GSPartners and Swiss Valorem Bank have received a securities fraud warning from Ontario, Canada.

As per the
Ontario Securities Commission’s July 25th, warning
;

GSPartners aka Swiss Valorem Bank, found at gspartners.global, is not registered in Ontario to engage in the business of trading in securities.

This is the equivalent of a securities fraud warning in other jurisdictions.

Recruitment of GSPartners investors in Canada is spearheaded by “Crown Ambassador” Nitsa Nakos.

Originally from British Columbia, Nakos’ FaceBook profile suggests she has fled to Greece.

GSPartners 
solicited investment in cryptocurrency
 on the promise of passive returns, paid out over 18 to 24 months (click below to enlarge).

Amid a barrage of regulatory fraud warnings from Canada;
G999
,
GSTrade
from Alberta and GSPartners from
Quebec
, GSPartners
rebranded as Swiss Valorem Bank
 in late May.

After the Swiss Valorem Bank rebrand, GSPartners received additional fraud warnings from
Alberta
, 
British Columbia
and
Saskatchewan
.

Through Swiss Valorem Bank, consumers are still being pitched on passive investment plans:

Swiss Valorem Bank operates from GSPartners’ website domain (“gspartners.global”).

Known associated shell companies include:

GSB Gold Standard Corporation AG (Germany)

GSB Gold Standard Bank LTD (Comoros)

Swiss Valorem Bank LTD (Kazakhstan)

IBBP Pay Services LTD (Kazakhstan)

GSB Gold Standard Pay Ltd (Kazakhstan)

CoinX24 AG (Switzerland) and

SVB & GSPartners Global Limited (Hong Kong)

As tracked by SimilarWeb, “gspartners.global” received ~568,000 visits throughout June 2023. The majority of that traffic originated out of the US (62%).

Canada is the second largest source of GSPartners & Swiss Valorem Bank website traffic, coming in at 6%. Recruitment is also on the rise in Greece (5%) and Russia (4%).

Neither GSPartners, Swiss Valorem Bank or any of its associated companies are registered to offer securities in any jurisdiction they solicit investment in.

GSPartners and Swiss Valorem Bank are run by former 
Karatbars International
 executive Josip Heit.

Heit, originally from Croatia, is believed to hold a German passport.

These days Heit spends most of his time 
hiding out in Dubai
, from where GSPartners and Swiss Valorem Bank are also operated.

🤖 Quick Answer

Is GSPartners registered with Ontario Securities Commission?
No. GSPartners, operating as Swiss Valorem Bank at gspartners.global, lacks registration with Ontario to conduct securities trading activities. This unregistered status constitutes a securities fraud warning equivalent issued by Canadian regulators on July 25th.

Who recruited GSPartners investors in Canada?
Nitsa Nakos, identified as "Crown Ambassador," spearheaded recruitment efforts for GSPartners investors across Canada. Originally from British Columbia, her social media activity indicates relocation to Greece during the regulatory investigation period.

What investment products did GSPartners offer?
GSPartners solicited cryptocurrency investments promising passive returns distributed over eighteen to twenty-four months. These offerings were presented to prospective investors as guaranteed income-generating opportunities without disclosing associated risks or regulatory violations.

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