The FBI has setup a website for anyone who has purchased the Iraqi Dinar due to claims of a revaluation.
As far back as 2010, individuals known as dinar gurus, were telling people to buy IQD because of a possible revaluation. This, as of June 20, 2015, has still not materialized. Back in March of 2015, the Central Bank of Iraq (CBI) stated that they would be removing the 50 Iraqi Dinar banknotes from circulation by May 1, 2015. The dinar guru sites did not predict this move, further removing what little credibility they had.
Below is a short video explaining the 50 Iraqi Dinar removal and the dinar guru reactions:
Link to the video: Dinar Guru Predicts News – 50 Dinar Removal and More
Below are the actual court documents for the case being investigated at this time. The court case can be found by searching for Case 1:15-cv-02032-LMM. Occasionally, the LMM suffix is removed from the court case.
TerryK The Get Team Dinar Guru Exposed
On June 3, 2015, TerryK acknowledged during an interview with the Federal Bureau of Investigation (FBI) that he had fabricated source information on GET Team online postings and conference calls.
Also, here is a press release about the Iraqi dinar scam.
I’m starting to think that the problem is that most of these dinar guru guys are on drugs, how else could they be so ignorant?
I didn’t want this post to sound like a rant, I am trying to understand why these IQD experts are saying what they are saying. It’s all about the money, always has been, always will be. Here is what you can gather from this article, I really want you to consider contacting the FBI if you feel that you were led to buy Iraqi Dinar because of the scams the gurus pulled on you. Hopefully, you didn’t get scammed and you are just reading this because you perhaps know someone who was ripped off.