarious activity”. Metamask, a US-based software company, pitches itself as “the leading self-custodial wallet.”

Christopher Scanlon’s Nvayo Limited has been hit with a number of regulatory restrictions by the FCA. On August 8th, the FCA imposed six restrictions on Nvayo Limited’s business operations:

GSPartners and Swiss Valorem Bank have received a securities fraud warning from Ontario, Canada. As per the Ontario Securities Commission’s July 25th, warning;

Saskatchewan’s Financial and Consumer Affairs Authority has requested GSPartners investors get in contact.

Swiss Valorem Bank launched in mid May. The company is a rebranding of GSPartners. GSPartners is owned and operated by Josip Heit. Originally from Croatia, Heit is believed to hold a German passport. GSPartners was launched back in 2021 following the collapse of Karatbars International’s KBC cryptocurrency Ponzi scheme. Karatbars International was owned and operated [Continue reading…]