Peter Schiff: Brent De Jong offered to return about $38 million to Euro Pacific Bank

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16 hours ago

Peter Schiff: Brent De Jong offered to return about $38 million to Euro Pacific Bank — Brent De Jong offered partial asset return

Brent De Jong of Qenta offered to return about $38 million of the $70 million in assets he was holding for Euro Pacific Bank customers to the bank's trustee. Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital, reported that De Jong had made clear his intention to keep for himself about $30 million from these assets.

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Schiff previously criticized Puerto Rican regulators for what he describes as mishandling the liquidation process of his bank, maintaining that no customer accounts were at risk at the time. Details of his remarks are outlined in a prior article. He has also commented on related market events, such as the significant decline in DJT shares to record lows, as reported here.

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