A few days before X-Mas, we warned again about the GS4Trade broker scam facilitated by payment processors BridgerPay and Global DLT Exchange d/b/a Jubiter and CoinDeck. The website has since disappeared with the money of numerous victims. In principle but the boiler rooms are still active. The GS4Trade scam has left a wide trail of blood in Europe. Authorities are searching for those behind it. A boiler room agent with the stage name Robin Leo Nicholas is still contacting victims asking them for money for the next scam. Please do not fall for these boiler room perpetrators.
The former GS4Trade account manager (a/k/a boiler room agent) Robin Glassberg claims to GS4Trade victims that he, too, would be a scam victim rather than the perpetrator. He falsely purports to be an investment advisor licensed by the Financial Services Commission in the British Virgin Islands, sends a fake certificate (see pictured right) to prove his false allegations, and asks for more money from the GS4Trade victims. Do not fall for this. Please report any information you have about the GS4Trade scam and Robin Glassberg (this is just a fake name or stage name).
|Brand||GS4Trade, GS 4Trade|
|Legal Entity||GS4Trade Invest Limited|
|Related individuals||Robin Leo Nicholas Glassberg (fake name)|
|Platform||SIRIX by Leverate|
|Payment Processors||BridgerPay, Global DLT Exchange d/b/a Jubiter, and CoinDeck|
|Regulatory warnings||BaFin, FCA|
GS4Trade has changed its domains several times. The most recent one was www.gs4trade.com. However, this domain is offline, and today the scam uses www.gs-4trade.com.
Whistleblowers and victims tell us about their enormous financial losses and the scam’s massive activities on WhatsApp. Robin Glassberg has allegedly ripped off people for hundreds of thousands of euros under the UK mobile +44 7898 003104. Customers are also complaining to the white-label operator Leverate.
It is a remarkable fact in terms of criminal law that despite several public warnings from various financial market regulators, Israeli-Cypriot BridgerPay and Slovak-Estonian Global DLT Exchange S.R.O. d/b/ as Jubiter and CoindDeck continue to support the scam. This requires willfulness and intent. This is called aiding and abetting the scam.
On Trustpilot, GS4Trade has a 2.0-star (scam) rating with a corresponding “Poor” trust level.
We have recently discovered the Global DLT Exchange and its brands as facilitators in a wide variety of scams such as Swiss Capital Bank, ProfitMarket, Blumanstock, Tradixa, or in connection with BridgerPay at GoldBachInvest (report here).
If you have any information about the GS4Trade scam, its operators, and payment facilitators, we would be grateful if you share it with us. We would be particularly interested in copies of the payment documents to follow the money trail. In addition, we are interested in the real names of the boiler room agents and their whereabouts.