The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam

by **RamblerNash** Mon Jun 10, 2024 1:21 pm

Sekou Osei

Jan 22, 2014, 6:59:02 PM

to blackle...@googlegroups.com

The Craziness with the Dinar…
By
Malik Sekou Osei
January 14th, 2014

The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam Dinar-25000

The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam Dinar-25000

Let us begin with us begin with a quote of a scam artist by the name of Tony TNT Renfrow to understand the lying, fraudulent and infantile hype as con of people out of their hard earn money by the scam of the Iraqi dinar:

December 29th 2013 "Good morning TNT...I [just] received plenty of good news

yesterday and earlier this morning. So let me share some of it with you you rates

should show live in the US on Monday, they are high and remain high for XX xxx,

then start down."

December 27th 2013 "Intel Guru TNT Tony one of the biggest issues is the bond

are supposed to go live tomorrow in Iraq. No one knows how they can do that if

they don't have a public live rate? (its illegal to sell if they aren't public) Some

countries yesterday had on their TV that Global Currency Reset will happen today.

India is putting out and more [and more...] countries will do the same."

December 23th 2013 ...and last night it was suppose to go live, may be live right

now, but not announced yet. They can do it at anytime, including Christmas today!

December 21th 2013 Its going down...Meeting in Washington turned out to be in our

favor. Rate[s] is starting at $32.+. Release is scheduled for tonight [Saturday] and

some of us could exchange tonight. All of us are supposed to be exchanging tomorrow

morning.

December 20th 2013 [Hello...] Everything is done, all green lights. We just don't know

the time. [But] I am absolutely looking for it today. (what has to be noted is that Mr.

TonyTNT has said this for the last two years, get real...)

December 18th 2013 ...since that time I've gotten one UST source that they are doing

it together. The rate was absolutely released as an rate at 3.85. It is currently live in

Chile, Saudi Arabia, Israel, Australia, France, Belgium and Kuwait (nonetheless this

has happen all over the world and not one person word or post from not one person

on their new wealth...PLEASSSSSSSSSSEEEEEEE! and pass the Tums) Also the

same day ...As of today, right now [at] this moment, there is a live rate in Kuwait,

pushing it down to the banks so anybody can cash out, the same in Jordan, Dubai

and Saudi Arabia. its is live in Israel, Turkey, England, Australia and Canada but they

are holding the rates as requested by the US. We actually got confirmation this morning

that the UST was holding it, that they are blatantly lying to other agencies (one could

speculate that the same INTEL that was to tell Mr. TNT a year ago that the rates were

about to live so people could cash in, yeah right?...)

December 15th 2013 I just received info that the 800#s were ready to be released this

morning [Saturday] and they should be released sometime tomorrow [Sunday] if all goes

well tonight.

December 13th 2013 We've talked to every agency and everybody we've talk to this morning

have said this is it.

December 11th 2013 The only thing left is to make the announcement. We feel it's today

or tomorrow.

December 10th 2013 ll calls in the last 30 minutes minutes are saying that Santa has finally reached your zip code! I will let you know because I do believe we will have it in the morning!
December 8th 2013 I...believe in the contacts that I have. They have told me again today, that people were paid out yesterday and though they don't know each other, they all came with the same $32+rate (Looking at a needed note of observation, hasn't Mr. TNT contacts been pathetically wrong over hundreds of times?)

