Actually it's worse. In addition to the $25 million Qenta is trying to take from the bank by keeping the appreciated value of the gold and silver, Qenta also wants to keep the gains on the mutual funds, another $5 million, plus charge the bank a termination fee of another $5 million. This is completely outrageous.
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Euro Pacific bank is a scam
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The $27 million was actually sent to the bank. i did not realize this.. So that is OK. The biggest problem is the $30 million or so in gains on metals and mutual funds that Qenta wants to keep for itself, and the extra $5 million it wants to charge the bank to terminate the purchase.
So actually we are talking about 5 million they want to keep, as costs compensation.
The gold gain is gone, thanks PS for finding these Ali Babi gang.
The gold gain is gone, thanks PS for finding these Ali Babi gang.
The gold gain is not gone. The gold is sitting in a brinks vault in Switzerland, exactly where Qenta transferred it. he Silver is still with Silver Bullion in Singapore. Brent just want to steal that gain for himself. He terminated the purchase. He now claims that allows him to sell the gold and silver now, send the bank back what the gold and silver were worth when it was transferred to Qenta in Sept. of 2022, and keep al the gain for himself.
All EPB customers have been screwed over, either by way of Quenta now wanting to keep the OPT-IN customers metals and mutal funds gains, or by way of OPT-OUT where we had to liquidate our metals holdings on the promise the funds would be returned in 3 months. We could have purchased our metals back and had minimal to zero losses if the plan was actioned as we were promised. Now 3 years later, inflation kicking off, loss purchasing power on USD, we have all lost out.
I personally believe a class action lawsuite to recover losses + compensation against OCIF and TRUSTEE may be︀ the only option now. How much longer must we wait on empty promises from such︁ an incomeptent TRUSTEE and corrupt OCIF? With TRUMP in power, who is anti-globalist, anti IRS︂ ect, this may be our best shot during this period to get something back, in︃ IMHO
I personally believe a class action lawsuite to recover losses + compensation against OCIF and TRUSTEE may be︀ the only option now. How much longer must we wait on empty promises from such︁ an incomeptent TRUSTEE and corrupt OCIF? With TRUMP in power, who is anti-globalist, anti IRS︂ ect, this may be our best shot during this period to get something back, in︃ IMHO
The gold gain is not gone. The gold is sitting in a brinks vault in Switzerland, exactly where Qenta transferred it. he Silver is still with Silver Bullion in Singapore. Brent just want to steal that gain for himself. He terminated the purchase. He now claims that allows him to sell the gold and silver now, send the bank back what the gold and silver were worth when it was transferred to Qenta in Sept. of 2022, and keep al the gain for himself.
If Qenta refuses to return the assets it receives, and the receiver correctly︁ rejects their offer to return gets 38K of the 80K they received, then the Purchase︂ and Sale agreement requires arbitration in N.Y. City.
If Qenta refuses to return the assets it receives, and the receiver correctly︁ rejects their offer to return gets 38K of the 80K they received, then the Purchase︂ and Sale agreement requires arbitration in N.Y. City.
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