GSPartners @ BehindMLM

When MLM companies committing fraud tout a debit card, it’s typically obtained through shell companies attached to dodgy merchants. Both GSPartners’ and PLC Ultima offered debit cards through PMA Media Group, Aurae Lifestyle, Nvayo Limited, Club Swan and AU Card LLC – all owned by Christopher James Scanlon. Scanlon was arrested by US authorities at [Continue reading…]

GSPartners has rebranded as Swiss Valorem Bank. The move follows several GSPartners related securities fraud warnings from financial regulators.

GSPartners and 52 website domains associated with it have received securities fraud warnings from Quebec’s Autorite des Marches Financiers.

GSPartner’s G999 Ponzi coin has received a securities fraud warning from Alberta, Canada.

GSPartner’s GSTrade platform has received a securities fraud warning from Alberta, Canada.

On January 25th the brokerage BDSwiss confirmed it never had a partnership with GSPartners. On January 30th BehindMLM learned of BDSwiss’ announcement and covered GSPartners’ deception. It wasn’t the first time owner Josip Heit had been caught lying about business partnerships. Following BDSwiss’ announcement, GSPartners is now covering up its lies through a new Skyground [Continue reading…]

Earlier this month BDSwiss began confirming it had no partnership with GSPartners through support tickets. Now the broker has issued a public statement reiterating no partnership ever existed.

When GSPartners unveiled its “metaverse certificates” Ponzi scheme last May, BDSwiss was presented as a trading partner. So the ruse went, BDSwiss was trading invested funds so that GSPartners could pay out up to 480% annually. Now, roughly eight months into the purported arrangement, BDSwiss deny any partnership existed.

The merchant providing GSPartners with debit card financial services has severed ties. In an email sent out earlier today, Club Swan and Nvayo Limited advised GSPartners affiliates;

GSPartners has abandoned its harassment lawsuit against against Chris Saunders.