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TLDR for links: Scammers tell folks (mostly elderly) to invest in the Iraqi Dinar because it will appreciate and be worth millions of U.S dollars when in reality, they've been mostly worthless and continue to do be worthless with no sign of appreciating as well as the currency being banned in the U.S.
10 lis 2023 · Scammers argue that millions of dollars in profits are virtually guaranteed if an investor buys the dinars at today's values (1000 dinars to 1 US Dollar) and later converts the dinars back for dollars later in time once the dinar exchange rate has appreciated.
30 wrz 2024 · The largest concern, however, is the number of scams and frauds concerning the Iraqi dinar. U.S. state regulators have been warning since as far back as 2011 about currency “brokers” who ...
On February 7th 2024 the Iraqi central bank devalued the dinar to 1300 dinar=1 usd. They are putting investments to work to bring the exchange rate more in their favor. Including joining BRICS and using dinar not usd to buy/sell oil. The scam is over.
2 cze 2024 · 3. Scams and Fraud. The market for Iraqi Dinar is rife with scams. Unscrupulous dealers often take advantage of eager investors, selling counterfeit or overpriced currency.
The New Investment Scam Sweeping the Country – Buying the Iraqi Dinar. Sadly, everyone from Armed Service men and women, civilians, contractors and unwise investors are buying into this scam without understanding the real risks.
I've been focusing elsewhere from the Q beat for a while, but I'm doing a story on the survivability of the dinar scam after being contacted by someone whose parents are still throwing their money away waiting for the RV. If you've got someone in your life still buying dinars, doing dinar chats, etc, I'd love to ask you a few questions.
