The Texas State Securities Board has confirmed GSB Gold Standard Corporation is still banned across the state.

On March 13th TSSB Enforcement Director Joe Rotunda
posted the following to Twitter
;

TSSB
filed an emergency cease and desist against GSB Gold Standard Corporation and GSPartners
last November.

Both companies are owned by Josip Heit (right), also a named Respondent in TSSB’s order.

Through GSB Gold Standard Corporation and GSPartners, TSSB accused Heit of running

various fraudulent investment schemes that are threatening immediate and irreparable harm.

Despite being given the opportunity to challenge TSSB’s order, six months later and Heit has failed to do so.

Of the thirteen US states to issue GSB Gold Standard Corporation and Heit with regulatory fraud warnings and fines, Heit is only known to have responded to Arizona.

A hearing in the Arizona Corporation Commission’s case has been scheduled for September 16th, 2024.

In a
February filing
, Heit acknowledged that as a result of regulatory warnings his “entire business has been effectively shuttered”.

After
blocking US investors
in December, GSPartners went on to completely
disable its website
on March 13th.

GSB Gold Standard Corporation still runs
GSPro
, a failed GSPartners reboot.
Billionico
has also emerged as a suspected backdoor for US investors to access their GSPartners accounts.

🤖 Quick Answer

What is the current legal status of GSB Gold Standard Corporation in Texas?
The Texas State Securities Board has confirmed that GSB Gold Standard Corporation remains banned across the state following an emergency cease and desist order filed in November. The company, owned by Josip Heit, faces accusations of operating fraudulent investment schemes. Despite six months to challenge the order, Heit has not filed a response.

Who is Josip Heit and what allegations does he face?
Josip Heit is the owner of GSB Gold Standard Corporation and GSPartners, both subject to TSSB enforcement actions. He is named as a respondent in the regulatory order and stands accused of operating various fraudulent investment schemes that allegedly pose immediate and irreparable harm to investors and the market.

How many US states have issued warnings against GSB Gold Standard Corporation?
At least thirteen US states have issued regulatory fraud warnings and

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