GSB Gold Standard Corporation fraud warnings from UK
The UK’s FCA has issued multiple securities fraud warnings against GSB Gold Standard Corporation associated companies.
On March 21st the FCA issued fraud warnings against G999, Lydian World and Gold Standard Trade (aka GSTrade).
GSB Gold Standard Corporation is a German company owned by Josip Heit (right).
- G999 is the failed cryptocurrency used to defraud investors through the original iteration of GSPartners
- Lydian World was an NFT spinoff, launched after it became apparent G999 had collapsed
- GSTrade is an internal exchange linked to GSB Gold Standard Corporation and associated companies
The FCA warns the above GSB Gold Standard Corporation companies “is not authorised” and “may be targeting people in the UK.”
This firm may be providing or promoting financial services or products without our permission.
You should avoid dealing with this firm and beware of scams.
GSPartners was the central fraudulent invest scheme run through GSB Gold Standard Corporation.
After collapsing last year, GSPartners was rebooted as GSPro. Following the termination of US and Canadian investors, GSPro has been dead in the water.
GSPartners’ original “gspartners.global” domain was abandoned last week.
Billionico emerged as a possible reboot but seems to have been abandoned. There is chatter of GSBDSwiss being resurrected but I haven’t seen anything to confirm.
Outside of the UK GSB Gold Standard Corporation has received fraud warnings from thirteen US states.
- Texas described GSPartners as “various fraudulent investment schemes that are threatening immediate and irreparable harm”
- Washington described GSPartners’ MLM business as “fraudulent activity”
- Alabama claims GSPartners was “evading Alabama laws and making guarantees that are unrealistic”
- California described GSPartners as a “fraudulent crypto investment scheme”
- Kentucky asserted GSPartners “acted as an unregistered issuer of unregistered securities through its publicly available websites”
- Wisconsin described GSPartners as a “global fraud scheme”
- Arkansas claimed GSPartners is “perpetrating numerous fraudulent investment schemes that are threatening immediate and irreparable harm to investors”
- New Hampshire accused GSPartners of “fraud and deception”
- Arizona determined GSPartners’ threat to “public welfare requires immediate action” and
- Florida’s undercover investigation into GSPartners revealed “unlawful activities“
- Mississippi described GSPartners’ Ponzi scheme as the “offering and selling fraudulent (of) certificates tied to digital assets”
- Georgia fined GSPartners, Josip Heit and Michael Dalcoe $500,000 for securities fraud
- Massachusetts’ Attorney General’s Office counted GSPartners in a list of “crypto scams”
An ongoing US federal investigation into GSPartners and Heit is also underway.
Outside of the US and the UK, six Canadian provinces have issued GSPartners fraud warnings (British Columbia, Ontario, Alberta (G999 GSTrade and GSPartners), Quebec and Saskatchewan).
South Africa, Australia and New Zealand have also taken action.
Another country issuing a fraud warning. How will JH’s lawyers keep up with all these false accusations against a company that is revolutionizing the finance world as we know it.
And a shout out to the top South African promoters(you know who you are), well done on the due diligence you bragged about doing, during your presentations to unsuspecting victims.
Shame, shame, shame, shame, shame……
Let’s not be coy about names… Promoters such as Andrew Eaton and Russell Jacob are seasoned criminals who have jumped from one scam to another, leaving a trail of victims in their wake.
Many were involved in Mirror Trading International and jumped right here. I would argue this is a risky game considering that South Africa has a reputation for high crime, in particular homicide.
Don’t forget Tony De Gouveia, Brendon Earp-Jones, and Neil de Waal.
They’ve all stolen their fair slice of the pie and are still jet setting around South Africa (recently to a 5 star safari reserve) at the expense of so called “investors”.
Bruce Hughes? How does one make the jump from youth pastor to teaching people how to scam family and friends quicker, faster and better.
Have they responded to any of the fraud warnings at this point?
They are telling everyone that they are fighting all of it and it’s mostly all resolved and all states have or are going to drop the warnings.
(I’m smart enough to know this is not true) But I’m wondering if GSP has actually responded to ANY of these warnings?
@Billie
Heit is only known to have responded to Arizona. Hearing is scheduled for September.
State fraud notices need to be challenged in each respective state, so nobody is “fighting all of it” and nothing has been resolved.
Also state regulators don’t just drop fraud warnings. Whoever is coming up with that nonsense is talking out of their ass.
Josip Heit: The FCA issued a warning against me. I guess that’s it for promoting in the UK.
Carter-Ruck: Not necessarilly…
Heit: You can make a warning go away?
C-R: Easy. Been there, done that. Hold my beer while I make a phone call
Farter Cuck’s services won’t come cheap… I wonder how long Josip is willing to keep these silly games up for?
According to my crystal ball and chicken bones I think sooner or later we will see a new JH scheme, fronted by his very own Boris. Either that or it’ll be Alex Bodi’s turn, in which case its a literal Boris CEO either way you look at it.
A contact in Germany commented that he cannot access GSPartners articles in his country and just sees a 404 error.
@OZ are all the GSPartners articles disabled in Germany?
Some are accessible some are blocked. I can’t remember specifically which ones as we implemented some of them last year.
The category page for GSPartners is blocked so seeing what is and isn’t might be problematic.
@CryptoShaman
That is correct. I have the same problem and use VPN to be able to read everything.