Euro Pacific bank is a scam
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you misunderstood. Because if there is no individual account in case of liquidation the trustee doesn't know what belongs to whom.
I guess they were be sold years ago at sadly much lower then actual market price
I guess they were be sold years ago at sadly much lower then actual market price
here i think you are wrong. due to the fact PS sold his bank to Qenta, each opt-in customer handed over his metal to qenta. not to the trustee. in theory the metal should still be somewhere. most likely it is gone. One of the biggest thefts of the century I guess.
There are no forms︃ for OPT INs. Who would you even send them to if there were? OPT IN︄ means you go to Quenta. OPT OUT is the cash out option.
If you are︅ OPT OUT then the trustee will talk to you as long as you send them︆ the requested documentation before the deadline.
I got this from [email protected] last month
If you are︅ OPT OUT then the trustee will talk to you as long as you send them︆ the requested documentation before the deadline.
I got this from [email protected] last month
Yes, you're a shareholder, but not only. You were also an inside director with close access to the opreations of the bank and management. In fact, didn't you post multiple emails from employees emailing and talking with you directly about operations of the bank? I myself am a shareholder of Walmart and I am still hoping employees will email me about problems and operations of the buiness!
Who knows how the deal︁ was set up? Maybe there was a separate agreement between Qenta and you that gave︂ you some benefit. What was a courtesey to customers has now became a complete nightmare,︃ rather than losing a small percentage of returned funds, now they face the complete possiblity︄ of everything going to zero, the Schiff bust.. Even the idea that the deal was︅ set up for customers without a bank account never made sense. EPB was an online︆ bank, so customers will have to have a bank account somewhere to transfer their money︇ into EPB accounts. Surely they did not carry their cash to Puerto Rico, take a︈ taxi to the bank's registered office and hand the cash to Mark Anderson?
Who knows how the deal︁ was set up? Maybe there was a separate agreement between Qenta and you that gave︂ you some benefit. What was a courtesey to customers has now became a complete nightmare,︃ rather than losing a small percentage of returned funds, now they face the complete possiblity︄ of everything going to zero, the Schiff bust.. Even the idea that the deal was︅ set up for customers without a bank account never made sense. EPB was an online︆ bank, so customers will have to have a bank account somewhere to transfer their money︇ into EPB accounts. Surely they did not carry their cash to Puerto Rico, take a︈ taxi to the bank's registered office and hand the cash to Mark Anderson?
Indeed, that is the point. Originally the account was supposed to be OPT-IN in which case no forms needed to be done. From the emails they sent that all seemed to be settled until November last year when︀ Qenta suddenly said the compliance team had switched the account to OPT-OUT. They told my︁ mother she would be dealing with the Receiver. But the EPB liquidation website clearly says︂ that the Receiver does not deal with the precious metals as that is Qenta’s issue.︃ Neither party is responding to emails. The forms themselves obviously require a specific cash amount︄ to claim for yet how can she fill this in when we don't know how︅ much the precious metals were sold for, or even if they have been sold at︆ all? It is a Catch-22 situation. And all the while the deadline clock is ticking.︇
If the︃ metals were not sold by the account holder the account was bound to become OPT︄ IN. Since you are OPT IN nobody is required to communicate with you and you︅ will be given access to your Qenta account after OPT OUT are payed or so︆ we hope.
Were you not also Chairman of the bank and participated in all board meetings or did you resign at some point?
No one has received even a single dollar from this bankruptcy estate so far, and the thread is several years old. I honestly find it surprising how optimistic you all still are.
Yes, it was my bank, as I was the only shareholder. But I was a shareholder in a corporation. So I have no liability beyond the $10 million I already lost. Yes, I am sorry about what governments and the media did to customers of my bank. But none of it was my︀ fault. I obeyed all the laws and tired my best to protect customers.
Yes, all of that would have been true had the Portugese government not frozen the︂ bank's account at Novo bank for over eight months. No one had any idea that︃ would happen, nor could anyone have foreseen that happening. But its OCIF's and the IRS's︄ fault for pretending the bank was shut down for tax evasion and money laundering. The︅ Portugese government didn't realize the IRS was lying and that the bank was shutdown as︆ a PR stunt for the J5.
There was no side agreement. I received no personal compensation for the sale. The bank sold its assets to Qenta. Customers were given the option of gong there too, but the price was the same no matter how many choose to go, even if none choose to go. OCIF had proposed that any unclaimed money be forfeited the Puerto Rico government. I thought Qenta was the better option, as I did not trust customers getting their money bank from a government in bankruptcy.
At least one person a week ago said here that they got their money back, so you know, you tell me.
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