Euro Pacific bank is a scam

[Whitelion]

same for me...what change has been applied?

No change fee has been applied for EUR -> USD conversion. USD to EUR fee is stricly related to your bank

 

[stalker]

lets simplify: what was your last EPB's balance (if you want to reaveal) and how much was the wire trasfer you received?

 

[SCHLOSSFINANZ]

just be happy that you got almost all you rmoney back finally!

 

[Whitelion]

lets simplify: what was your last EPB's balance (if you want to reaveal) and how much was the wire trasfer you received?

Once again, no change fee has been applied for EUR -> USD conversion. What aren't you understanding?

 

[spiderman]

Meaning full refund minus your bank's currency conversion charges only?

 

[Whitelion]

Meaning full refund minus your bank's currency conversion charges only?

No, full refund minus around $ 300. My bank's currency conversion charges are something not related to the trustee

 

[Vqn]

Got my money back yesterday, minus around $ 300 over $ 15.500. Am an opt-out, funds refund has started

This is great news ! I hope all customers opt-out and opt-ins will have their funds back soon

 

[stalker]

Once again, no change fee has been applied for EUR -> USD conversion. What aren't you understanding?

what you wrote is meaningless: if euros have been converted in dollars a change has been applied..anyways, i'm glad you recoverd your money, i hope the same for me very soon

 

[Whitelion]

what you wrote is meaningless: if euros have been converted in dollars a change has been applied..anyways, i'm glad you recoverd your money, i hope the same for me very soon

Unless the trustee has applied a very high conversion fee, I can say I got all my money but around $ 300, which might cover the trustee's expenses and fees. We won't get ALL our money back, if this is what you wanna know

 

[Vqn]

Unless the trustee has applied a very high conversion fee, I can say I got all my money but around $ 300, which might cover the trustee's expenses and fees. We won't get ALL our money back, if this is what you wanna know

Did the trustee tell you that we do not get ALL money back?
Lets say that your money was in USD and you transferred the funds to a USD account in your homecountry.
Would you not get the full amount?

 

[Whitelion]

Did the trustee tell you that we do not get ALL money back?
Lets say that your money was in USD and you transferred the funds to a USD account in your homecountry.
Would you not get the full amount?

You should read this thread from the beginning. Do you think the trustee has been working for free so far? Where do you think the money he got comes from?

 

[SCHLOSSFINANZ]

you forgot in your calculation that the depositors money earned INTEREST the last 2 years. So my bet would be 90-95% would be refunded...

 

[Vqn]

You should read this thread from the beginning. Do you think the trustee has been working for free so far? Where do you think the money he got comes from?

Depositors money earned quite a lot of interests and EPB as a bank had 2-3 million USD.
So before he can tap into the customer funds, these funds should dry first.

 

[Whitelion]

you forgot in your calculation that the depositors money earned INTEREST the last 2 years. So my bet would be 90-95% would be refunded...

Your bet is just a bet, the truth might be completely different. Nobody but the trustee knows exactly what's been done with our money

 

[Whitelion]

Depositors money earned quite a lot of interests and EPB as a bank had 2-3 million USD.
So before he can tap into the customer funds, these funds should dry first.

A lot of interests? How many interests do you think 3 million USD have generated, also considering that funds have been moved from / to different banks? EPB liquidation has been a dull operation since the beginning, don't forget that

 

[stalker]

you forgot in your calculation that the depositors money earned INTEREST the last 2 years. So my bet would be 90-95% would be refunded...

and what about the gold and metals?

 

[Whitelion]

and what about the gold and metals?

Am not the trustee, ask him!

 

[Vqn]

A lot of interests? How many interests do you think 3 million USD have generated, also considering that funds have been moved from / to different banks?

The 2-3 million usd were the banks.
The customer funds were as i remember about 66 million usd.

In his reports all the expenses are there.

 

[Whitelion]

The 2-3 million usd were the banks.
The customer funds were as i remember about 66 million usd.

In his reports all the expenses are there.

But do you really think you can set your own rules? We're lucky if we can recover at least part of our funds. Or should we repeat endless that EPB liquidation has been a merely speculative operation?

 

[Vqn]

But do you really think you can set your own rules? We're lucky if we can recover at least part of our funds. Or should we repeat endless that EPB liquidation has been a merely speculative operation?

I don’t set my own rules.
The trustee can’t just tap into customer funds as he wants to.
Even though this operation has been very negative in a lot of aspects he has posted reports where we can see the expenses.
And i don’t see that the expenses has overtaken the surplus money at epb and-/or the interest gained from the customer funds yet.