GSPartners and three Canadian promoters have received a
temporary order
from the British Columbia Securities Commission.

The order is part of a “coordinated U.S.-Canada enforcement action”, targeting GSPartners.

The three named Canadian GSPartners promoters are Haidy Nitsa Nakos, Tanya Sue Cloete and James Bruce Gardiner.

Nakos, who has since fled Canada for Greece, is one of the highest ranked GSPartners promoters.

BCSC states the aim of its order is to “stop the promotion of an investment product called “MetaCertificates.””

Through MetaCertificates, GSPartners
solicits investment
on the promise of up to 5% a week. BCSC claims it is

concerned that the high and consistent returns touted in promotions of GSPartners and MetaCertificates are unlikely or impossible to achieve through legal means, and is a common sign of investment fraud.

In other words, BCSC suspects GSPartners is a Ponzi scheme.

The temporary order against Haidy Nitsa Nakos, Tanya Sue Cloete, James Bruce Gardiner, who BCSC staff believe are B.C. promotors of MetaCertificates, and GSB Gold Standard Bank Ltd. (doing business as GSPartners), GSB Gold Standard Corporation AG and Swiss Valorem Bank Ltd., prohibits them from engaging in promotional activities by or on behalf of GSPartners.

The order also prohibits:

-Nakos, Cloete, Gardiner and GSPartners and its related entities from disseminating to the public, or authorizing the dissemination to the public, any information or record relating to securities of GSPartners, and

-The trading of securities of GSPartners.

BCSC’s temporary order expires on December 1st. It’s expected further action against GSPartners will be taken.

BCSC previously issued a
GSPartners securities fraud warning
on May 30th. Similar fraud warnings have been issued by
Ontario
, Alberta (
G999
,
GSTrade
and
GSPartners
),
Quebec
 and
Saskatchewan
.

In the US
Texas
,
Alabama
,
Washington
and
California
have issued GSPartners fraud warnings and/or orders.

BehindMLM has also previously confirmed ongoing
SEC and CFTC investigations into GSPartners
.

🤖 Quick Answer

What is the GSPartners fraud case in British Columbia?
GSPartners and three Canadian promoters received a temporary order from the British Columbia Securities Commission as part of coordinated U.S.-Canada enforcement action. The order targets promotion of MetaCertificates, an investment product promising up to 5% weekly returns. BCSC determined such consistent returns are unlikely or impossible to achieve legitimately.

Who are the named Canadian GSPartners promoters?
The three named promoters are Haidy Nitsa Nakos, Tanya Sue Cloete, and James Bruce Gardiner. Nakos, one of GSPartners' highest-ranked promoters, fled Canada to Greece. All three were involved in soliciting investments through the fraudulent MetaCertificates scheme.

What are MetaCertificates according to BCSC?
MetaCertificates represent an investment product promoted by

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