Reported as a scam / unregulated
Why GSBIZ is on the register
GSBIZ claims to be regulated by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), displaying two license images. However, our verification suggests this may be a case of identity theft. The contact information and associated website addresses in the registers of these authorities differ from those of GSBIZ. There is no solid evidence supporting that GSBIZ is operated by the licensees. GSBIZ is suspected of misusing information from genuine firms to appear legitimate. Additionally, compared to regulated brokers, GSBIZ’s website is poorly put together. This is also a warning sign. In essence, GSBIZ is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. GSBIZ appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.