An account given in writing

The following was given to us as a written statement in September 2026, covering events the person who wrote it places in 2025. It is reproduced in his own words.

His name and the details that would identify him have been withheld. He withheld certain exact amounts himself, and says why in the statement. Apart from the spelling of Mr. Pacquing’s name, which his statement renders several ways, and some trimming for length, the words are his.

I am providing this statement to document my personal experience involving Federico Pacquing and Pacquing Financial during 2025. I was originally introduced to Mr. Pacquing through a business partner.

From the beginning, Mr. Pacquing presented himself and his company as being involved in sophisticated, extremely large financial transactions. As these transactions were explained to me, Pacquing Financial was acting as a broker or intermediary facilitating the movement or transfer of substantial amounts of U.S. dollars, in some instances allegedly involving hundreds of millions of dollars. I was told that upon successful completion of these transactions, Pacquing Financial would receive a substantial percentage of the funds involved, sometimes represented to be approximately 10%.

Throughout 2025, I was repeatedly presented with situations in which Mr. Pacquing represented that a transaction was extremely close to completion but that additional money was urgently needed to satisfy a final requirement. The reasons given for needing additional funds included legal expenses, attorney fees, documentation, closing requirements and other expenses allegedly necessary to complete the transaction and release or transfer the underlying funds. These requests were frequently presented with tremendous urgency.

One particularly significant example occurred on a Friday when we were told that approximately $100,000 had to be provided by 6:00 p.m. that same day. The situation was presented as extremely time-sensitive to still get in on this opportunity. The window to be a part of it ended at the deadline represented by Pacquing. We were led to believe that without the $100,000 payment we would not be a part of the opportunity.

In exchange for providing this funding, extraordinarily large financial returns were represented to us. I am intentionally withholding certain exact amounts because I wish to protect my identity and confidentiality. However, there were circumstances in which investments of only several thousand dollars were represented as potentially producing returns many multiples of the original investment. In other instances, the represented returns were substantially larger.

In retrospect, the magnitude of these promised returns should have been a significant warning sign. At the time, however, there was an explanation that appeared to make the numbers possible: we were being told that the underlying transactions involved hundreds of millions of dollars and that Pacquing Financial stood to receive a substantial commission upon completion. Mr. Pacquing represented, in substance, that because our money was necessary for him to complete the transaction, he was willing and able to share a significant portion of his anticipated profits with those providing the urgently needed funds. That explanation made an otherwise extraordinary promised return appear more plausible.

This did not happen only once. Throughout 2025 there were numerous occasions involving what appeared to be substantially the same pattern. A major financial transaction was supposedly approaching completion, meaning the U.S. dollars were ready to be transported; once they arrived we would all get paid. We were told our funds were needed to pay for the transport of the money, to set up bank accounts, and for legal fees to set up other drop-off locations around the world. We were always told that only one or more final requirements remained. Additional money was urgently needed to satisfy those requirements. A substantial return was represented in exchange for providing that money. The anticipated completion or payment did not occur as represented. Another explanation, requirement or delay would then arise, and the anticipated payment would again be represented as imminent.

Eventually, a substantial portion of the communication centered on when the expected money would finally arrive. I was repeatedly given assurances that payment or completion was imminent — frequently that it could happen “tomorrow.” Tomorrow would arrive without payment. There would then be another explanation or delay, followed by another representation that the transaction was about to be completed. This cycle continued repeatedly: tomorrow, then another tomorrow, followed by another tomorrow.

Despite the repeated representations that substantial funds were on the verge of being released or transferred, the anticipated financial returns did not materialize for me. After an extended period of repeated assurances, postponements and anticipated payment dates, meaningful communication with Mr. Pacquing eventually deteriorated. Ultimately, he effectively stopped communicating with me. I was left without the financial outcome that had been represented to me and without a satisfactory accounting or resolution regarding what had happened to the money that had been provided.

I am providing this statement because, when viewed individually, each request for money could have appeared to be an unusual but legitimate business circumstance. When viewed collectively, however, I believe the repeated pattern is extremely important — urgent requests for additional money, extraordinary represented returns, explanations involving extremely large financial transactions, repeated representations that completion was imminent, continuing delays, and ultimately a breakdown in communication without the represented financial outcome.

I relied upon representations made to me when deciding whether to provide or participate in providing funds. Had I known that the transactions would not close within the represented timeframes, that the promised payments would repeatedly fail to materialize, or that communication would ultimately cease without a satisfactory resolution, I would not have made the same financial decisions.

I am prepared, where appropriate and subject to confidentiality considerations, to provide supporting documentation in my possession, including communications, payment records, wire or transfer information, dates, representations regarding anticipated transactions and payments, and the identities of other individuals who may have direct knowledge of these events.

Our note on this account

This is his account, not our finding. It was given to us as a written statement in September 2026 and is published with his name and identifying details withheld. He puts what he sent to Mr. Pacquing directly at more than $30,000. We have not verified it: his statement withholds exact amounts deliberately, he has given us no bank records for the sums he describes, and we have seen no independent evidence of non-payment. Where an account on this site has been checked against documents, we say so; this one has not been.

One thing we add because a reader should not have to find it out elsewhere. He did not take part as an individual investor putting in personal savings. The money he describes providing went in through a company he manages, under written agreements he signed himself, and he was therefore a party to the terms on which those extraordinary returns were promised — a point his own statement makes about the size of the returns but not about his role in agreeing them. His statement does not address that, and this paragraph is ours rather than his. If he responds, we will publish what he says.

This account is published as given. We have not independently verified it.

If you recognise any of this, or if you believe anything on this page is inaccurate, we would like to hear from you. Write to info@FPacquingInquiry.com or call or text (213) 734-4104; calls are recorded for quality purposes.