TDCI Division of Securities Announces Tennessee’s Participation in Multistate Settlement with GSB Gold Standard, GS Partners
NASHVILLE – The Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division, along with other state securities regulators, announce that a multi-million dollar agreement has been reached with GSB Gold Standard Corporation AG, a company based in Germany that 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.”