As we know, nothing has ever come to be materialize. At this point, I think it wise to leave this idiot subterfuge and if people still take this man serious, then one has to let people remain stuck on stupid...
As a lot of our lives are spend around the impositions of social scams and trying to get some space from them. Unfortunately living in the US is like living in a 24 hour infantile commercial. For a number of months, I have been telling a number of people not to put money into the Iraqi dinar and that the whole enterprise was just another scam. This scam was played on the internal radio bog by a number of people and one in particular “TNT,” who cries’ victim-hood when the currency never revalues as promised. While the horse manure of the scam is that the revaluation is more immediate less than a half-an-hour or in the next ten minutes and the radio person will release the 800 number to call, because they are in touch with the Iraqi central bank and in very close touch with the International Monetary Fund (IMF), and once they have the “word” to release the number to call the person on the other side with release the names of the banks that can transfer the Iraqi currency into millions of dollars into US currency.
        While, I heard of this back in May of 2013 and TNT was saying the revaluation was coming in the most immediate of times in a few hours or the next morning. Now it’s January 14, 2014 and nothing has happened as I knew it wouldn't.
         Well, let us begin in the beginning, the former head of the Iraqi state Mr. Saddam Hussein has passed and been buried a long time ago. But nonetheless, the speculation on Iraqi currency has grown and endured and stayed like a silly cartoon character of the unreal like Casper the Friendly Ghost that too many people have taken seriously, as a real financial investment.
        For about almost a year and a half, the Iraqi dinar has been the most new item of appeal of foreign currency operators that sale this article mostly on the Internet. However, the simple-minded triflement is not new. It’s the same “Amway” or other scams of financial independence that is always promised. The silly horse manure pitch goes like this: Hey, buy these dinars NOW, because we have information that the current government of Iraq are about to revalue their currency over %300 percent and you will be rich.”
       After listening to the silly and cartoon like hyperbolic pitches under the use of words like “sure to rise in value” and “this is more than essentially guaranteed.” While under capitalist currency speculation nothing is guaranteed and the country of Iraq has been gutted by foreign imperialist power. And thus its currency is ridiculously speculative and qualitatively erratic.
      I became involved by calls from a number of people from friends’ family and neighbors about this investment and a number of folks were trying to convince me to send for a large amount of Iraqi dinars. A number of folks were a little upset with me, when I had mention that I didn’t need Iraqi dinars, because I had a whole stack of cheap toilet paper of 3 for 99 cents.
      Now, we all should understand that all lies are not base on full lies they are based on half-truths. For the reasons that I would get from people who invested were pretty much the same. Now apparently the people who are selling this colorful toilet paper have convince people that the exchange rate will be “reset” in the very near future and that the value will go up by %300 percent. And the basis of this lie is this is what happened to Kuwaiti currency after the first Gulf War.
      I was more than aware of events with Iraq and Kuwait in the early 90s, while a number of people wanted to lecture me around what actually happen in the region and they became the one day expert on the Iraqi invasion of Kuwait and the eight year war of Iraq with Iran and everything that was told to me was just factually wrong. And people were asking me to help with tax havens and I would be paid once their money came through. I tried to explain I am an anti-capitalist historian of US policy in the Middle East and not a financial advisor. As I looked further into this scam a few people had begun to ask me where in invest their new windfall—as they were convince that they would gain in the excess of Millions—of dollars as the coming revaluation from the Iraqi central bank. The thing that bothered me was the fact none of the folks who called and E-mailed me had very little or none of capitalist financial knowledge. And one people share with me a view of boxes fill with Iraqi currency. But looking at the exchange rate and what folks were changed for the dinar they had brought the currency over %40 percent of market rate.
      What a lot of folks never figured out that if the Iraqi dinar was actually about to be reset and it value was about to go through the roof. Than if the people telling you this, than why are they telling you and selling the dinar to you, the person selling this special information would be more than likely are hoarding the currency and the information. What my one day experts never really sat through to understand is that the information has already been reflected in the current price. Then, if the market price does not move, then the larger market collectively does not believe that the dinar price will be reset.
      Now, here we can smell the stench of horse manure of this scam. For a lot of people don’t know that’s its illegal for anyone to “markets investments” without a security license. Now, what the scammers don’t usually don’t have securities licenses and how they get around this is by signing a form with the US Treasury Department and calling themselves a “money service businesses” and marketing the currency as a collectible, something to collect not as an investment. Thus this is so far away from the rigorous securities brokerage license, thus the discussion of the scammer is always vague and open ended.
      What the scammer never brings up that there is no active markets for the dinar, and the dinar does not trade on the more than highly regulated exchange market like the CME Group. What is never said is that you can buy a lot of dinars, but you will have a more than trying and hard time selling them. And to make your money back and at a profit you have to exceed the steep commissions charged by the operators.
       What has to be understood is the fact that Iraq is still facing a crisis currently and has been facing a crisis historically and still trying to keep their government together without the standing presence of the US army and having international forces respecting legally Iraqi solvency and thus open to investment from the west. As in most developing countries, the currency always is unlikely to appreciate quickly and this is also the case for Iraqi. Around the question of Iraqi currency the biggest crisis that Iraq has to face is inflation, which always devalues currencies. For while since the dinar value is so low in relation to major currencies the dinar must be “demonetized”, in other words, the Iraqi government must start over and issue a new currency at a new value, which in turn would make the current dinar worthless.
      As with what is normally the case, regulators move like molasses on a cold day, thus nothing is ever done to catch these bogus dealers. The best that anyone could do is look at the Washington State Department of Financial Institutions website(http://www.dfi.wa.gov/consumers/alerts/iraqi-dinar-scams.htm):
    Nonetheless a number of websites have begun advertising investment opportunities in the Iraqi dinar. What is being asked is that of people by these scam artists is that folks send a check, money order, or pay cash upon delivery of the dinars. What a lot of people don’t seem to understand is that the dinar can only be redeemed only back in Iraq, and most established currency exchange houses and banking institution cannot convert the dinar to US dollars, because there is no exchange rate or exchange between the Iraqi dinar and the US dollar.
     At this point what these scammers do is to simply register with the US Treasury as a Money Services Business (MSB). What has to be noted is that the MSB listing is nothing more than a file that the scammers fill out that does not reflect any experience in the trading in currency nor documentation of any qualification of the dealer, while the only thing that may do is show a basic anti-money laundering requirements. It is through this minimal registration that lends a symbol of legitimacy to their bogus scam and this is way to avoid a more stringent regulation.
     What these dinar scammers never say is that all these websites are operating illegally in Washington State without a currency exchange of money transmission license issued by the Washington State Department of Financial Institutions.
     As we look at this time in the Middle East, it seems that it will be a really long time before Iraq can pull itself together to bring itself to a functioning capitalist-based democracy through its oil wealth. In the capitalist world financial stability is the key to any currency market value. For without that it’s just the vehicle of the parasites of scams to the uninformed and vulnerable.
      For even now, the dinar scams of TNT are still saying that the Iraqi dinar is about to revalue in about an hour or two. It’s too bad at this late date that these walking pieces of horse manure in suits and computer radio blog times are actually given time to defraud people, but to be frank too many people have an emotional investment in these type of lies and after they have foolishly spend their retirement with these liars, thus one will never be able to explain the truth to them. For they live in the fantasy world of “positive thinking,” because they have the inability to confront the injustice in their live experience and see the only vehicle as being an entrepreneur within a failed system of life.
They see the likes of Amway as a real business or selling Nonie juice as a real business opportunity. This outlook always these people are open to scams that are hardly and unlikely to bring a real or material result. For these people have an emotional investment in illusions as their comfort zone of social practice. For even after all these months, nothing has come through and they still faithfully waiting to get the word to call a non-existing number, TOO BAD...

https://groups.google.com/g/blackleftunity/c/hln3sCVN7Gw

by **Mission1st** Tue Jun 11, 2024 12:26 pm

Exactly

The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam

The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam

Sekou Osei

Re: The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam