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The Investment Scam That Refuses to Die


When a sales pitch begins with, "I'd like to explain to you why the Iraqi Dinar is not a scam," it's...a scam.

MINYANVILLE ORIGINAL When a sales pitch begins with, "Hello, my name is John Vallee and I'd like to explain to you why the Iraqi Dinar is not a scam," it's…a scam.

But, would-be currency arbitrageurs can't seem to resist something for nothing. Recently, the Better Business Bureau (once again) alerted consumers that it has been "fielding an increasing number of complaints about investment scams involving purchasing Iraqi Dinars."

There is nothing inherent to the Dinar itself that makes it a "scam." If one happens to be traveling to Iraq, Dinars will be very useful. As an investment, however, the Dinar is really nothing more than a souvenir.
No positions in stocks mentioned.
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