Yes, all of those questions were asked as a result of the bank's extra strict KYC and AML. That is why its so outrageous that the J5 and the media worked together to shut the bank down for money laundering and tax evasion, when there was likely less of that going on at my︀ bank than at any other offshore bank in the world. We needed to be extra︁ strict to continue offering the services we offered, and the additional services we were planning︂ to offer in the future. Do you think I liked spending millions per year on︃ compliance? It would have been much easier and cheaper for me to just send out︄ money no-questions asked. If customers didn't think having an account at Euro Pacific Bank was︅ worth the extra hassle they could have close their accounts. In fact, many did for︆ that reason. Why do you think not a single one of the bank's 500 UK︇ customers that Simon York claimed used the bank to commit tax evasion or money laundering︈ was ever charged, let alone convicted of either crime? That's because criminals used other banks,︉ that did not have such strict KYC and AML, to commit their crimes.
Euro Pacific bank is a scam
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It would be great if Qenta can post a very quick update on europacbank.com It does not have to be much, a one line saying they will contact customers 'soon'. This should only take 5 minutes.
I would say that FDIC would have helped a lot of people.
Cutting corners clearly has not worked.
Anyway would be nice if you focused on Qenta for those that opted-in clients rather than constantly banging the same old drum that︀ J5 was out to get you and everybody is corrupt and in the wrong and︁ your totally innocent. Your someone that worked with Qenta to get the deal done for︂ sale of assets. Seems very strange the lack of communication. Maybe you forgot some comunication︃ between them and yourself like you forgot you were the Chairman of the bank.
Cutting corners clearly has not worked.
Anyway would be nice if you focused on Qenta for those that opted-in clients rather than constantly banging the same old drum that︀ J5 was out to get you and everybody is corrupt and in the wrong and︁ your totally innocent. Your someone that worked with Qenta to get the deal done for︂ sale of assets. Seems very strange the lack of communication. Maybe you forgot some comunication︃ between them and yourself like you forgot you were the Chairman of the bank.
I've asked many times. Not just for customers, but for myself. The last email he sent me was that Qenta would be updating Opt In customers soon. He did not define soon, but if he was being honest, I expect an update this week. Next week at the latest. But I keep defending myself and the bank as we both keep getting attacked. Instead anger should be directed toward the corrupt government officials︀ and "journalists" who did this to me and customers.
Get government insurance against the government. I guess any pretence that the government is literally not the mafia has been abandoned.
can you also be constructive? FDIC would have given all depositors their money up tp 100k USD back in 7-10 banking days!
PS is just cheap because he didn't want to pay for FDIC insurance. Anyway I am 100% sure EPB would have never qualified for membership anyway.
PS is just cheap because he didn't want to pay for FDIC insurance. Anyway I am 100% sure EPB would have never qualified for membership anyway.
Do you still not see the irony? Depositors would have been protected by FDIC. Your 100% reserve bank is now causing people to lose a percentage of funds and potentially 100% of funds for opt-ins.
Some sense of personal responbility would be nice, but I guess you don't believe in the concept of personal responsibility for yourself.
Some sense of personal responbility would be nice, but I guess you don't believe in the concept of personal responsibility for yourself.
Just one question. When you enter the amount in USD and you had GBP or EUR are you using the current exchange rate ?
the refund is always in home currency. So here in USD at the exchange rate at the time of refund.
I doubt that. The receiver exchanged euros for dollars a long time ago, when the dollar was much stronger. I strongly advised him not to do that. But the bank that he choose to move the deposits to, also against my advice, could not hold any currency other than the U.S. dollar. So unfortunately any funds distributed will be in U.S. dollars based on the exchange rate that he got at the time of the exchnage. So I would guess at least a 10% -15% loss to customers on the exchange rate, assuming funds are returned before the dollar goes any lower. I am very︀ bearish on the dollar.
Anyways I will still use the current exchange rate. I’m in touch with my lawyer and he told me to do the same. Which is more than fair, as my final statement was not in dollar and I don’t know the rate he got for the money.
Just tried loading europacbank.com and it no longer exists. The website was either taken down by Qenta, or was shutdown because they stopped paying for web hosting. Another large red flag to add to the already large pile...it's likely the Opt-in customers are not going to get back any of the money for assets transferred to Qenta, so I have lost 100% of my account 🙁
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