Euro Pacific bank is a scam

[Radko]

Radko

I am sorry you have reacted to information I believe to be accurate. Let me remind you I am a victim too.

We should be sticking together and helping each other and trying to devise a strategy to get our funds back.

If I name my source then I am not going to get any more information from them am I, which I could then pass on here.

Unfortunately the Receiver doesn't reply to any emails requesting information about what the problem is, so we are left having to look for other sources.
EPB in its last email to me said the Receiver was going to start replying to customers but so far , nothing.

Hi,

During the last few years there has been a lot said about EPB and a lot of that wasn't true.
At this stage I don't think there's anything to hide, everybody knows what's happened.

In any case don't waste your time going after the Portuguese government, or going after Novo bank, or the Receiver, you can only legitimately go after Peter Schiff (EPB) as he is the one that took your money, all other Parties involved in this process are not responsible for anything.
Or you can get on a plane and fly to Puerto Rico see if you can talk to the appointed Receiver. Or you can go on Twitter and ask Peter directly, maybe he will answer you at some point.

Anyway Qenta should be providing more information soon, but does it matter if they give you another deadline, how many deadlines have they given so far and nothing happened.

By the way, I sorry to hear you are a victim as well, I know other customers are really struggling, some have had to close their companies, I agree that the OCIF didn't handle this situation the way they should have, they should have let EPB liquidate itself without appointing a Receiver, there is another bank the OCIF closed and they let that bank liquidate itself without going through a Receiver, I don't know why they didn't do the same with EPB.

 

[orion7352]

Peter Schiff is responsible for the bank having to stop trading but what's stopping us from receiving our funds is a freeze on the EPB account at Novo Bank.

 

[ImKing]

Peter Schiff is responsible for the bank having to stop trading but what's stopping us from receiving our funds is a freeze on the EPB account at Novo Bank.

live with it, you will never get your money back. They are pirates and they know the system. Kiss your money goodbye

 

[Radko]

Peter Schiff is responsible for the bank having to stop trading but what's stopping us from receiving our funds is a freeze on the EPB account at Novo Bank.

So what are you trying to say,
that customers should file a law suit against Novo bank?

You don't have an account with Novo bank, you have an account with EPB.
EPB is the one that needs to solve whatever problem they have with Novo Bank.
You, as a customer, can only go after EPB and no one else

 

[Radko]

This is the last update given by Peter Schiff regarding EPB.

"There was a US company, soon to list on NASDAQ, with over $360 million in cash and no debt that was trying to buy the bank. It was going to inject millions in capital, hire a lot more people, and start providing badly need credit on the island. But OCIF didn't want the bank sold, OCIF wanted to shut it down, OCIF even refused to allow a former OCIF Commissioner to buy the bank. The capital not the real issue, as the sale would have solved that, plus months earlier I offered to add extra capital myself, but the OCIF Commissioner told me not to. I think the bank was shut to send a message that Puerto Rico was tough on money laundering and tax evasion, even though an extensive two-year investigation proved the bank did not facilitate either."
"Yes, everyone lost. I tried my best to avoid this outcome. Had I just been allowed to liquidate the bank myself, as I offered, I could have sent all customers their money six months ago. Instead its still tied up. Wigberto had zero banking experience prior to being put in charge of my bank."

 

[milhous]

Site Europacbank is offline

 

[Radko]

Site Europacbank is offline

Don't worry if the site has crashed, I guarantee you they are still charging you fees, as crazy as it sounds...

 

[Marie Manila]

Site Europacbank is offline

The website is online here.

 

[Tulliola92]

According to Sebastian Sauerborn, a German tax consultant in the UK, we will have our money back (sooner or later):

Btw, the customer service regularly replies and answers. A scammer would just disappear, wouldn‘t s*he?

This is the last update given by Peter Schiff regarding EPB.

"There was a US company, soon to list on NASDAQ, with over $360 million in cash and no debt that was trying to buy the bank. It was going to inject millions in capital, hire a lot more people, and start providing badly need credit on the island. But OCIF didn't want the bank sold, OCIF wanted to shut it down, OCIF even refused to allow a former OCIF Commissioner to buy the bank. The capital not the real issue, as the sale would have solved that, plus months earlier I offered to add extra capital myself, but the OCIF Commissioner told me not to. I think the bank was shut to send a message that Puerto Rico was tough on money laundering and tax evasion, even though an extensive two-year investigation proved the bank did not facilitate either."
"Yes, everyone lost. I tried my best to avoid this outcome. Had I just been allowed to liquidate the bank myself, as I offered, I could have sent all customers their money six months ago. Instead its still tied up. Wigberto had zero banking experience prior to being put in charge of my bank."

Where did you find these texts?

 

[Martin Everson]

Where did you find these texts?

