Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» I am too pretty for math, but....
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» Go Russia
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeSat Jun 08, 2024 5:20 am by Dorotnas

» The Fundamentals of Finance and Pimpy Live
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar

2 posters

Go down

CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar Empty CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar

Post by Ponee Tue Sep 03, 2019 10:27 am






Inside a $24 million investment scam: Buy the Iraqi dinar
Andrea Day | @AndreaDay CNBC
CRIME AND PUNISHMENT
a group of men behind an Iraqi currency scheme created a pitch that included war hero tales to lure potential investors.

"You have someone who is out there ... who is soliciting millions and millions of dollars from people just making stuff up," said Steven Dettelbach, U.S. attorney for the Northern District of Ohio.

The opportunity was pitched as a way to profit from a nearly worthless Iraqi dinar. Scammers promised profits were nearly guaranteed if investors bought dinars at today's values, and then exchanged the dinars back for dollars at a later date once the dinar exchange rate presumably improved.
Investors bought the currency through the firm BH Group, which charged a 20 percent markup on average, according to prosecutors. Some of the scammers also touted false military achievements, prosecutors say.

By the time the scheme unraveled, federal officials say victims handed over nearly $24 million to the con men for the Iraqi currency they thought would make them rich.

link to CNBC
http://www.cnbc.com/2015/01/15/inside...

Andrea Day
https://twitter.com/AndreaDay

*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar Empty Re: CNBC News VIDEO -- Inside a $24 million investment scam: Buy the Iraqi dinar

Post by Captain259 Tue Sep 03, 2019 4:10 pm

------------AND HERE YOU HAVE IT------------DINAR UP THE ASS AND IT'S USELESS---------I THINK ALL THESE GURU'S SHOULD BE IN JAIL------------------ESPECIALLY THOSE WHO CONTINUE TO PROMOTE THIS SCAM-------------------------I BET SOME OF THESE GURU'S HAVE DINAR UP THERE POOP SHOOT--------------

Captain259
VIP Member
VIP Member

Posts : 397
Join date : 2015-05-27

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum