GSPartners @ BehindMLM

While authorities in Dubai might turn a blind eye to MLM scams, outside of the UAE fraud has consequences. In a recently filed defamation complaint, Driven Properties bemoan getting into business with GSPartners.

GSPartners affiliates have conceded the company is committing securities fraud. Unfortunately they’re of the mistaken belief that hiding securities fraud makes it less illegal.

In December 2017, Josip Heit incorporated the shell company GSB Gold Standard Banking Corporation AG. An August 31st filing with the Dusseldorf District Court in Germany gives us a peek into the shell companies behind GSPartners.

On her LinkedIn profile Forbes Riley describes herself as an award-Winning TV host, Author, Motivational Speaker, Entrepreneur, One of the World’s Leading Health & Wellness experts (National Fitness Hall of Fame inductee). The “about” blurb continues to celebrate Riley’s career achievements; Forbes was voted the “Top 20 Most inspiring People on Television” through her roles [Continue reading…]

On LinkedIn Michael Dalcoe cites himself as a member of GSPartners’ “Executive Council”. On YouTube Dalcoe titles himself as CEO of the company: Whatever his official role within the Ponzi scheme, evidently one of Dalcoe’s roles is silencing affiliates who complain.

After Accor Group publicly stated GSPartners wasn’t authorized to use Movenpick in their branding, it seems GSPartners is pushing the deal through anyway. GSPartners has been dropped. Instead the deal is being pushed through JJJ Holdings, a shell company owned by Josip Heit.

Arguably central to GSPartners’ G999 Ponzi scheme is Gold Standard Bank (GSB). On GSPartners’ website and in their marketing material Gold Standard Bank is represented as holding a banking license in Mwali. If you’ve never heard of Mwali, you’re not alone. It’s a tiny island off the eastern coast of Africa.

Less than 48 hours ago BehindMLM published evidence suggesting GSPartners’ G999 was created via an off the shelf shitcoin script. In response to that article, GSBank have deleted the evidence.

GSPartners’ G999 appears to be an off the shelf purchased shitcoin script. One that’s been used to launch at least two scamcoins.

As part of our coverage of GSPartners’ XLT Ponzi token launch, BehindMLM got in touch with Accor Group about a week ago. Accor Group owns the Movenpick brand, and we wanted to know if they were OK with GSPartners using one of their properties in Dubai to promote their XLT Ponzi points scheme. A few [Continue reading…]