Think he got it from a Peter Schiff Podcast. You need to take what comes out of Peter Schiff's mouth with a pinch of salt. Thats what got customers into trouble in the first place by believing what he says rather than looking at the facts such as requesting audited financial statements or evidence of every claim he makes.

 

[Radko]

According to Sebastian Sauerborn, a German tax consultant in the UK, we will have our money back (sooner or later):

Btw, the customer service regularly replies and answers. A scammer would just disappear, wouldn‘t s*he?


Where did you find these texts?

Those comments were posted by P. Schiff on his YouYube channel very recently.
At this stage to be honest it's irrelevant what anyone says, the only thing that matters is that customers get their money bank so they can move on with their lives, or at least someone should tell the customers what the hell is going on, this is getting ridiculous.
I still don't know why the OCIF Commissioner has allowed another bank to liquidate itself without the need of a Receiver, but with EPB everything is dictated by the appointed Receiver, who doesn't comunicate with anyone, welcome to Puerto Rico!

 

[Tom]

From a legal point of view, Peter Schiff is no longer on board.
The bank is in the liquidation process. Basically, it no longer exists legally.
The receiver is the idiot.
Apparently he can't handle the remaining few dozen customers of the former bank.
He is unreachable, he does not even answer letters.
I'll start here.

 

[Tulliola92]

Here a new comment from Peter:

I have just made a complaint at the local FBI-Office in PR. In the description I also mentionned other victims referring to this forum.
Additionally, I sent various mails to OCIF (Zequeira, Trustee).
Tomorrow /today at 10 -11am PR time zone I will call Lugo in his office (Lugo Mender Group). Today the secretary told me to call again at that time.

 

[Tom]

let's hope ...

 

[orion7352]

Here a new comment from Peter:

I have just made a complaint at the local FBI-Office in PR. In the description I also mentionned other victims referring to this forum.
Additionally, I sent various mails to OCIF (Zequeira, Trustee).
Tomorrow /today at 10 -11am PR time zone I will call Lugo in his office (Lugo Mender Group). Today the secretary told me to call again at that time.

It will be interesting to hear from you if you really manage to speak to the Receiver. I have called many times but the secretary always says he's not in the office, which I am sure is just a way of telling customers to go away.

The Receiver has consistently not engaged with customers in any way. EPB customer services said he would start answering customers emails but he never does.

 

[Tulliola92]

It will be interesting to hear from you if you really manage to speak to the Receiver. I have called many times but the secretary always says he's not in the office, which I am sure is just a way of telling customers to go away.

The Receiver has consistently not engaged with customers in any way. EPB customer services said he would start answering customers emails but he never does.

I am quite curious. And there is still some hope. Perhaps, if everybody here calls there every day… if we set them under pressure.. also resorting to all means we can access (like IC3 FBI). And write to Zeqeira and OCIF every day. Perhaps…

 

[orion7352]

I am quite curious. And there is still some hope. Perhaps, if everybody here calls there every day… if we set them under pressure.. also resorting to all means we can access (like IC3 FBI). And write to Zeqeira and OCIF every day. Perhaps…

Hi

I am happy to write to OCIF and whoever else is involved. Do you have the email addresses? Do they ever reply to you?

 

[milhous]

Hi

I am happy to write to OCIF and whoever else is involved. Do you have the email addresses? Do they ever reply to you?

same here. Do you have a phone number and email adress which you can post on the forum?

 

[ATNTESTING]

Yes we can definitely write to them if any emails but how about just writing one and CC many of us? That's why I put my email here last time. I do it again just in case [email protected]

 

[Tulliola92]

Great! Indeed, we should CC us ‚additionally‘; maybe getting on their nerves will be fruitful? Or once a week so that they will know we did not forget.

Here I will call later using VoIP Satellite (100 free minutes per month after verification):
Contact Us | Lugo Mender Group LLC Hopefully, he speaks English. I can only write and read in Spanish quite well.

Tonight, I wrote a Spanish mail to these addresses, each of them in one :

[email protected], [email protected], [email protected], [email protected]

Furthermore :
[email protected]

[email protected]

[email protected]

Maybe this European Insitution can advise another institution:
[email protected]

FBI-complaint:

Internet Crime Complaint Center(IC3) | File a Complaint

The Internet Crime Complaint Center, or IC3, is the Nation’s central hub for reporting cyber crime. It is run by the FBI, the lead federal agency for investigating cyber crime.

www.ic3.gov

Let’s try calling here regularly:

Home

ocif.pr.gov

(Ayudante administrative, comisionada)

So far, we are:
[email protected]
[email protected]

Moreover, I have just had a free first consultation of an advocate: He told me that possibly, it would just take some time. In Germany, a liquidation of a bank usually last way longer than half a year. Trustees never reply according to him.