Billionico blocks Texas following securities fraud warning
Billionico has blocked Texas residents following its inclusion in a securities fraud order.
GSPartners @ BehindMLM
Auratus launches with new shell companies
Billionico is dead in the water following a securities fraud cease and desist from Texas. As part of the Texas State Securities Board’s April 22nd order, Auratus was cited as an associated company tied to Terry Lee and a Hong Kong shell company. Other companies TSSB associated with Auratus include Primus Liquidity Holding (Marshall Islands), [Continue reading…]
Billionico securities fraud cease & desist from Texas
The GSPartners spinoff Billionico has received a securities fraud cease and desist from Texas. Named respondents in the Texas State Securities Board’s April 22nd emergency cease and desist order include:
Alabama sends out GSPartners investor questionnaire
The Alabama Securities Commission has sent out a questionnaire to GSPartners investors. Dated April 15th, the ASC’s questionnaire provides an opportunity for GSPartners investors to provide details pertaining to their individual circumstances. Oh, and the ASC also knows about Billionico…
GSPartners victims sought as Texas issues executive bans
Several respondents in the Texas State Securities Board’s previously issued GSPartners emergency cease and desist order have lost their right to appeal. These include GSPartners executives Dirc Zahlmann, Bruce Hughes and Aline Lima, as well as the failed Swiss Valorem Bank rebrand.
Reddit, Yelp & other platforms file amicus brief in GSB NYSC appeal
Reddit, Yelp, GlassDoor, Indeed, TripAdvisor and the PubPeer Foundation have collectively filed an amicus brief in BehindMLM’s GSB Gold Standard Corporation appeal. In their capacity as a “group of online speech platforms with millions of daily users”, brief movants (amici) above seek to address an “important question”;
Billionico hires banned mutual fund rep as “elite coach”
On April 1st GSPartners spinoff Billionico announced it had hired Alfredo Pino. An accompanying press-release claimed Pino, who also goes by Alfie Pino, had been hired to “mentor elite education teams”. Alfie Pino has extensive coaching experience, specializing in all things cryptocurrency. He was teaching, helping students navigate the ever-changing rapids of the blockchain industry [Continue reading…]
GSPartners reportedly “abandoned hope of operating in US”
A promoter has claimed GSPartners has “abandoned any hope of operating in the US”. The update was presented as a highlight of a GSPartners corporate call, held on Thursday April 4th.
Inside BCSC’s investigation into GSPartners & promoters
The British Columbia Securities Commission has published reasoning behind its decision to extend a temporary order. The order, issued on November 16th, 2023, prohibits promotion of GSPartners’ “MetaCertificates” unregistered securities offering. Specific breaches of British Columbia law cited by the BCSC included: illegal distribution of securities; illegal trading of securities; prohibited representations; and fraud In [Continue reading…]
Andrew Eaton claims GSPartners settling with US regulators
Andrew Eaton has claimed GSPartners is on the verge of negotiating settlements with US regulators. Eaton, a top earner in the fraudulent investment scheme, leads a group of South African promoters under “GIHugeness” branding.
