GSPartners and twenty other Josip Heit associated companies have received a securities fraud warning from the Bahamas.

As per the Securities Commission of the Bahamas’ August 7th Public Notice;

It has come to the attention of the Commission that an entity called GSB GOLD STANDARD BANK LTD.

(GS PARTNERS) doing business as (d/b/a), SWISS VALOREM BANK LTD. and by other designations (listed below), may be conducting activities that are either registrable/licensable or illegal under one or more of the Acts.

GSPartners associated companies cited by the SCB include;

GSPartners (gspartners.global)

G999 (g999main.net)

Gold Standard Partners (gspartners.global)

GSPartners and GSP

GS Partners Global

GS Smart Finance

GS Trade Exchange (gstrade.exchange)

GSB Gold Standard Bank LTD (gspartners.global)

GSB Gold Standard Banking Corporation PLC

GSB Gold Standard Pay

GSB Gold Standard Pay LTD (gstrade.exchange)

GSB Gold Standard Trade (gspartners.global)

GSDEFI (gspartners.global)

GS Digital Partners LLC (GSPRO) (gspro.network)

GSP (gspartners.global)

GSPartners (gspartners.global)

GSTrade (gspartners.global)

Lydian World (lydian.world)

Swiss Valorem Bank LTD (swissvalorembank.com)

WealthBuilders Worldwide

The Commission is informed that GS Partners representatives have advertised and have promoted their activities and investment programs in or from within The Bahamas, and have conducted recruitment exercises in this jurisdiction by means of in-person seminars and social media.

The Commission hereby advises the public that none of these entities or their agents/representatives are registered with/licensed by the Commission.

Additionally, none of the listed entities have applied to be registered/licensed by the Commission.

Therefore, any registrable/licensable or illegal activity conducted, in or from within The Bahamas, by these entities and their agents/representatives is in violation of one or more of the Acts.

With the exception of WealthBuilders Worldwide, all of the GSPartners associated entities cited by BSC are run by Josip Heit (right).

WealthBuilders Worldwide, aka WealthBuilders Global, was a top promoter group within GSPartners, run by Michael Lynn “El” Dalcoe and Nathaniel Hines.

GSPartners was a fraudulent investment scheme whose
last Ponzi ruse
saw it solicit investment through “metacertificates”.

Following
multiple regulatory warnings from Canadian provinces
in early 2023, GSPartners attempted to rebrand as
Swiss Valorem Bank
in May 2023.

Swiss Valorem Bank was dropped within a few months and never mentioned again.

Towards the end of 2023 GSPartners continued to receive regulatory fraud warnings, notably
over a dozen from the US alone
.

GSPartners went on to
collapse
in December 2023. A GSPro reboot was immediately announced but abandoned shortly after.

Billionico
and Auratus emerged in March 2024 as additional reboot attempts. Billionico was a weird “elite club” pyramid scheme, Auratus was a continuati

🤖 Quick Answer

What regulatory action has the Bahamas taken against GSPartners?
The Securities Commission of the Bahamas issued a public notice on August 7th warning that GSB Gold Standard Bank Ltd., operating as GSPartners and Swiss Valorem Bank Ltd., may be conducting activities that are either registrable, licensable, or illegal under Bahamian securities legislation, citing over twenty associated entities linked to Josip Heit.

Which companies were named in the Bahamas securities warning against GSPartners?
The Securities Commission of the Bahamas cited multiple affiliated entities including GSPartners, G999, Gold Standard Partners, GS Partners Global, GS Smart Finance, GS Trade Exchange, and GSB Gold Standard Bank Ltd., among over twenty companies associated with Josip Heit that were identified in the public notice.

Who is the individual associated with the GSPartners securities fraud warning?
Jos

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