GSPro, the entity formerly known as GSPartners, began blocking Canadian investors on February 7th, severing access to its "metacertificates" investment scheme. This move follows similar restrictions imposed on U.S. investors in December. Attempts to access the GSPro website from a Canadian IP address now display a notice stating that no services are offered to U.S. or Canadian customers.

The platform's website now informs potential users that no new customers will be permitted to register from the United States or Canada. Furthermore, existing accounts belonging to U.S. or Canadian citizens are slated for closure. This mirrors the message displayed to U.S. investors, with the added inclusion of Canadian customers.

This action comes after six Canadian provinces issued fraud warnings concerning GSPartners. British Columbia, Ontario, Alberta, Quebec, and Saskatchewan have all alerted the public to the risks associated with the investment scheme. Alberta specifically issued warnings for G999, GSTrade, and GSPartners.

Nitsa Nakos, a former Canadian resident believed to be central to GSPartners and GSPro recruitment in Canada, was specifically named in a coordinated U.S.-Canada enforcement action by the British Columbia Securities Commission in November 2023. Nakos has reportedly relocated to Greece following the Canadian fraud warnings. Josip Heit, the founder of GSPartners, who has ties to Germany and Romania, is reportedly in Dubai.

GSPro, under its previous identity, had not made public announcements since January 2024. Corporate webinars did not address the regulatory fraud warnings issued in the U.S. and Canada. Following the blocking of U.S. investors in December, website traffic to GSPro from the United States saw a significant decline.

As of January 2024, the primary sources of traffic to the GSPro website were Canada, accounting for 31%, followed by the United Kingdom at 13%, Kazakhstan at 13%, and Greece at 12%. Prior to December 2023, the United States represented over half of GSPartners' website traffic. Twelve U.S. states have issued GSPartners and GSPro regulatory fraud warnings.

Georgia's Commissioner of Securities recently fined Heit and prominent U.S. promoter Michael Dalcoe $500,000 after an internal investigation. At least two federal investigations into GSPartners and GSPro are reportedly ongoing in the United States. Regulatory bodies in South Africa, Australia, and New Zealand have also taken action against the company. The total losses incurred by GSPartners investors remain undetermined pending further official actions.