FYI, both the receive and Qenta have independently threatened to sue me for statements I've made on this forum. Both have claimed my posts are false and defamatory. I have asked for specific examples. So far none have been provided. If it turns out that any of my past posts contain false or inaccurate statements or information, I will of course correct them.
Euro Pacific bank is a scam
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@Pschiff I did warn you early on about certain statements aimed at receiver a while back. They all watch this forum including including certain large organizations as it ranks very high on google on certain topics.
UPDATE
Hummm....I can't seem to find it or maybe I am imaging it all but I do remember warning people not to attack the receiver as it was not helpful. If anyone finds it please post link. Otherwise I could just be simply wrong conf/(%.
P.S I can't look through the 180+ pages right now.
UPDATE
Hummm....I can't seem to find it or maybe I am imaging it all but I do remember warning people not to attack the receiver as it was not helpful. If anyone finds it please post link. Otherwise I could just be simply wrong conf/(%.
P.S I can't look through the 180+ pages right now.
You must be doing something right if they are afraid of people speaking and sharing information.
It means that OPT-IN clients, as predicted, are fucked.
Wigberto is politely & legally saying: “you are on your own”. And of course OCIF, now with new management, knows Wigberto is a highly respected PR attorney, and will back him up.
Wigberto, a smart guy, knows that the purchase agreement transfers custodian AND liability obligation to Qenta at initial closing (30th of Sep 2022). Read paragraph 2.2.
And OPT-IN chose this destiny by opting in (or more precisely by NOT opting out), and the guys at Qenta has known what they were planning︀ to do for a long time. Make no mistake.
When USD millions are involved, stuff︁ like this happens. This will not have a happy ending.
Wigberto is politely & legally saying: “you are on your own”. And of course OCIF, now with new management, knows Wigberto is a highly respected PR attorney, and will back him up.
Wigberto, a smart guy, knows that the purchase agreement transfers custodian AND liability obligation to Qenta at initial closing (30th of Sep 2022). Read paragraph 2.2.
And OPT-IN chose this destiny by opting in (or more precisely by NOT opting out), and the guys at Qenta has known what they were planning︀ to do for a long time. Make no mistake.
When USD millions are involved, stuff︁ like this happens. This will not have a happy ending.
Yes, but the initial closing does not occur without regulatory approval, which︁ Qenta has claimed for years it never received. See an except from an email Qenta︂ sent to an Opt-In customer almost two years after receiving the gold from the bank.︃ This is an admission by Qenta that the initial closing never occurred and Qenta always︄ considered the gold to be in the bank's account, despite having custody of it. The︅ final Closing never occurred either, as Qenta terminated prior to that event. So I am︆ still of the opinion that the Receiver should attempt to retrieve the assets from Qenta,︇ so they can all be retuned to Opt-In customers.
On Mon, 9 Sept 2024 at︈ 15:55,
Please know that the balance of your account continues to be:
Gold = 98.617︉ oz
Rest assured that all EPB assets continue to be held safely in EPB's accounts.︊ This is currently managed by the receiver until the liquidation and migration processes are allowed︋ to commence.
At this time, I would like to apologize as a migration date has︌ yet to be announced as the receiver's office continues to finalize the bank's liquidation plan︍ with OCIF. Please know that Qenta continues to engage the receiver's office for any information︎ especially a firm migration date for Opt-In clients. I hope the information above has been️ helpful. Please feel free to message us here for any questions you may have, we appreciate your continued patience.
Best Regards,
Andrew
Client Services
On Mon, 9 Sept 2024 at︈ 15:55,
Please know that the balance of your account continues to be:
Gold = 98.617︉ oz
Rest assured that all EPB assets continue to be held safely in EPB's accounts.︊ This is currently managed by the receiver until the liquidation and migration processes are allowed︋ to commence.
At this time, I would like to apologize as a migration date has︌ yet to be announced as the receiver's office continues to finalize the bank's liquidation plan︍ with OCIF. Please know that Qenta continues to engage the receiver's office for any information︎ especially a firm migration date for Opt-In clients. I hope the information above has been️ helpful. Please feel free to message us here for any questions you may have, we appreciate your continued patience.
Best Regards,
Andrew
Client Services
Hi Peter, can you︊ help Opt-in customers with this Qenta situation? It seems that the Receiver is washing his︋ hands and leaving Opt-in customers on their own.
Does this mean that we, Opt-in customers,︌ have to fight Qenta on our own? Thanks
Does this mean that we, Opt-in customers,︌ have to fight Qenta on our own? Thanks
Hello Peter,
I agree with your analysis regarding the termination of the purchase agreement...customer assets should be returned to EPB. I'm a little surprised Wigberto has decided abandon Opt-in customer, and leave us to fend for ourselves with Qenta. He could probably very easily draw out the lucrative Receivership of your bank for another 6-12 months if he did his job and demanded the return of all customer assets from Qenta.
