Swiss Valorem Bank (GSPartners) fraud warning from BC, CA
Swiss Valorem Bank and GSPartners have received a securities fraud warning from British Columbia, Canada.
GSPartners conducts business using various names, including GSB Gold Standard Pay Ltd., GSB Gold Standard Bank Ltd., Gold Standard Trade, Lydian World, G999, GSTrade, and Swiss Valorem Bank. They claim to offer cryptocurrency investment services.
GSPartners is not registered to trade in, or advise on, securities or derivatives in BC.
As a result of Swiss Valorem Bank and GSPartners committing securities fraud, the BCSC
urge(s) BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
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).
Through Swiss Valorem Bank, consumers are still being pitched on passive investment plans:
Swiss Valorem Bank operates from GSPartners’ website domain (“gspartners.global”). Associated shell companies include Swiss Valorem Bank LTD (Kazakhstan), IBBP Pay Services LTD (Kazakhstan) and CoinX24 AG (Switzerland).
As tracked by SimilarWeb, “gspartners.global” received ~483,000 visits throughout April 2023. The vast majority of that traffic originated out of the US (74%).
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 operated.