Regulators Announce Settlement with Josip Heit GSPartners

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WASHINGTON, D.C. – (September 8, 2024) – The North American Securities Administrators Association (NASAA) announced today.

WASHINGTON, D.C. – (September 8, 2024) – The North American Securities Administrators Association (NASAA) announced today that a working group of state securities regulators has reached a muti-million-dollar settlement with GSB Gold Standard Corporation AG, a company based in Germany that purportedly operates in the fintech and banking industries, and GSB Gold Standard Bank LTD, more commonly known as “GS Partners.” The settlement also names Josip Heit, the principal and Chairman of the Board of GS Partners, and other affiliated organizations that are often collectively known as the “GSB Group.

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