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  1. O

    Euro Pacific bank is a scam

    If there's one thing I learned about life is that humans like to control others. One of the most powerful ways is through controlling your money . Right now there are a lot of "actors" affecting our fate. Novo Banco is just the latest.
  2. O

    Euro Pacific bank is a scam

    I think the more you speculate about a particular bank like you are doing the more likely you are to create a liquidity crisis for a bank. All banks have a timing mismatch between deposits which can mostly be withdrawn instantly and their loans that are of a longer duration. If every customer...
  3. O

    Euro Pacific bank is a scam

    If a little old lady deposits €10,000 in a bank then next week come back for her €10,000 the bank can't say, "oh with YOUR PARTICULAR deposit we gambled it on the horses and lost. Sorry you can't have your Money back." So yes, Novo banco may have used our deposits in some way but they still...
  4. O

    Euro Pacific bank is a scam

    I don't think it's clear that it is a liquidity problem at Novo banco. Novo banco has vast deposits of €28bn. EPB is not even 1% of that amount. There will be regular bank payments by Novo Banco on a daily basis to it's customers, payments of transactions etc. vastly in excess of the EPB...
  5. O

    Euro Pacific bank is a scam

    If we are going to consider picketing the Bank as an option I think we do need to see some verification of the court order as @JoeOhNo has called for. Otherwise we are going to look foolish if there is no legal proof of an order to release the funds. The Novo Banco head office is below: Av...
  6. O

    Euro Pacific bank is a scam

    If they don't start giving back the money that is rightfully ours , those of us in Europe could go to the Novo banco head office in Lisbon and start picketing with placards. Another thing, perhaps Peter Schiff could call senior management at Novo Banco directly to sort out the problem. Last...
  7. O

    Euro Pacific bank is a scam

    So we have a Portuguese judge ruling that the funds be released immediately on Tuesday. Is that a fact ? Or do we have a 22 Feb decision by the Portuguese government to lift the freeze on that date but EPB only found out about that ruling on Tuesday 11 April (through a posted letter sent by...
  8. O

    Euro Pacific bank is a scam

    Yes but by making threats they can just keep prolonging our agony. They can read this just like anyone can.
  9. O

    Euro Pacific bank is a scam

    If you want your suffering and that of the rest of us customers to keep going just keep attacking the Receiver and OCIF. They can keep prolonging this . They have power over us right now.
  10. O

    Euro Pacific bank is a scam

    Yes being an EPB customer is like death by a thousand cuts. Not only have we suffered not having access to our funds for over 9 months but also the uncertainty of whether we will ever get them back. Now the torture gets worse with us having to pay daily for the running of the bank as if we are...
  11. O

    Euro Pacific bank is a scam

    I understand your feelings and what you say. I get it. I just don't think it helps our cause in getting our money back right now. I know it's caused me suffering and loss but I for one would just be happy to get my money back and move on with my life. Learn my lesson from the whole episode. I...
  12. O

    Euro Pacific bank is a scam

    I know a lot of us have suffered over the last 8 months and we want to vent our anger and frustration. Yes some of that has been directed at Peter. But I think he deserves a lot of credit for not running away after he did the deal with OCIF. He could easily have washed his hands of the whole...
  13. O

    Euro Pacific bank is a scam

    Regi You speak so well on behalf of customers and their suffering. We now hear that not only have we lived with this massive uncertainty , loss of incomes and businesses, but we are also expected to lose capital because we have to pay for the running costs of the bank for the last few months...
  14. O

    Euro Pacific bank is a scam

    You're wrong many of us have lost a substantial part of our net worth .
  15. O

    Euro Pacific bank is a scam

    Maybe we should keep the fighting for after we get our money back. Personally I will just be happy to get my money back. I want to move on with my life. Not look back. I just hope we can get our money back soon and I wish everyone the best .
  16. O

    Euro Pacific bank is a scam

    Yes all these agents make these decisions but don't care about the implications and the suffering they cause for individuals and families .
  17. O

    Euro Pacific bank is a scam

    Yes try the Receiver. See if he is now prepared to talk to customers. It seems difficult to know what to do in Puerto Rico if the money is stuck in Portugal other than trying to get OCIF or Receiver to put more pressure on Portuguese authorities. But from what you say OCIF have said The...
  18. O

    Euro Pacific bank is a scam

    Hi Thanks for the telephone numbers for OCIF. I did email her a few times but no reply. [email protected] Did you ever get to speak to OCIF or did you hit a brick wall? I suspect they don't want to hear about the suffering they have caused customers. They just want to keep believing in...
  19. O

    Euro Pacific bank is a scam

    Hi I called the Receiver countless times. It's Wigberto Lugo Mender 001 787 707 0404 I was always told he "wasn't in the office". Which I read to mean , "he's not talking to EPB customers". It would be great if you had better luck or the guy had a change of heart in speaking to customers...
  20. O

    Euro Pacific bank is a scam

    Hi Kruger I understand the sentiment. We are all suffering and pulling our hair out as to know what the right thing to do is. At least we have this forum that brings us together. We may all have different ideas as to what the right course of action should be. But by throwing ideas around...

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