GSPartners Rebrands as Swiss Valorem Bank After Fraud Warnings

Gspartners Has Undergone a Rebranding, Now Operating Under the Name Swiss Valorem Bank

This change was initiated following multiple security fraud alerts related to GSPartners from financial watchdogs.

Swiss Valorem Bank was established through the collaboration of two shell companies, Swiss Valorem Bank LTD and IBBP Pay Services LTD, which were recently incorporated in Kazakhstan.

In addition, CoinX24 AG is recorded on the Swiss Valorem Bank’s listing as a shell corporation established in Switzerland.

Swiss Valorem Bank’s website does not make any reference to GSPartners or its proprietor, Josip Heit. However, the rebranded entity continues to function using the same “gspartners.global” domain.

Who is Josip Heit?

Josip Heit is the owner and operator of GSPartners.global. He is an experienced operator of Ponzi schemes and has spent a significant portion of his life navigating between different countries, deceiving authorities in the process.

He has resided in Germany, Canada, and the Republic of Croatia at various times. The motive behind his constant relocations is to obscure his dubious business dealings and create complexities.

In our review of GSPartners.global, we’d like to caution you that it appears to be a Ponzi scheme and a potential fraudulent operation. If you have suffered financial loss due to involvement with this platform, there are avenues you can explore to attempt a recovery of your funds.

Mr. Heit has earned a reputation for being a master deceiver. His Ponzi schemes predominantly target individuals from the United States, although citizens of countries like the UK have also been affected.

This fraudster has meticulously orchestrated his schemes to hoodwink both the SEC and the FCA. These regulatory bodies seem essentially powerless, unable to impose penalties or fines on this illicit operation.

Interestingly, Mr. Heit has also elected to distribute his fraudulent shares to residents of the UK.

From our perspective, such activities qualify as securities fraud.

What are GSPartners or Swiss Valorem Bank?

GS Partners operates as a multi-level marketing (MLM) company that offers commissions in digital currencies and provides learning opportunities about the cryptocurrency sector.

The optimal way to earn with GS Partners entails building a team of subordinate members, utilizing the MLM compensation model.

Furthermore, they offer a supplementary earning avenue through their proprietary digital coin, a subject that will be elaborated on later in the review.

In order to ascertain the viability of a profit-making venture, I prefer to undertake initial research into the founder of the company and the team leading its operations.

Neither GSPartners nor Swiss Valorem Bank are officially registered to offer securities in the regions where they actively seek investment.
Other branding on Swiss Valorem Bank’s website includes GSB Gold Standard Group, GSBDSwiss, Swiss Value, Lydian World, G999 and SwissBenesse.

This encompasses the United States, which accounts for the majority of traffic on the GSPartners’ website.

The website traffic data for GSPartners aligns with the fact that the majority of investors in GSPartners and Swiss Valorem Bank are residents of the United States.

Warnings That Led to the Rebranding

In June 2022, the Central Bank of Comoros raised an alarm regarding banking fraud connected with GSB Gold Standard Bank LTD.

Canadian authorities have since initiated measures against GSPartners.

On March 9th, Quebec’s Autorite des Marches Financiers sounded a securities fraud warning for GSPartners.

The warning enumerated 52 domains linked to GSPartners and GSB Gold Standard Bank LTD, which includes the company’s website and GSTrade.

Subsequently, on March 15th, the Alberta Securities Commission added GSTrade and G999 to its investment caution list, suggesting that these companies “appear to be engaging” in securities fraud “or may be scams.”

GSPartners: Video

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Below you will find a short video about GSPartners. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about GSPartners!