Following the newspaper advertisements featured in USA Today and other major US papers, the favorite Iraqi Dinar scam has transferred to a different country. When you thought it was safe for its US-based investors, with all the warnings lately published by major media sources, the natives have found yet another nation ripe for profit. Find out more details about Iraqi dinar via https://www.dinarinc.com/buy-dinar.
10,000 Iraqi Dinars selling at B$ 110 was the name of a recent advertisement than conducted in a Brunei newspaper. And folks are jumping on it like mad. Rumors are the vendors have run out of inventory in less than 1 week.
How could this be possible? Since they do not know better. Ordinary people, people exactly like you and I read about this new investment in a paper they trust. The ad is claiming they are sitting on a pot of gold, along with the Iraqi Dinar is going to leap in value big time.
They begin dreaming about fast riches. They swipe their wallet out faster than the blink of an eye and hand their hard earned money to the scammers.
This implies at the exchange rate determined by the Central Bank of Iraq individuals could, in theory, get close to 100,000 Iraqi Dinars for the identical BND 110. This is nearly TEN times more the amount the scammers are selling it for.
If they wake up later on and try to market the dinars back they are in for a big surprise. They can't. Nobody is buying Iraqi Dinars. There is no way for them to recuperate at most 1/10 in their investment except if they're willing to go to Iraq to cash it in.