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.

The author of Driven Properties’ complaint has been redacted. We’re assuming it’s company owner and Managing Director, Abdullah Alajaji.

Alajaji claims, as a result of doing business with GSPartners, Driven Properties is
‘getting red and KYC flagged by our bank and whenever we apply for a new license.’

Also, multiple clients refuse to deal with us because of negative and un true information. when clients read news that we are part of Ponzi Schemes, they immediately reject us and refuse to deal with us.

The complaint goes on to claim BehindMLM reporting of Driven Properties’ partnership with GSPartners

is not true, and there is not a single evidence about it.

Which is odd, because the BehindMLM articles that feature Driven Properties are choc-full of incriminating evidence.

BehindMLM first reported on Driven Properties’ GSPartners partnership back in July.

Here’s Alajaji onstage at a GSPartners event in Dubai, positively gushing about the partnership:

Curious what Alajaji said? Have a listen yourself.

Update 27th June 2024 – 
YouTube has
terminated GSB Gold Standard Corporate’s channel
.

There was a link to the referenced GSPartners livestream above but as a result of GSB’s channel being terminated I’ve now disabled it. 
/end update

The partnership saw Driven Properties
provide GSPartners access to real-estate in Dubai
, so as to further their G999 token Ponzi scheme.

In a nutshell, GSPartners affiliates invest in G999 coins. The company uses those funds to pay both pyramid commissions and internal token withdrawal requests.

It is that second flow of money that makes GSPartners a Ponzi scheme.

Additionally GSPartners is not registered to offer securities in any jurisdiction. This means the company 
at best
is
committing securities fraud
the world over.

If you want a more in depth breakdown, check out BehindMLM’s published
GSPartners review
.

But uh yeah, “not a single evidence” in sight.

Getting back to Driven Properties’ complaint, the company states it has
‘lost enough business in corona and we cant afford losing more clients because of untrue news like this.’

Rather than approach BehindMLM and explain how they didn’t enter into a partnership with a Ponzi scheme, Driven Properties bypassed us and went to Google.

Evidently Driven Properties were hoping Google would help them bury fraud.

Google
submitted
Driven Properties’ complaint to the Lumen Database for public review.

GSPartners’ other local partnership in Dubai is SAAS Properties. No word on whether they’re also facing regulatory scrutiny.

The way I see it, Driven Properties getting flagged by financial institutions is the system at work.

If financial institutions fail to cover themselves, they themselves can face penalties from regulators.

🤖 Quick Answer

What partnership issues has Driven Properties faced with GSPartners?
Driven Properties filed a defamation complaint alleging that its partnership with GSPartners resulted in banking compliance problems, including KYC flagging and license application rejections. The company claims clients abandoned business relationships after reading negative reports associating Driven Properties with Ponzi schemes.

Why did Driven Properties' clients terminate business relationships?
According to the complaint, multiple clients severed ties after learning about the GSPartners association and reading media reports linking Driven Properties to fraudulent schemes. The reputational damage allegedly stemmed from negative and unverified information circulating about the partnership.

What regulatory consequences did Driven Properties experience?
Driven Properties reported being flagged by its bank for KYC compliance purposes and faced obstacles when applying for new business licenses, allegedly as a direct consequence of the GSPartners partnership and subsequent negative publicity.

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