Peter Schiff(@PeterSchiff):50 months ago, when Puerto Rican banking regulators put my totally solvent bank into receivership, every customer could have withdrawn 100% of their deposits. But due to rampant corruption, only a tiny fraction have been repaid. Never open an offshore bank account in Puerto Rico.

Peter Schiff

@PeterSchiff

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Peter Schiff@PeterSchiff

2026.08.30 15:51

50 months ago, when Puerto Rican banking regulators put my totally solvent bank into receivership, every customer could have withdrawn 100% of their deposits. But due to rampant corruption, only a tiny fraction have been repaid. Never open an offshore bank account in Puerto Rico.

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