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Pschiff's latest activity
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PPschiff replied to the thread Euro Pacific bank is a scam.I based that on what I read on this board. Someone wrote that they received their money.
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PPschiff replied to the thread Euro Pacific bank is a scam.There was no side agreement. I received no personal compensation for the sale. The bank sold its assets to Qenta. Customers were given...
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PPschiff replied to the thread Euro Pacific bank is a scam.I was not the Chairman of the board, but I was an unpaid director. As a director I owed a fiduciary duty to shareholders. When the bank...
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PPschiff replied to the thread Euro Pacific bank is a scam.Yes, all of that would have been true had the Portugese government not frozen the bank's account at Novo bank for over eight months. No...
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PPschiff replied to the thread Euro Pacific bank is a scam.Yes, it was my bank, as I was the only shareholder. But I was a shareholder in a corporation. So I have no liability beyond the $10...
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PPschiff replied to the thread Euro Pacific bank is a scam.The bank didn't pretend anything. The bank did not make a recommendation either way. It just presented the alternatives without making...
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PPschiff replied to the thread Euro Pacific bank is a scam.Due diligence was done prior to my decision to sell the bank to Qenta, as I was accepting mostly Qenta stock. But OCIF and the receiver...
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PPschiff replied to the thread Euro Pacific bank is a scam.There is no viable lawsuit against me. I didn't do anything wrong and neither did the bank. There are several bad actors with legal...
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PPschiff replied to the thread Euro Pacific bank is a scam.If Qenta does not have the funds or metals, they can be sued. Qenta and their subsidiaries assumed all the liabilities for customers who...
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PPschiff replied to the thread Euro Pacific bank is a scam.Yes, customers who owned gold, but who did not want to go ti Qenta, had to sell their gold so the bank could wire out their money. The...
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PPschiff replied to the thread Euro Pacific bank is a scam.I have no idea. I can't get any confirmation. They are not a public company and have not seen any recent financials.
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PPschiff replied to the thread Euro Pacific bank is a scam.Qenta did not give me a way out. I made nothing by agreeing to sell the bank's assets to Qetna. I did that as I thought it would be...
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PPschiff replied to the thread Euro Pacific bank is a scam.Nothing shows the insolvency of the bank, as it was completely solvent, as confirmed by OCIF and the Receiver in the initial liquidation...
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PPschiff replied to the thread Euro Pacific bank is a scam.I don't think so.. The receiver just decided on his own to transfer all the deposits to a U.S. bank that could only handle U.S. dollars...
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PPschiff replied to the thread Euro Pacific bank is a scam.What was held by IB in securities should still be there in customer accounts. I don't see how Qenta would have been able to withdraw...
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PPschiff replied to the thread Euro Pacific bank is a scam.If the bank is still holding some of the funds that belong to Opt Ins, and has not sent those funds to Qenta, then the purchase...
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PPschiff replied to the thread Euro Pacific bank is a scam.What do you think OCIF needs to approve regarding Qenta after it receives all the cash and metals that belong to the Opt Ins? OCIF...
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PPschiff replied to the thread Euro Pacific bank is a scam.Once all the funds and metals that belong to Opt In's are transferred to Qenta, the Receiver has no more responsibly to those customers...
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PPschiff replied to the thread Euro Pacific bank is a scam.When the receiver initially wanted to move the funds form Novo to the bank in California, a move which I opposed, his plan was to mail...
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PPschiff replied to the thread Euro Pacific bank is a scam.My preference was leaving the money at Novo bank and figuring out how to have it wired from Novo directly to customers. That would have...