The website vanished into the dark of the web along with the victim’s money. We have warned against the GS4Trade scam several times. In July 2021, the German BaFin announced that it would investigate the GS4Trade (www.gs4trade.com and www.gs-4trade.com) broker scam. In September 2021, the UK FCA issued an investor warning. GS4trade Invest Limited, registered in the Marshall Islands, allegedly operates the broker, attacking consumers in English and German. As facilitating payment processors, we uncovered BridgerPay, Jubiter, and CoinDeck.
Key data
| Brand | GS4Trade, GS 4Trade |
| Domain | www.gs4trade.com, www.gs-4trade.com |
| Legal Entity | GS4Trade Invest Limited |
| Jurisdiction | Marshall Islands |
| Platform | SIRIX by Leverate |
| Payment Processors | BridgerPay, Global DLT Exchange d/b/a Jubiter and CoinDeck |
Scam Case
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 enormous financial losses and massive activities via WhatsApp. For example, an alleged financial advisor with the stage name Robin Glassberg is said to have ripped off people for hundreds of thousands of euros under the UK mobile +44 7898 003104. Customers are also allegedly complaining to 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.
Systematic scam-facilitators
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 its facilitators, we would be grateful if you share it with us.
