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After years of publicity surrounding Operation Atlantis, the J5’s own 2024 impact report identifies no EPB-related charges, convictions, tax recoveries, seizures, or proven money laundering. Its efforts to get OCIF to shut down my bank achieved nothing toward its stated mission. In fact, the report does not even mention Operation Atlantis by name. Instead, it states that Euro Pacific Bank “was at the centre of a global Day of Action by the J5 in 2020, as part of an investigation into suspected tax evasion and money laundering.” But it never claims that those suspicions were ever substantiated. Instead, it notes that “the Puerto Rico Office of the Commissioner of Financial Institutions suspended operations of the bank in June 2022 for breaching its capital requirements.” The report then boasts that “Hundreds of EPB account holders in J5 countries have been contacted and investigated because of the work of the group.” Yet nowhere in the report does it identify a single customer who was found to have done anything wrong or any additional tax revenue that was recovered. This is in sharp contrast to other investigations for which the report documents specific results. So the J5 devastated thousands of innocent depositors, cost employees their jobs, and destroyed my equity in the bank for nothing. Our rights and property were sacrificed for a publicity stunt that produced no identified law-enforcement result. https://t.co/bx2b0j3tbS