Ticker tape by TradingView
Euro Pacific bank is a scam
- Thread starter sonato
- Start date
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
- Status
- Not open for further replies.
Unfortunately, the world is spinning arround, except for the receiver and OCIF. I use paid Skype features. The company number has been canceled, but there are still some credits. They say that if I have Skype credit or an active subscription, I can make calls using the new Skype keyboard, and also receive incoming calls.
In any case, I count on e-mail communication. I will keep it alive until the money is returned. It is the only stable door, to be honest.
I was in touch with Quenta c.a. 1,5 ~ 2︂ years ago.
In any case, I count on e-mail communication. I will keep it alive until the money is returned. It is the only stable door, to be honest.
I was in touch with Quenta c.a. 1,5 ~ 2︂ years ago.
Trustee has quarterly updates with opt-out clients. Qenta has zero Communication with opt-in clients.
Sorry I meant to say 90 days. That's how it should work if we get a written consent from OCIF.
I've sent emails to Lugo and asked if OCIF︁ gave their written consent yet, but since I am OPT IN they will most likely︂ not answer.
I've sent emails to Lugo and asked if OCIF︁ gave their written consent yet, but since I am OPT IN they will most likely︂ not answer.
I seriously doubt the paid out would work efficient. At the end he sends paper cheques by regular mail just to rack up more $$$ hours
The PS fanclub is a very exclusive establishement and we don't just accept anyone. A formal request must be made and we will reply in 5 business days; unless we consider the applicant too lame to join, in which case we will not reply. Receipts from SchiffGold is a plus and applicants must answer one hundred questions about individual episodes of The Peter Schiff Show Podcast. After initiation the person must declare their house or flat a sovereign nation and start minting gold coins.
So Opt outs can now start to file documents for the return of the funds. Nothing about opt in. very strange?
Very strange that the trustee do not mention anything about opt-ins clients.
But i’m sure there will some update on that matter too soon.
Last I heard from Qenta they said they were just waiting for OCIF to give a green light on the liquidation plan to move forward, then opt-ins should be able to access their funds because all the preliminary work had already been made and ready for migration.
But i’m sure there will some update on that matter too soon.
Last I heard from Qenta they said they were just waiting for OCIF to give a green light on the liquidation plan to move forward, then opt-ins should be able to access their funds because all the preliminary work had already been made and ready for migration.
This is not true. EPB timely renewed its banking license in Jan. 2022.︀ On June 30th 2022, the bank was informed for the first time that the renewal︁ application was secretly rejected. That's where the $300,000 fine came from. For unknowingly operating a︂ bank with out a license. The fine was $5K per day. It was reduced from︃ about $1 million to $300K. The reason given for the secret rejection was insufficient capital.︄ But two months prior I offered to add $7 million in capital, but the OCIF︅ Commissioner told me not to, as she said the bank had enough capital to operate︆ while the proposed sale was under review. This is all part of my current lawsuit︇ agains OCIF.
None of that is true. The bank only had one OCFI audit during all the years it operated in Puerto Rico, and that audit ended︀ less than a year from the Commissioner's false statement that the bank had a long︁ history of non-compliance. We complied with everything OCIF asked us to do. That lie was︂ told to benefit the J5, who was framing the bank for money laundering and tax︃ evasion to turn its failed investigation into a success. I have all the old independent︄ audits, and the bank was never at risk as I was personally cover all the︅ operating losses that resulted from the negative publicity concerning the J5 investigation that found the︆ bank did nothing wrong.
Not true. St. Vincent's was far less strict than Puerto Rico. We moved the bank to Puerto Rico only because that is where I lived. I still live here. Plus were we able to get a Fed account and a deal with American Express, two things we never could have done had we stayed in St. Vincent.
Another lie. The bank never loaned out a dime. There was an︁ error in the systems that was fixed, that allowed about $4 million of customer funds︂ to be spend on operations. But that was a tiny portion of total deposits. So︃ the bank was far sounder than a typical bank than loans out deposits. Within days︄ of being informed of this shortfall, i personally wrote a check for $4 million to︅ the bank. Then I added another two million or so to cover continuing operating losses︆ that resulted from false allegations of money laundering and tax evasion. When the bank was︇ unnecessarily put into receivership on June 30th 2022, the bank had around three million in︈ cash in excess of what was owed to all depositors. It was completely solvent.
That $4 million is irrelevent. Within a few days of︆ discovery that I personally wrote a check for $4 million to the bank to cover︇ the shortfall. We fixed the program error that allowed that to happend, and it never︈ happened again. That was over a year before the bank was unnecessarily put into receivership.︉ When is was the bank held millions in cash above what was owed to customers.︊
No the insolvent claim was a lie, and retracted in the Consent and liquidation orders. The reason OCIF thought the bank was insolvent is that it failed to include the cash value of the bank's gold hedge book. But insolvency was just a pretext to shut down the bank. The real reason was a PR stunt for the J5, so they could pretend their failed Atlantis Investigation was a success. That's why I filed a lawsuit against the varios government officials who︀ conspired to to that.
thank you for posting the same the 213. time Mr Schiff! What you write is just fake news in my personal humble opinion
- Status
- Not open for further replies.