GSPartners has received a securities fraud cease and desist from New Hampshire.

As per New Hampshire’s Bureau of Securities Regulation’s
November 16th order
, GSPartners is effectively banned across the state.

Respondents named in BSR’s order are:

GSB Gold Standard Bank (dba GS Smart Finance, Gold Standard Partners, GSPartners, GS Partners & GSP)

GSB Gold Standard Banking Corporation PLC

GSB Gold Standard Corporation AG

GSB Gold Standard Pay Kommanditbolag (aka GSB Gold Standard Pay LTD, acting under the brand name GSDEFI)

GSB Gold Standard Trade

Swiss Valorem Bank LTD

Josip Dortmund Heit (GSPartners’ owner)

Bruce Innes Wylde Hughes (GSPartners’ Corporate Trainer)

Aline Lima (GSPartners’ Partner Relationship Manager) and

Dirc Zahlmann (GSPartners’ CEO)

Collectively, BSR refers to GSPartners as

an international coalition … of various fraudulent investment schemes that are threatening immediate and irreparable public harm.

This assessment is based on a joint investigation by

securities regulators from the United States and Canada, (who) identified the threat presented by GSB Group and organized a working group to collectively investigate its dealings.

As per BSR’s order, GSB Gold Standard Bank started off as GCC Gazella Corporate Capital GmbH, a German shell company “involved in the manufacture, import, export and distribution of chemicals, plastics, plant protection products, and dyes.”

GCC Gazella Corporate Capital was owned by Josip and Kristina Heit. BSR doesn’t state when it happened, but at some point GCC Gazella Corporate Capital changed its name to GSB Gold Standard Banking Corporation AG.

This new shell company was owned by Josip Heit, Kristina Heit, Ulf Lammers and Andrey Labuzdko.

In 2021, GSB Gold Standard Banking Corporation AG changed its name once again to Gold Standard Corporate AG.

It is this company name that Heit’s GSPartners Ponzi scheme has operated under (
launched in 2021
, the current iteration is “
Swiss Valorem Bank
“).

Heit’s Ponzi scheme is run through a series of “proprietary internal tokens”, which BSR casts doubt on even existing.

The proprietary internal tokens are represented by the tickers GEUR, CVEUR, LEUR and DEUR.

They are highly illiquid assets, are not traded on most if not all external cryptocurrency exchanges and have little or no fair market value.

Moreover, Respondent GSP is not providing clients with access to block explorers for GEUR, CVEUR, LEUR and DEUR, and they are not disclosing information relating to their consensus mechanisms, their contract addresses or their contracts.

Simply put, Respondent GSP is not providing clients with sufficient information to show GEUR, CVEUR, LEUR and DEUR actually exist.

In a nutshell, BSR has determined GSPartners’ MLM opportunity constitutes a securities offering.

Respondents GSP and Hughes mistakenly and falsely (claim) Respondent GSP uses proprietary tokens like CVEUR, which represents convertible euro, instead of external tokens like

🤖 Quick Answer

What regulatory action did New Hampshire's Bureau of Securities Regulation take against GSPartners?
New Hampshire's Bureau of Securities Regulation issued a cease and desist order on November 16th against GSPartners for securities fraud and deception, effectively banning the company's operations throughout the state.

Who are the main entities and individuals named in the New Hampshire enforcement order?
The order names GSB Gold Standard Bank and related entities, Swiss Valorem Bank LTD, and four individuals: Josip Dortmund Heit (owner), Dirc Zahlmann (CEO), Bruce Innes Wylde Hughes (Corporate Trainer), and Aline Lima (Partner Relationship Manager).

Under what alternative names did GSPartners operate according to the regulatory order?
GSPartners operated under multiple aliases including GS Smart Finance, Gold Standard Partners, GS Partners, GSP, and

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