Our valued sponsor
Pschiff's latest activity
-
PPschiff replied to the thread Euro Pacific bank is a scam.No, the regulations in Puerto Rico where far more strict they were in St. Vincent, which is where the bank moved from . I didn't want...
-
PPschiff replied to the thread Euro Pacific bank is a scam.That was our first government audit after moving the bank to Puerto Rico. We had been asking for our annual audit for two years, so...
-
PPschiff replied to the thread Euro Pacific bank is a scam.You are wrong. EPB was never declared insolvent. After it's 2021 audit, OCIF found that the bank was under-capitalized. That's because...
-
PPschiff replied to the thread Euro Pacific bank is a scam.Opt in was the defualt. To opt out you had 30 days to notify EPB of your decision to Opt Ot and to provide the bank with wiring...
-
PPschiff replied to the thread Euro Pacific bank is a scam.I have no idea. I am not involved in the process. I've complained about it to the receiver and OCIF, but I can't really do anything...
-
PPschiff replied to the thread Euro Pacific bank is a scam.No, that has nothing to do with returning customer funds. The issue will be dealt with later. The money is not even due until after the...
-
PPschiff replied to the thread Euro Pacific bank is a scam.Qenta had already agreed to pay $17.5 million for the bank. So $1.25 million for all the bank's assets was not a good deal. The intent...
-
PPschiff replied to the thread Euro Pacific bank is a scam.Correct, about $200 million was withdrawn, about 70% of deposits. The bank had no problem with this "run" as it was a 100% reserve...
-
PPschiff replied to the thread Euro Pacific bank is a scam.At the time it was signed there was no reason to believe the funds would not go directly into individual accounts. The funds were going...
-
PPschiff replied to the thread Euro Pacific bank is a scam.Again, the payment went to the bank, not me. I never got a dime. Plus only $500K was paid.
-
PPschiff replied to the thread Euro Pacific bank is a scam.The losses related to losses that Qenta may incur as a result of acquiring the assets. It has nothing to do with bank customer's losses...
-
PPschiff replied to the thread Euro Pacific bank is a scam.No one on this board should be upset at me or anyone that worked at Euro Pacific Bank. Corrupt government officials and journalists are...
-
PPschiff replied to the thread Euro Pacific bank is a scam.The money went to the bank, to further protect customers. Not one penny went to me. Also, customer funds were going to transfer directly...
-
PPschiff replied to the thread Euro Pacific bank is a scam.He sent me an email. So I posted a summary of what he wrote.
-
PPschiff replied to the thread Euro Pacific bank is a scam.I didn't get any money from the sale. $500K was paid by Qenta into the bank's account. So that was extra capital to payoff customers...
-
PPschiff replied to the thread Euro Pacific bank is a scam.That's unfortunate to hear. I hope you get that money back soon. If possible, try to find a way to put some pressure on OCIF and the...
-
PPschiff replied to the thread Euro Pacific bank is a scam.The vast majority of customers do not have their life savings in the bank. That may be true for some, but I'd say maybe 1%. For most...
-
PPschiff replied to the thread Euro Pacific bank is a scam.What's the point. The bank is no longer operating. The receiver and OCIF independently verified that as of fall of 2022 the bank had...
-
PPschiff replied to the thread Euro Pacific bank is a scam.The bank had audited financials. I have copies.
-
PPschiff replied to the thread Euro Pacific bank is a scam.Good news. I heard back from the COE of Qenta. He assures me the rumors are not true. All customer funds are with Qenta now, and should...