What’s left of GSPartners spinoff Auratus Gold is gearing up to hold two marketing promo events in Queensland, Australia this weekend.

The events, which will no doubt be used to market Auratus Gold to Australians, follow two Auratus Gold specific fraud warnings issued by the Australian Securities and Investments Commission (ASIC).

A social media post from GSPartners owner Josip Heit suggests he touched down in Brisbane, Queensland earlier this week.

BehindMLM readers have
confirmed
Auratus Gold will hold a promo event at the Yot Club on Thursday, October 17th.

On its website Yot Club markets “full venue hire” on “Gold Coast & Brisbane’s iconic entertainment vessel”.

Auratus Gold’s Yot Club event will be followed up by a “Wealth Odyssey Seminar and Gala”, to be held at Sea World on the Gold Coast on Saturday, October 19th.

On its website Sea World markets bookable “bespoke experiences”:

Sea World in Australia is owned by the Village Roadshow Group, dba Village Roadshow Theme Parks.

Auratus Gold’s Yot Club event appears to be non-public but the company is otherwise charging $398 for access to the Sea World events (click to enlarge):

ASIC issued its
first Auratus Gold fraud warning
on August 2024. The financial regulator warned despite Auratus Gold was “likely to be offering financial services to Australian consumers” despite not being registered to do so.

Offering securities without registration with ASIC constitutes securities fraud under Australian law.

ASIC issued a
second warning
on September 11th, pertaining to
Auratus Gold’s abandoned “digital gold vaults” investment scheme
.

A
GSPartners fraud warning was issued by ASIC
in November 2023.

Citing an uptick in local promotion, neighboring New Zealand also issued an
Auratus Gold securities fraud warning
in September 2024.

GSPartners and Josip Heit recently settled securities fraud charges across North America. As part of the settlement, GSPartners and Heit are
required
to “return the full amount of all monies and/or cryptocurrencies invested or deposited with GSB Group, GS Partners and its affiliates”.

GSB Group is a German parent company Heit runs his various investment schemes through.

The second part of the GSPartners settlement kicks in after refunds for GSPartners victims in North America have been secured.

Under the
terms of the second part of the GSPartners settlement
;

GSB Group and Mr. Heit will consent to the entry of an enforcement order that concludes they illegally offered and/or sold securities that were not registered pursuant to state law.

The Texas State Securities Board
cited Auratus
in an April 2024 securities fraud enforcement action targeting Billionico.
Billionico
is yet another GSPartners adjacent scheme tied to GSB Group and Heit.

It’s likely that Auratus Gold’s bookings with Yot Club and Sea World were made under unassuming names with no mention or reference to GSB Group, Auratus Gold or Heit.

Nonetheless if Auratus Gold’s planned e

🤖 Quick Answer

What promotional events is Auratus Gold organizing in Queensland during October 2024?
Auratus Gold is conducting two marketing events in Queensland, Australia. The first event takes place at Yot Club in Brisbane on October 17th, 2024. This is followed by a "Wealth Odyssey Seminar and Gala" scheduled at Sea World, promoting the company to Australian audiences.

What regulatory concerns surround Auratus Gold's promotional activities?
The Australian Securities and Investments Commission (ASIC) has issued two fraud warnings specifically targeting Auratus Gold prior to these promotional events, raising regulatory concerns about the company's operations and marketing practices in Australia.

Who is leading Auratus Gold's marketing campaign in Australia?
GSPartners owner Josip Heit is associated with Auratus Gold's promotional efforts. Social media evidence indicates his presence in Brisbane, Queensland during the week preceding the

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