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Euro Pacific bank is a scam

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I see EPB wrote an email to all customers just saying all the usual old‌ lines and a set of Frequently Asked Questions.

But they didn't answer the most frequently‍ asked question - will we ever get our money back !!

It's such a long⁠ time with no news, no progress and poor communication.
 
it seems that the 'miracle' will not be for this week unfortunately...
This game can‌ lasts a lot of time...
 
They are all safe until something‌ happens and you realize you are on your own and there's nothing you can do,‍ so stay away from jurisdictions with weak regulations, at the end of the day you⁠ have no way of knowing if your bank is protecting the deposits or not, look⁤ at EPB, they weren't even complying with the regulator's demands, ignoring every single warning, until⁣ the Regulator had enough and closed the bank, now all customers are paying the consequences⁢ of Peter Schiff's mismanagement of EPB.
 
read the 28 pages...
i m even more lost than yesterday lol...
this is all‌ a mess... to me we can't trust nobody... What could have happened that Schiff is‍ not allowed to say ? this is really weird
 
Whether it's Peter Schiff, or the OCIF, or the Receiver, someone should tell the customers why‍ after more than 9 months of waiting their funds have not been returned, and when⁠ exactly will they get their money back, so far everything they've been told has not⁤ come true.
 
I think it is not bad idea⁤ to figure out together, what can we do or how can we make pressure on⁣ those sitting and waiting for endlessly. I had the misfortune of reading the entire thread.⁢ Not so long ago I wrote that if you don't know what it's about, it's︀ about money. Now look, we have a negative interest thread. So we have reasonable grounds︁ to think that someone wants the money not to be touched. How much longer will︂ we accept that someone is making his life using our funds for free. I have︃ really enough.
 
That’s what I m saying, there is something really opaque and manifestly all 3 are‌ hiding themselves behind a poor communication.
There is as well a 4th party ( in‍ my case) that is guilty as well: the company who set my company to create⁠ my business. Because obviously they proposed me to work with a questionable bank… if had⁤ known this before I would certainly not have placed my money there…

✊
 
In hindsight no one would have chosen Euro Pacific as their bank, had⁣ customers known that the bank wasn't 100% compliant, and had customers known that their funds⁢ were going to be transferred to another bank in Portugal, no one in their right︀ mind would have chosen to work with EPB, this has been a disaster that has︁ ruined the lives of many people and many families, and the lack of everything else,︂ no information, no nothing is just insulting, but no one cares!
 
Most of such‌ a 4th parties offered the same. EPB was a kind of solution at the time.‍ If we all would know the future at that time, there would be no such⁠ a topic today. Anyway we are sitting in this s**t together.

By the way is⁤ there any reasonable jurisdiction for now for EU residents ? I am still suspended between⁣ opt-in and opt-out. There is even no sense for me to apply for new bank⁢ acc. The reason is more clear with every next week. <PM me if you did︀ any research>
 
i opened the account in︀ 2021 so, from what i ve understood reading this thread, there was already stuffs happening︁ with the capital of the bank and regulator etc if i m not wrong... so︂ SFM should have told me before application...
 
Yes, first problems appeared‌ in 2020, They might not know about the EPB struggles, anyway it is weird considering‍ their profession, they should.
 
They could‌ wait one more day wit that pointless update. In fact tomorrow we have April Fool's‍ Day. Great moment for joking.
 
Why don' t we hire an advocate in portugal, if this is really where the‌ pb lies ?
Cause no news from Schiff since 2 weeks, and his last message‍ is to say that he is no longer involved. So even he really has hired⁠ someone and is sincere, can we really trust him ?
Maybe we should have ours⁤ and start a process in portugal ?
 
Good point. I am wondering how many people observing this thread are ready‌ to take the things into their own hands. We are the victims. This financial roller‍ coaster must be stopped. Regardless to the adversity we should find the way to let⁠ the others know about this topic. The issue for now is that I have no⁤ idea how to do it.
 
This time they're‍ not even bothering to give customers another fake deadline, so I guess we should now⁠ aim for the end of June as it will be our 1 year Anniversary of⁤ losing all our savings, and if nothing happens then, I guess we should hope for⁣ Santa Claus to come in December.
But they are very nice telling customers that Qenta⁢ is preparing a bunch of goodies for the day of our arrival, what bunch of︀ scammers they are!
 
not sure either bro. i wish someone⁣ who has a bit of banking law aknowledgement have read this thread and guide us⁢ through the process... or maybe a portuguese customer/victim could reach a trustful advocate in lisbon︀ or something, at least to explain and have an idea if it's doable or not...︁ anyone on the place ?
 
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