I think we need to appeal Wigberto's decision regarding the termination of the purchase agreement with OCFI. OCFI appointed Wigberto, so they should be able to exert some influince over him if they agree︀ with your analysis. Failing that, Opt-in customers can try working with Qenta, however I suspect︁ they will only return the NAV as at 30th September 2022 and pocket the profits.︂
If Opt-in customers band together and sue, who should we go after? Qenta directly, Wigberto︃ to force him to do his job as Receiver, or OCFI for not holding Wigberto︄ to his responsibility as Receiver to protect customers.
Do you have any better ideas?
I agree with your analysis regarding the termination of the purchase agreement...customer assets should be returned to EPB. I'm a little surprised Wigberto has decided abandon Opt-in customer, and leave us to fend for ourselves with Qenta. He could probably very easily draw out the lucrative Receivership of your bank for another 6-12 months if he did his job and demanded the return of all customer assets from Qenta.
I think we need to appeal Wigberto's decision regarding the termination of the purchase agreement with OCFI. OCFI appointed Wigberto, so they should be able to exert some influince over him if they agree︀ with your analysis. Failing that, Opt-in customers can try working with Qenta, however I suspect︁ they will only return the NAV as at 30th September 2022 and pocket the profits.︂
If Opt-in customers band together and sue, who should we go after? Qenta directly, Wigberto︃ to force him to do his job as Receiver, or OCFI for not holding Wigberto︄ to his responsibility as Receiver to protect customers.
Do you have any better ideas?
Opt-in customers are not︊ even Qenta customers at this poin, so how can we fight Qenta?
Can we ask︋ OCIF to help us? Besides Qenta wanting to profit from our assets, they also want︌ to charge 11.7 million, this would be devastating for Opt-in customers.
Very disappointing that the︍ Receiver is washing his hands!
Can we ask︋ OCIF to help us? Besides Qenta wanting to profit from our assets, they also want︌ to charge 11.7 million, this would be devastating for Opt-in customers.
Very disappointing that the︍ Receiver is washing his hands!
The good news is that about $10 million in silver︅ is still in the bank's account at Silver Gold Bullion. Qenta was transferred control over︆ that account, but not ownership of the silver. None of the silver was ever allocated︇ to Opt-In customers.
Hi Peter. As I︊ previously suggested. Since Qenta is supposedly in possession of the gold certificate to the combined︋ amount of ounces held by the Opt In customers. Why can't a deal be struck︌ with de Jong to give that amount of ounces to a reputable precious metal dealer︍ with the same business idea you had and take over the Opt in customers?
Hello Peter, 100% of my holdings are in the Mutual Fund. Any advice on how to proceed with Qenta in getting this liquidated @ current market value and getting this returned? How will I know they are not ripping me off when I ask for a statement of my account? Statements were being sent to customers from︀ First Anguilla Trust Company Limited who last sent a statement on 23rd May 2024. Does︁ First Anguilla Trust Company Limited have anything to do with the Mutual Funds? It would︂ be strange if they did not as they sent statements long after control was transferred︃ to Qenta. Any insignt from you would be greatly appreciated.
I've already got a company I trust ready and able to do that. Qenta has express no interest in transferring the gold back to the bank to make that happen. That's the problem. If the bank gets︀ the gold back there is no reason that all Opt.in customers cant get their gold︁ back with 60 days. I think they can get the silver back even quicker.
From what︁ I can tell the mutual funds where never allocated to customers. They are all still︂ in the bank's IB account that is owned by one of the subsidiaries that was︃ transferred to Qenta. We have the list of all customers who are the beneficial owners︄ of those shares. So just need to get control of that account bank to the︅ bank and the receiver.
Qenta won't talk to me, only the Receiver. For now the Receiver wants the Opt. in customers to deal with Qenta on their own. I am trying to convince the receiver to change his mind, but that is also hard as he wont' speak to me. So I am working on other legal action on my own to force Qetna to return control of the bank's assets to the bank. But at least the silver is safe.
Thanks Peter for trying to help, I really appreciate it.
How are customers supposed to deal with Qenta when we are not officially︀ Qenta customers, this is something that OCIF needs to solve with Qenta.
Obviously Qenta is︁ not going to let go of those assets so easily.
How are customers supposed to deal with Qenta when we are not officially︀ Qenta customers, this is something that OCIF needs to solve with Qenta.
Obviously Qenta is︁ not going to let go of those assets so easily.
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