After Euro Pacific Bank was placed into receivership, the bank entered into an agreement under which Qenta would take over the accounts of customers who chose not to have their deposits retuned, which would have required their non-cash assets to be liquidated. Customers were given 30 days to opt out of having their accounts and related assets transferred to Qenta.
Over the ensuing three years Qenta failed to onboard even a single Euro Pacific Bank customer. Then after all that time, Qenta abruptly terminated the deal after I began asking questions about the status and whereabouts of customer funds, and Qenta’s financial position. But instead of promptly returning the assets that had been transferred into its custody for the benefit of Opt-in customers, Qenta, through its CEO Brent De Jong, offered to return only the value of the assets as of September 2022. That would have allowed Qenta to keep for itself all of the appreciation in the gold, silver, and mutual funds during the intervening years. Qenta also demanded an additional $5 million in damages for its claimed costs of trying to close the transaction, all of which would have come directly out of bank customer’s pockets.
At the time, Brent’s position would have netted Qenta an estimated windfall of roughly $30 million at the direct expense of the very customers whose assets it agreed to safeguard. With the continued rise in precious metals prices, that figure is now closer to $50 million. Yet as of March 2026, more than eight months after Qenta terminated the transaction, it still has not returned one penny to the Bank or its customers.
Brent De Jong is unlawfully retaining assets that belong to the Bank and its customers. Furthermore, he has yet to provide a full accounting showing where those assets are, whether they remain intact, or how they have been handled while in Qenta’s custody. That failure raises serious questions about whether Brent imporperly diverted customer and Bank assets to fund Qenta’s operations or for other purposes.
Though Brent De Jong was not part of the conspiracy to frame and destory the Bank, he later exploited Qenta’s custody of the Bank’s assets, together with the incompetence of OCIF and the Receiver, to attmept to extract tens of millions of dollars from the Bank’s and what were intended to become his own customers.
Qenta’s own website no longer functions, and the two subsidiaries that were part of the Purchase and Assumption Agreement are now defunct. Brent set up a new company called Qecosystem and he still promotes G-coin and Responsible Gold. Based on what happened with the bank, I would strongly advise anyone against entrusting assets to Qenta, Qecosystem, or to any business entity affiliated with Brent De Jong.
