Axos asked me a bunch of documents including a bank statement. How can I get this if their website is shut down?
Based on my notes, at current market prices, Qenta was transferred over $40 million of gold alone from Silver Bullion. Over 12,000 ounces. Qenta was also transferred over $20 million dollars that was in the bank's IB account. So that alone is over $60 million. That does not count any of the cash the Bank has from the Novo account or it's FirstBank corporate account. So combined, Qenta and the bank hold assets worth well over what customers were owed at the time the bank was placed into receivership. Pus, that does not include any interest earned on any deposits.
Me Too!Interest? Can probably kiss that goodbye. The trustee is dipping his gready hands into the funds, dragging this matter out as long as possible to profit as much as possible.
When I was forced to liquidate my GLD holdings to facilitate the transfer out, we were told maximum of 3 months to wait for our cash to be returned. I had to sell my GLD holdings at around $1750 per ounce, I could have bought it back in same quantity many times in the months after that, but now that loss has stacked up becuase of incompetence.
Actually Qenta pulled $27 million from the bank's IB account. I also learned that the gold held at SGB in Singapore was moved to Brinks in Switzerland.Based on my notes, at current market prices, Qenta was transferred over $40 million of gold alone from Silver Bullion. Over 12,000 ounces. Qenta was also transferred over $20 million dollars that was in the bank's IB account. So that alone is over $60 million. That does not count any of the cash the Bank has from the Novo account or it's FirstBank corporate account. So combined, Qenta and the bank hold assets worth well over what customers were owed at the time the bank was placed into receivership. Pus, that does not include any interest earned on any deposits.