Euro Pacific bank is a scam

[ap31]

Good luck Peter. I hope you win..

 

[Martin Everson]

Today I filed a federal civil rights lawsuit against former IRS Chief Jim Lee, OCIF Commissioner Natalia Zequeria, the OCIF appointed receive

Are you suing the OCIF appointed receiver in his official capacity or on a personal basis?

 

[Pschiff]

Are you suing the OCIF appointed receiver in his official capacity or on a personal basis?

both

 

[Martin Everson]

Good luck but the legal fees is going to run into the multi millions of dollars if you lose once all appeals etc are exhausted. Your on the hook for all those deep pocket legal defense bills if you lose. But your good to absorb the loss just in case I guess.

 

[mantovam]

Good luck but the legal fees is going to run into the multi millions of dollars if you lose once all appeals etc are exhausted. Your on the hook for all those deep pocket legal defense bills if you lose. But your good to absorb the loss just in case I guess.

indeed, this can be very expensive for Mr. Schiff.

Anyway, its a clearly conspiracy by authorities and the odds are with Peter. For us, customers, we want our money back - but in case Peter wins this process in the just, open the track for 3000 new sues against the authorities (one per customer affected).

 

[Piano]

both

Good luck , Peter !

 

[Pschiff]

Good luck but the legal fees is going to run into the multi millions of dollars if you lose once all appeals etc are exhausted. Your on the hook for all those deep pocket legal defense bills if you lose. But your good to absorb the loss just in case I gues

It's not loser pay in the U.S. So it's very unlikely I would have to pay the attorney fees of the defendants if I lose. But you are correct in that I could end up paying a lot of money for my own legal fees.

 

[Martin Everson]

But you are correct in that I could end up paying a lot of money for my own legal fees.

Can the receiver use the receivership estate assets to defend a legal case brought to him in his official capacity as an appointed receiver while carrying out his duties? I am no legal expert but I hope this was investigated before actions were taken. Otherwise clients money could be drained in protracted litigation at an alarming rate.

 

[Pschiff]

Can the receiver use the receivership estate assets to defend a legal case brought to him in his official capacity as an appointed receiver while carrying out his duties? I am no legal expert but I hope this was investigated before actions were taken. Otherwise clients money could be drained in protracted litigation at an alarming rate.

I don't think he can use the bank's asset to defend against a personal lawsuit filed by me against him? But he likely has insurance to cover this.

 

[Martin Everson]

I don't think he can use the bank's asset to defend against a personal lawsuit filed by me against him? But he likely has insurance to cover this.

When suing him on a personal basis it is clear he cannot use client funds. But your suing him in both an official and personal capacity as you confirmed above. So can he use receivership assets [client funds] to defend himself in his official capacity as receiver?

I don't know how it works in US but I would double check with your legal team before there is a nasty surprise here with more delays and clients funds getting eaten by some expensive legal bills.

 

[Pschiff]

When suing him on a personal basis it is clear he cannot use client funds. But your suing him in both an official and personal capacity as you confirmed above. So can he use receivership assets [client funds] to defend himself in his official capacity as receiver?

I don't know how it works in US but I would double check with your legal team before there is a nasty surprise here with more delays and clients funds getting eaten by some expensive legal bills.

My lawyer said he can't. I am not suing the bank. I'm suing him. Even if it's in his capacity as trustee, he can not use the bank's money to defend against a personal lawsuit against him as trustee of the bank.

 

[Radko]

I filed my lawsuit against the IRS Commissioner and IRS Chief today.

I REALLY HOPE YOU WIN!

I would love to see a headline on a Newspaper:

"Peter Schiff wins the lawsuit against the Commissioner and the IRS agent that closed his bank."

 

[SCHLOSSFINANZ]

I am afraid/scared that the receiver will halt the liquidation because of this....

 

[Radko]

I am afraid/scared that the receiver will halt the liquidation because of this....

Legally he couldn't do that, but everything is possible in a Banana Republic.

 

[Pschiff]

I am afraid/scared that the receiver will halt the liquidation because of this....

I doubt it. If anything it will create an incentive to speed up the process. The unnecessary delay if part of my lawsuit. Its damaging my reputation and costing me money. In fact, but for my lawsuit, he may never return the money. He just keeps coming up with excuses not to.

 

[SCHLOSSFINANZ]

where can I find the lawsuit?

 

[UKNomad]

https://newsismybusiness.com/peter-...ts-suit-alleging-conspiracy-between-irs-ocif/

 

[SCHLOSSFINANZ]

seems partly like a PR stunt. Tax officials from Australia, Canada, Netherlands and UK enjoy functional immunity for offical acts during their duty and can not be defendants in a lawsuit in a foreign court. His attorney Lanny Davis should really know that...

 

[Pschiff]

seems partly like a PR stunt. Tax officials from Australia, Canada, Netherlands and UK enjoy functional immunity for offical acts during their duty and can not be defendants in a lawsuit in a foreign court. His attorney Lanny Davis should really know that...

Lanny Davis is not the attorney for this action. Those foreign officials came to the U.S. to participate in a press conference and made false and defamatory comments about the bank as part of the conspiracy. They repeated those comments after the press conference. We argue that their appearance in Puerto Rico to commit a tort makes them subject to U.S. jurisdiction. Even if I they end up being dropped as defendants, at least hey've been named to highlights their guilt. But they are not immune as you say. I could certainly sue Simon York in the U.K. under U.K. law, which is actually very good on this subject.

 

[Martin Everson]

If Puerto Rico is really a banana republic like where I live I would watch your back as life is cheap in some places sadly when pursing local people in court . Lost a friend to this type of situation so if you don't know who is who and how they may be connected to underworld take strong measures to protect yourself now.