Finance and economics mentoring
New Horizons Paraguay
Ticker tape by TradingView

Euro Pacific bank is a scam

Status
Not open for further replies.
I don't understand how is the Receiver capable⁤ of ignoring your request when it's your bank, and therefore your money in the bank's⁣ account.
At some point he'll have to show you everything that he's done, or you'll⁢ just have to pay him a visit.

My guess for the delay is that Novo︀ isn't releasing the funds, but let's hope the Receiver gives us an update this week.︁
 
Its got⁣ nothing to do with Novo at this point. You would think I 'm entitled to⁢ an accounting, but so far despite multiple requests, none has been provided. The bank is︀ under the complete control of the Receiver. I wasn't even allowed to save the $500K︁ receivable that the receiver failed to preserve.
 
It is all about corruption at the end and we have only one option left,‌ no matter have you opted-out or in.

Peter, why you give up your $500K so‍ easily without lawsuit.
 
If we succeed to collect all the 3000 customers of EPB it could cost only‌ peanuts per person , I hope we can collect at least 100 names to get‍ started, or we wait until all our funds are gone to the state of PR.⁠
 
I couldn't sue for that. But I⁠ may have been able to sue OCIF for the $25 million I lost because they⁤ rejected the sale to Qenta. I regret having followed the advice of my lawyers and⁣ released them from liability to get a quicker liquidation of the bank. Given how thinks⁢ turned out I gave up my right to sue for nothing.
 
Well, if You have the correspondence of⁣ some kind then maybe You could somehow void that due to a fact they clearly⁢ didnt hold their part of the bargain.
 
So if I understand well, they couldn't hit their first milestone?
Does it mean the‌ rest will be delayed?

And in their latest report on 20th July, they said "The‍ next update report on this mater should be filed no later than July 24, 2023.".⁠
Maybe it was private updates with some customers?
 
In terms of lawsuit, please get in touch with @orion7352 . We are collecting the‌ customers who want to sue.

[email protected]

Please find Orion's Mail-address. He is of greatest support and delivers updates, finding out︀ about useful addresses etc. And he found - after many meetings - one reliable lawyer︁ who would be allowed to represent us.
But we are waiting for more customers to︂ join us.

Here is his address: [email protected]

@maurof @JoeOhNo
 
Remember, the liquidation order that was signed by the OCIF Commissioner⁤ and the Receiver confirmed that the bank held over two million in cash above what⁣ was owed to depositors. The bank had now debt, and maybe about 400K in account⁢ payables, just normal business expenses. Nothing past due. The bank could have returned 100% of︀ all customer 's funds. There was no need for a receiver. There was also no︁ need to hold a press conference so the IRS could pretend the bank was being︂ shut down for tax evasion and money laundering, which is what lead to the Portugese︃ Govt. freezing the Novo account. There was no valid reason for OCIF to have denied︄ the sale of the bank to Qenta. Had the sale been approved, no customer would︅ have lost access to their funds for even one minute.

https://www.dailywire.com/news/the-...l-alliance-ruined-an-innocent-american-banker
 
Hallo.

There is something I don’t understand.

Mr Peter Schiff give up the right to‌ sue the authorities to speed up the liquidation process.
But in this deal the liquidation‍ process is actually missing, not proceeding at all. His reputation is destroyed beyond repair and⁠ all his former customers are still swimming in deep waters.

What is the sense of⁤ this?

Thanks to anyone to explain to me.
 
The liquidation⁣ called for me to be able to work with the Receiver, and for the process⁢ to be over in 90 days, with customer funds returned after a 30-day noticed. None︀ of that happened. The receiver took complete control. I wish I had never signed that︁ agreement, and just sued OCIF.
 
Dear all,

It is definitely now time to be more proactive⁤ and start to work together instead of waiting the Miracle to happen and receiver will⁣ return our funds. This miracle will not happen, not tomorrow, neither next month or next⁢ year.

No Matter are you opted-out or opted-in. We are stronger together.

You can contact︀ to [email protected] and join to our team before It is too late.

The reality is︁ different in this modern world. Sure you all have seen the movie of Titanic ,︂ only the proactive and quick ones will survive having a lifeboat seat early enough, what︃ happened to others, they just went down to bottom without any help from nobody.

It was Sad but True.
 
YES!!!! Please stop being lazy and at least contact the︀ guy if he wants to push it forward!
 
Should we now call the receiver office and tell him that we are gonna sue‌ him soon if he doesnt move this forward?
 
Some of you have totally misunderstood, what is our intention.

We will not trying to‌ sue OCIF and/or receiver in Puerto Rico, the cost will be astronomical and all the‍ funds will be then locked down years ahead.

Just to keep communication strict confidential as⁠ anyone including receiver can read this post please contact to Orion and avoid spread any⁤ given information here .

As you remember the movie of Titanic , we are just⁣ about cutting the ropes of lifeboat soon and then we cannot take any other persons⁢ to join with us any more.

It is now final call.
 
I wish I could sue the receiver, as he is blowing through what's left of‌ the $10 million in capital I contributed to the bank.
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
Top Bottom