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The Investment Scam That Refuses to Die

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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.

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Five minutes later…

Jan: Thank you very much for your patience...The value will remain the same as the whole monetary system will change....what you were able to buy for 3 million, you will now be able to buy for 300.000.

Me: but my 3 million that I bought previously would only be worth 300,000?

Jan: The value will not go down, it will remain the same.

Me: If this were a stock and I bought shares at 100 dollars after which I was able to buy the same shares for 20 dollars, that would mean that my investment tanked, no?


Apples and oranges, according to Jan.

Jan: Both currencies will remain in circulation during the time of exchange....we are awaiting more news from the CBI, and will notify all our customers once we do have some more information.

No positions in stocks mentioned.
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