Our valued sponsor

Euro Pacific bank is a scam

I'm still waiting for any answer. I also asked them where the customer's gold is. We transferred over $30 million in gold to Qetna from Silver Bullion. It's now worth over $50 million.
This is such a simple request and them not being able to answer such a simple question greatly worries me. At least with the receiver, we have periodic proof of life updates. Qenta has gone silent, what is stopping them from keeping people updated with periodic annoucements on their web site?

Read Grok's analysis of what happend to the bank. Grok's take strongly implies customers would win a class action lawsuit against OCIF and the IRS.

https://x.com/i/grok?conversation=1905081638821699939
Legal advice from a crappy chatbot, I am sure no one will be burned again...
 
  • Like
Reactions: Martin Everson
I'm still waiting for any answer. I also asked them where the customer's gold is. We transferred over $30 million in gold to Qetna from Silver Bullion. It's now worth over $50 million.

Is it over 1 month you have been waiting for an answer from them?
 
Yes, I did. Whatever I didn't hand over to Qetna would have been handed over to the receiver or the Puerto Rican government. The bank was taken away from me. That's why I filed a lawsuit.
And you received some fee from Qenta - not all as was agreed- for it. the more customers chosen for opt in the better for qenta and your deal with them. We gave our funds in good faith to EPB because we believed in PS. We believed in a bank without loans. We believed in the alternative of gold. And look where we are now. No bank. No gold. Nothing.
We had gold arnd 1600 and were forced to sell it because in first instant we wanted to transfer asap our funds to another account. However then came the opportunity, created by you, to have G-coins. And this was presented as a much quicker and easier process instead of opt out. It turns out to be perhaps a big scam? I still believe you when you said the funds (the money accounts) are safe. The gold it seems now another story. good communication by all parties should help and clear a lot of speculation. I think this is the least customers deserve. My early retirement is now alraedy blown in pieces. my health is going down. do not understand how this came so far and last so long, when there were no loans made and there was a surplus;
 
I didn't get any money from Qetna. It all went to the bank. $500K up front. $750K when the deal closed, which still hasn't happened. The only way for customers to keep their gold was to go with Qenta. If you stayed with the bank all the gold was sold so we could wire out the cash. There was no way to deliver the gold. It was all supposed to happen quickly, but it got screwed up by the Portugese government freezing the Novo account. No one saw that one coming. Had the IRS and the J5 not convinced the OCIF Commissioner to hold that press conference to frame the bank for money laundering and tax evasion, as a PR stunt for the J5, all customers would have received access to their funds and gold in the fall of 2022, either as a wire from the Bank or a new account with Qenta.
 
thank you very much for telling this the 236. time here!
It his highly worrying that you have not been able to find out at which bank Qenta is booking the assets of your (former) customers!
Maybe instead of trying to do litigation PR and reputation PR with your posts maybe you fly to the Qenta CEO and find out what is happening? Or maybe ask Lanny Davis to write him a registered letter?
 
If the only reason people are ganging up on PS is that he is the only one willing to reply to messages, then I can understand why nobody else is willing to talk to us.
Imagine if we actually had a reason to be angry about something with the person responsible. Wouldn't want to be on the receiving end of that.
 
  • Like
Reactions: Octopus and Radko
If the only reason people are ganging up on PS is that he is the only one willing to reply to messages, then I can understand why nobody else is willing to talk to us.
Imagine if we actually had a reason to be angry about something with the person responsible. Wouldn't want to be on the receiving end of that.
It seems to me PS is not giving any new info. Only repeating ...it wasn t me.
And that s not fair towards his customers. He surely is completely aware of the who's, where and whats.
Why not share the info.