Euro Pacific bank is a scam

[JoeOhNo]

Take a wild guess xD

 

[spartan7510]

Exactly, RECIEVER sees $$$ signs,‌ another reason to delay and rake in more money for himself...

 

[Pschiff]

A delay now is much better than allowing Qenta‍ to walk away with tens of millions in depositors money. But I agree fighting to⁠ prevent this theft will end up putting more money in the Receiver's pocket. But far⁤ less than what Brent wants to put in his pocket. I'm sure the arbitrators will⁣ order Qenta to indemnify the bank these added costs.

 

[Andrew Cobb]

Wow, I cannot believe︁ Qenta thinks they can get away with this! You mentioned arbitration in NY in a︂ later post. If this does go to arbitration, do you know how long it will︃ take to get a hearing? Months or years 🙁

 

[JoeOhNo]

Yeah I agree its the only option.⁣

 

[JoeOhNo]

I just hope Qenta wont go belly up meanwhile. That would be a disaster.

 

[Pschiff]

Well the assets are still there. We need to look into‍ a way of freezing them where they are.

 

[Radko]

Brent De Jong has realized that he⁣ can steal $35 million from customers and he hasn't hesitated to terminate the agreement so⁢ he can profit big time.

I thought you said that you liked Brent De Jong,︀ what a con artist!

 

[Andrew Cobb]

That need to happen ASAP! Qenta‍ needs to be locked out of all Out-in assets immediately.

 

[JoeOhNo]

Lets be honest, its business, he is trying to pull as much as he⁠ can. Not absolving him, but thats life, always has been that way. Its a brutal⁤ world.

 

[Radko]

Yeap, money talks!

 

[Pschiff]

This is not business, it's theft.

 

[JoeOhNo]

Untill proven guilty ...‌ And so on. Again Im not cheering for Qenta in any way. Im just saying‍ so far its their statement that might be also a negotiation strategy in which they⁠ agree to transfer the deposits in full in exchange for termination fee. Who knows. The⁤ idea of keeping the gains seems undefendable in court so I would bet its the⁣ negotiations phase.

Any way, they play their own game we have to play ours. As⁢ You stated our game would be now to freeze the assets.

 

[Pschiff]

They also have no right to a five million termination︀ fee. The agreement defines what they get if the deal is terminated. It's just the︁ return of the $500K they paid. Nothing more.

 

[JoeOhNo]

Thats what negotiations are all about 😛 They are entitled to 500k but tthere is no law that forbids You to try to⁠ settle with someone else for something more then You are entitled to 😛

 

[Radko]

Then the Reciever should be the one⁠ to terminate the agreement, return the $500K to Qenta, and get possession of the Precious⁤ Metals and the Mutual Funds.

At this point Brent De Jong can't be trusted, he⁣ is an opportunistic Con Artist.

 

[JoeOhNo]

Oh yes he is sneaky little ******** indeed. Anyway as mentioned we have‍ to counter them and thats it.

 

[Pschiff]

How can you defend this when⁠ ever penny they are trying to extract comes from the bank's customers? These are customers⁤ they assured me they would protect. Qenta is supposed to look out for them customers,⁣ not look for opportunities to screw them over to enrich itself.

 

[Andrew Cobb]

Hello Peter, How do you know that the Opt-in Mutual Fund accounts in Qenta's control‌ have not been liquidated?

 

[JoeOhNo]

Im not defeding, thats the point. I UNDERSTAND⁤ what they are doing. Unless You UNDERSTAND what someone is doing nor what his goal⁣ is You cant effectivly counter it.