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Euro Pacific bank is a scam

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Your not screwed as you will likely‌ get something back eventually. But people underestimate the time it takes for a liquidation of‍ an offshore bank.

Someone discussed in another thread the last call for the FBME bank⁠ liquidation. In that case the bank went into receivership in May 2017 and the liquidation⁤ is still on-going sadly. So that is over 7 years already. You may have a⁣ few more years to go.

https://tz.fbmeliquidation.com/annoucementtz/tz/
Deadline Extension:

https://tz.fbmeliquidation.com/announcement/tz/

lol.....Well this YouTube video is interesting of the nightlife. 😛
 
NGL, even in my teens, I found this behavior declassé AF! ca#"!
I NEVER EVER took‍ "part" in such a "ghetto" lifestyle hi%#
 
Another bank discussed in this >> thread - Loyalbank also‍ went under in 2018. And till today is still in Liquidation 5+ years later and⁠ that liquidation is being done by Deloitte. So if the EPB receiver can get⁤ things wrapped up for EPB in the next year he would have done an amazing⁣ job as uncomfortable as that may sound 😕.

https://www.deloitte.com/cbc/en/services/financial-advisory/services/loyal-bank-liquidation.html
The only failure I now see⁢ here is that customers expectations of how long a bank liquidation takes has not been︀ communicated to my knowledge. In most countries that have deposit protection such as EU countries︁ or US most people get their money bank rather quickly and no one cares or︂ watches how long the actual winding up process takes for a bank. I guess that︃ is one of the advantages of dealing with a bank with deposit protection and staying︄ below deposit protection limit.

P.S I can go on with tons of examples such as︅ Lehman brothers brokerage that took 14 years 🙁.

https://www.reuters.com/markets/us/...others-brokerage-ends-liquidation-2022-09-28/
 
They do this "continue to await the finalization" on camels. It's XXI century. People fly‌ into space, transplant hearts, and use artificial intelligence. Meanwhile, some victims of fate are unable‍ to complete a few pieces of paperwork. Mr. Receiver, if you are reading this, I⁠ have a recipe for all incompetence. Ask ChatGPT how to get out of the mess⁤ you're in, Ask your sister, brother, neighbor, homeless person, whoever. Any advice will be good⁣ and certainly no one will do more harm than YOU.
 
Peter,

I understood , that you have nothing to do︆ with Qenta today.

Why you gave up so easily and let EPB to go receiver︇ and agreed volunteer liquidation ?

The receiver has no plan to complete liquidation as the︈ current situation gives him a very good solid income and he can use our funds︉ for his expenses without limit.

There will be no liquidation and none of us will︊ get a single dollar back, no matter are you opt-in or opt-out, if we are︋ just waiting a miracle to happen on one sunny day.
 
It's a robbery in front⁠ of cameras. I wonder how it can be in 21st century.

A friend once asked⁤ me if I was sure that all my assets was safe. Then I was sure.⁣ After a year, I realized how wrong I was.
 
That would be great a call between receivers and many customers.⁤ Just simple question like "what are you waiting for? Where are you stuck? Any blocking⁣ issues ?". Of course we'll never be able to ask these. They'll be too afraid⁢ that we find obvious answers/solutions... they clearly drag their feet and no one is able︀ to put pressure on them
 
In fact it's all about our money. I do⁣ not understand that border between us and the part responsible for liquidation. We have right⁢ to know where we are, what cause that delay and so on. It's our money︀ so we should know what are we waiting for and what are we paying for.︁
 
Some customers have hire a lawyer one year ago but I guess they don't know more⁤ that us at this point.
 
You would think that given the amount⁠ of money that he is charging and spending every single quarter, he would at least⁤ send us an update once a month, but unfortunately he doesn't care, even if it's⁣ our money and we are the ones paying the consequences, he still doesn't care.

Those customers who hired a lawyer in Puerto Rico, and as I understand have sent a⁢ complaint to OCIF, has made no difference. The commissioner has already said that OCIF is︀ not in charge of liquidating the bank, the Receiver is in charge, he has all︁ the power, we are literally at the mercy of the useless Receiver.
Our destiny in︂ the hands of a person that has no reason to end this process any time︃ soon.

I fear that Christmas will come once again and we will still be waiting,︄ with no end in sight.
 
Why isn't everyone here sending him an email, posting on Twitter, IG, facebook,‌ Trustpilot, complaining to the BAR, calling his offices, calling the courts, calling his neighbors, etc‍ etc EVERY.SINGLE.DAY? 🙄

How many are you? A few thousand people? That guy will be forced⁠ to wrap up his work.

Like WTH? 🙄
 
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