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Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 47. (Read 408474 times)

hero member
Activity: 504
Merit: 500
I am still pissed that McDonalds raised the price of the $1.00 small fries, up to $1.27... Totally defeated the whole purpose of raising minimum-wage!

Oh, you lost a large portion of money you probably didn't actually earn... so sad... too bad... cry me a river...

Take out what you can, every day, until it is all gone, and turn it directly into bitcoins, litecoins, and namecoins. Problem solved. You will be up to your previous balance, before you have withdrawn all your remaining money, and any money left will just be a bonus.

You can still get money out, so what is the actual problem? That is what you get for placing money in a BANK, who simply lends out your money to others. Sorry that the people they lent it to, are not paying them back. I would bet a million dollars that all the lending was to the bank owner himself. They like to do that, using shell companies that don't actually exist, then just default on the loans, declare bankruptcy, and HOPE the government steps-in to pay for the losses, which are not actual losses.
newbie
Activity: 20
Merit: 0
He'll be lucky if he ever gets those funds back, much less any time soon.

The portion of it that's not frozen - I.e. the €126K-128K.

Yes, $2K has disappeared from not frozen balance.
BTW, I still cannot move not-frozen money from the account due to capital control restrictions.


If there was a "Mt.Gox" inside Cyprus would you be able to purchase bitcoins with what's left of your money, given that it's not going out of the country?

Of course for this to work someone else should be willing to sell bitcoins, with the proceeds being stuck on the island. Remittances maybe.
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
It seems keeping your money in a bank is just about as safe as leaving it on a bus bench in a bad part of town...

http://www.youtube.com/watch?v=1yeoGAPW3tk
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
It seems keeping your money in a bank is just about as safe as leaving it on a bus bench in a bad part of town...
full member
Activity: 134
Merit: 100
make sure your lawyers get you shares in the bank equal to the haircut to mitigate some losses even if it's  over a decade and the shares sell for pennys on the dollar since its basically worthless even to possible future earnings after wind down or restructure.... what a debacle!@#
member
Activity: 98
Merit: 10
time to do business in BTC.  Cyprus was a testing ground I hope your kicking the bankers out like Iceland.  Or decorating the parks with them...
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
He'll be lucky if he ever gets those funds back, much less any time soon.

The portion of it that's not frozen - I.e. the €126K-128K.

Yes, $2K has disappeared from not frozen balance.
BTW, I still cannot move not-frozen money from the account due to capital control restrictions.


Even to a different (more financially stable) bank in the same country?
donator
Activity: 784
Merit: 1000
He'll be lucky if he ever gets those funds back, much less any time soon.

The portion of it that's not frozen - I.e. the €126K-128K.

Yes, $2K has disappeared from not frozen balance.
BTW, I still cannot move not-frozen money from the account due to capital control restrictions.
legendary
Activity: 2324
Merit: 1125
Today I've just found that my Laiki Bank account balance is $126450. Previously it was $128784 (as show in my first post).
Over $2K has just mysteriously disappeared without any record in the account statement.
I see no transactions explaining deduction from my account.

This is how European banks work now...


So you called and asked about it. What was their response?
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
He'll be lucky if he ever gets those funds back, much less any time soon.

The portion of it that's not frozen - I.e. the €126K-128K.
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
Today I've just found that my Laiki Bank account balance is $126450. Previously it was $128784 (as show in my first post).
Over $2K has just mysteriously disappeared without any record in the account statement.
I see no transactions explaining deduction from my account.

This is how European banks work now...


Can't you move the funds out already?

I would have thought you'd be using a different bank now.

He'll be lucky if he ever gets those funds back, much less any time soon.
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
Today I've just found that my Laiki Bank account balance is $126450. Previously it was $128784 (as show in my first post).
Over $2K has just mysteriously disappeared without any record in the account statement.
I see no transactions explaining deduction from my account.

This is how European banks work now...


Can't you move the funds out already?

I would have thought you'd be using a different bank now.
hero member
Activity: 560
Merit: 500
Over $2K has just mysteriously disappeared without any record in the account statement.
I see no transactions explaining deduction from my account.

This is how European banks work now...

This should serve as a warning to everyone, everywhere.
donator
Activity: 784
Merit: 1000
Today I've just found that my Laiki Bank account balance is $126450. Previously it was $128784 (as show in my first post).
Over $2K has just mysteriously disappeared without any record in the account statement.
I see no transactions explaining deduction from my account.

This is how European banks work now...
hero member
Activity: 1778
Merit: 764
www.V.systems
Whatever problems exist in India is completely and totally irrelevant.

You have to BE here to see how 'international' things affect local businesses here and in turn local livelihoods.
hero member
Activity: 714
Merit: 500
Martijn Meijering
If Cyprus does not continue to maintain the fiction that it can repay all its bondholders then the ECB is technically bankrupt!

That may be true, but that doesn't mean they were responsible for the OP losing his money.
member
Activity: 89
Merit: 10
I was under the assumption all bitcoin users were self employed and dabbled in technology, not running all out mainstream businesses with employees, taxes, etc.

Quite an invalid assumption to make. We're involved with BTC (four core service products) and have employees, pay taxes, etc...
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
The OP had a small business, and was ripped off by his government, the ECB and its bankster cronies.

Not by the ECB, just by his government and its "bankster cronies".

The ECB is right at the centre of the Cyprus disaster, because its exposure is over $10bn, which is the paid-up capital of the Eurosystem. If Cyprus does not continue to maintain the fiction that it can repay all its bondholders then the ECB is technically bankrupt!
hero member
Activity: 714
Merit: 500
Martijn Meijering
The OP had a small business, and was ripped off by his government, the ECB and its bankster cronies.

Not by the ECB, just by his government and its "bankster cronies". And even then his government is culpable only to the degree that it was negligent in the oversight duties that it took upon itself (wrongly in my opinion).
hero member
Activity: 504
Merit: 500
Well that's down right fucked.
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