Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

8 - Dinar Indictments (9/20/2012) DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Dinar Indictments (9/20/2012)

Post new topic   Reply to topic

Go down

8 - Dinar Indictments (9/20/2012) Empty Dinar Indictments (9/20/2012)

Post by Sam I Am Thu Sep 21, 2017 3:14 am


8 - Dinar Indictments (9/20/2012) Huebner-Teadt-Emmenecker
"Removing Three Zeros"
Brad Huebner, Charlie Emmenecker, and
Michael Teadt doing the perp walk


Kudos to MrIQD for staying on top of this story for four months now.  Seems that three of the guys featured on my blog's banner have new photos on the internet, courtesy of law enforcement.  Brad Huebner, Charlie Emmenecker, and Rudolph Coenen have all been indicted on dinar-related charges.  Hopefully there are more indictments to come.  Today BGG dismissed this as "no big deal", "a little trouble", "a goofy article", and "tax trouble".  Folks these guys were charged with defrauding investors out of $23.8 million dollars in dinar sales and $700,000 from non-existent hedge fund seats.  I'd say that qualifies as a big deal.  Breitling said that it was about structuring, but there's a little more to it than that.  The article says they repeatedly made false statements to sell dinar.   If making false statements to sell dinar is a federal offense I have to assume there are more arrests coming.  And what Breitling failed to mention is that according to Brad Huebner, Breitling was part of their marketing team for LDHL (24 minutes in). 

I've been telling you for a year now that the dinar world is full of crooks.  This is just the latest example.  Of course they're all presumed innocent until proven guilty in a court of law by a jury of their peers.  Nobody wants to deny them their rights.  But this is the biggest development in the history of this blog, and will no doubt send reverberations throughout the dinar world.  Read the indictment in the pdf file below to see how a federal document completely debunks what gurus are saying about the dinar.

8 - Dinar Indictments (9/20/2012) COENEN,%2520RUDOLPH%2520MARTIN

Rudy Coenen mug shot
http://www.realscam.com/attachments/f12/1576d1348185792-bayshore-capital-investments-bh-group-bhgroup_indictment.pdf (Thanks to Real Scam for providing this.  I addressed some of the lies listed in the indictment in my post "Dinar 101 - From the BH Group")

http://www.toledoblade.com/local/2012/09/21/3-local-men-face-chargesof-defrauding-investors.html

http://jacksonville.com/news/crime/2012-09-20/story/ohio-indicts-jacksonville-man-iraqi-dinar-fraud-scheme#ixzz273uElQdC

http://www.13abc.com/story/19594414/local-men-charged-with-fraud-in-multi-million-dollar-scheme-to-sell-iraqi-currency

http://mriqd.com/2012/09/20/breaking-bh-group-brad-huebner-bayshore-capital-rudy-coehen-indicted-by-a-federal-grand-jury-for-fraud-schemes/#comment-89



9/21/12 UPDATE!!!   I've read through the indictment now and have had a day or so to reflect on this story.  Here are my observations.

The indictment states that the CBI has expressed their intent to redenominate, not revalue.  Printing new currency and removing three zeros will be done for the sake of convenience, and won't change the value of the dinar.  (Just like we've been saying.)  Therefore promoting the dinar investment based on the presumed upcoming revaluation (#8) is fraudulent. 
The indictment addresses the non-existent hedge funds.  This raises the question regarding other dinar gurus and dealers.  Does the post-RV product that they offer exist?  Is the post-RV service that they offer legit?  If the RV itself isn't legit as stated in the indictment it would be hard to imagine a post-RV product or service being legit.  So anybody using a special cash-in deal as incentive to buy into anything has to be rethinking that idea right about now.  Or any tax avoidance plan or any scheme to move revalued IQD out of the country to avoid taxes.  It will be interesting to see these guys revamp their dog and pony shows now. 
The indictment states that EO13303 says nothing about the right to invest in the dinar, but refers to protection of the DFI.  This is also a point that many of us have been making for some time, and we now have official confirmation. 
The indictment states that the US Treasury only holds a nominal amount of IQD for daily transactions.  Now we have evidence that they hold no IQD for investment purposes.  We've been saying all along that there is no evidence that the UST holds any dinar for any upcoming RV, but for some reason we were never quoted on Dinar Recaps, Dinar Guru, or Dinar Daddy.  Wonder why? 
The indictment addresses Rudy's false claims about his background.  This raises the issue of gurus/dealers lying about their backgrounds in order to sell dinar, dinar services, dinar related products, or any other investment related product.
The indictment mentions repeated lies told by the accused to sell dinar.  Anybody selling or pumping dinar for a dealer has to now realize that they could be the next ones doing the perp walk.  Review the page "Forum Facts" to see what lies they've been telling.
The indictment reveals that an undercover agent bought dinar from Michael Teadt in May of 2011, so we know that the feds have been working undercover on the dinar case for over 16 months now. 
This is a good day, indeed.  We now know for a fact that the authorities weren't ignoring the situation.  They were just taking their time to build an airtight case.  My hope is that their intent was to make it so bleak for these guys that they will reveal everything that they know about the other douchebags in order to get reduced sentences, in which case I will have other arrests to report.  We can only hope.

http://dinardouchebags.blogspot.com/2012/09/dinar-indictments.html

*****************
Busting Gurus Since 2011

Sam I Am
Sam I Am
GURU HUNTER
GURU HUNTER

Posts : 1741
Join date : 2016-01-21

View user profile http://www.jewandgreek.com

Back to top Go down

8 - Dinar Indictments (9/20/2012) Empty Re: Dinar Indictments (9/20/2012)

Post by ChrisB Thu Sep 21, 2017 10:17 pm

rudy died n prison  from what I remember

ChrisB
Active Member
Active Member

Posts : 41
Join date : 2011-06-18

View user profile

Back to top Go down

8 - Dinar Indictments (9/20/2012) Empty Re: Dinar Indictments (9/20/2012)

Post by Purpleskyz Fri Sep 22, 2017 12:57 am

:tup:

*****************
Out Of Mind
www.oom2.com
8 - Dinar Indictments (9/20/2012) 22455070998 - Dinar Indictments (9/20/2012) 2245507099
Purpleskyz
Purpleskyz
Admin
Admin

Posts : 5629
Join date : 2011-08-16
Location : Woodstock Nation

View user profile

Back to top Go down

8 - Dinar Indictments (9/20/2012) Empty Re: Dinar Indictments (9/20/2012)

Post by Sam I Am Fri Sep 22, 2017 1:35 am

Yeah, Rudy died in prison in April of 2015. Teadt got two years probation and a fine. Charlie got two years and nine months in prison so I'm assuming he is now free. Brad got seven years, so as far as I know he's still rotting away in prison.

*****************
Busting Gurus Since 2011

Sam I Am
Sam I Am
GURU HUNTER
GURU HUNTER

Posts : 1741
Join date : 2016-01-21

View user profile http://www.jewandgreek.com

Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum