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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 ...
However, buying the Iraqi dinar is very unlikely to result in a profit – the currency is facing low liquidity and the possibility of redenomination. Iraq Dinar investors are often targeted in scams that are trying to convince them to invest in IQD without letting them know about its pitfalls.
2 cze 2024 · Finding buyers or sellers can be challenging, which can make it difficult to liquidate your investment quickly if needed. 3. Scams and Fraud. The market for Iraqi Dinar is rife with scams.
29 sie 2024 · The Iraqi Dinar scam targets a broad range of individuals, but certain demographics are particularly susceptible. The scam is especially appealing to those who are financially insecure, such as retirees, low-income earners, or individuals facing economic hardship.
And there is the scam: The scam artists sell Iraqi Dinars to suckers based on the false story that the Iraqi Dinars are about to become very valuable, when they are not.
16 lis 2012 · His customers are U.S. mom-and-pop investors - teachers, police officers, and construction workers. He also sold dinars to many U.S. soldiers coming back from Iraq.
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.
