TEXAS SECURITIES BOARD SECURES FULL REFUNDS FOR TEXAS GS PARTNERS CLIENTS TEXAS AND OTHER STATES SETTLE ACTIONS AGAINST JOSIP HEIT, GS PARTNERS AND AFFILIATES

Securities Commissioner Travis J. Iles announced the Texas State Securities Board is settling claims with GSB Gold Standard Corporation AG, a German company purportedly operating in the fintech and banking industries, and GSB Gold Standard Bank LTD dba GS Partners. The settlement also names Josip Heit, the alleged owner and Chairman of the Board, and other affiliated organizations that are often collectively known as GSB Group. The settlement ensures Texans will receive a return of all fiat and cryptocurrency deposited with GSB Group and GS Partners, regardless of the product or service they purchased from the respondents.

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