One of the pieces in GSPartners’ new Meta Certificates Ponzi puzzle is GS Chain.

Evidently for some time now, GSPartners has been awarding LSC shares based how much affiliates invested. They’re now being doshed out as a recruitment incentive.

GS Chain is a UK incorporation, which in and of itself is nothing remarkable.
Companies House signs off on fraud all the time
.

GS Chain is also however listed on the London Stock Exchange.

By no means itself a sign of legitimacy, how Josip Heit fooled the LSE into listing his shell company is nonetheless worth documenting.

According to Canadian GSPartners promoter Nitsa Nakos, GSPartners affiliates were previously awarded LSC shares based on how much they invested.

That recently changed to affiliates being awarded GSC shares based on investor recruitment.

To fly under the regulatory radar, GS Chain was
initially incorporated
as International Tech & Fintech PLC. Josip Heit fronted £1,049,900 to get the ball rolling. On paper though this was paid by his hired shareholders.

International Tech & Fintech PLC was incorporated through a UK virtual office address.

Leon Filipovic (right), through the same virtual address, was listed as the company’s sole Director.

Filipovic isn’t some random Heit plucked out of thin air.

From 2016 to 2018 he was the head of compliance and CFO for IFLS Corporate Services Ltd and from 2018 and 2019 Mr. Filipovic was responsible for education in blockchain technology and development of trading software for the Pameroy Group. More recently, from 2019 to 2021 he was head of software development for BL Enceladus Ltd.

IFLS Corporate Services and Pameroy Group specialize in assisting acquisition of financial licenses in jurisdictions where regulation is lax to non-existent.

IFLS Corporate Services Ltd is the world’s market leader for the acquisition of financial licenses. Asset Management, Forex, Brokerage, Payment Services, Crypto ICO launches or Hedge Funds are typical activities IFLS’ clientele is conducting.

More than 700 successfully established financial entities during the last 15 years  in the Seychelles, Vanuatu, Georgia, Czech Republic, Belize, Panama or New Zealand should reflect our professionalism unlike no other provider on the market.

PAMEROY MANAGEMENT LTD is the world’s leading acquirer for financial licenses and operates in the
Comoros
, Vanuatu, the Marshall Islands, The Republic of Georgia, the Cook Islands, Seychelles, Belize, St. Vincent and the Grenadines, Bahamas, Singapore, Hong Kong, Malaysia and Gibraltar.

There appears to be a link between the two companies, with the text “IFLS Corporate Services Ltd: Register  99123” appearing on Pameroy Group’s website.

Pameroy claims its “focus is on the European Market, especially the German speaking countries”. Although he’s from Croatia, Josip Heit lived in Germany for decades before relocating to Dubai last year.

Pameroy setting up shell companies in the Comoros of is particular interest. In mid 2021

🤖 Quick Answer

What is GS Chain and its connection to GSPartners?
GS Chain is a UK-incorporated company listed on the London Stock Exchange, allegedly used by GSPartners as part of investment schemes involving Meta Certificates. Affiliates received GS Chain shares based on investment amounts, later converted into recruitment incentives within the GSPartners structure.

How did GS Chain obtain London Stock Exchange listing?
GS Chain secured LSE listing through procedures that facilitated its registration despite lacking apparent legitimate business operations, raising questions about regulatory oversight in the listing approval process.

What role do GS Chain shares play in GSPartners' compensation model?
GS Chain shares function as investment incentives within GSPartners' affiliate system, distributed to participants based on capital contributions and subsequently utilized as recruitment rewards within the organizational structure.

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