Iraqi Dinar Scam

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  • jcadwell
    SBR Sharp
    • 07-05-10
    • 475

    #1
    Iraqi Dinar Scam
    Just talked to two of my coworkers tonight who told me about how they invested some money in the Iraqi Dinar with the potential for it to turn into $1,000,000 USD in the future. Does anybody know anything about this? To me it sounds like the biggest investment scam out there.

    If an investment sounds too good to be true, it usually is.. i think?
  • onetrickpony
    SBR Hall of Famer
    • 08-23-10
    • 9434

    #2
    ITS CALLED GOOGLE

    For all those people who find it more convenient to bother you with their question rather than to Google it for themselves.
    Comment
    • BGboothA
      SBR MVP
      • 08-07-08
      • 4202

      #3
      Google is our friend
      Comment
      • Ian
        SBR Hall of Famer
        • 11-09-09
        • 6068

        #4
        Investing in a currency produced by a country with an unstable government sounds like once of the stupidest investment decision one could make.

        FWIW, I have a Saddam era Iraqi dinar note. I got it for free from a woman who volunteered as a doctor there about a year before the US invaded. The note was and is worthless due to inflation.
        Comment
        • treece
          SBR Hall of Famer
          • 11-28-07
          • 6298

          #5
          that saddam note isn't worthless. lot of people sell them on ebay.
          Comment
          • chemicalbrother
            Restricted User
            • 01-26-11
            • 4086

            #6
            anything that 'will turn into a million dollars' is a scam.
            Comment
            • milwaukee mike
              BARRELED IN @ SBR!
              • 08-22-07
              • 26914

              #7
              Originally posted by chemicalbrother
              anything that 'will turn into a million dollars' is a scam.
              this.

              unless you have a terrific job or make a huge bet on a small company, it's pretty tough to get to a million dollars
              Comment
              • djefferis
                SBR MVP
                • 08-16-08
                • 1188

                #8
                not the biggest scam, but its up there..
                Comment
                • stc1709
                  SBR High Roller
                  • 12-27-10
                  • 166

                  #9
                  there are alot of these that happen all the time
                  Comment
                  • tmorton
                    Restricted User
                    • 11-15-09
                    • 560

                    #10
                    I think that there are a lot better investment opportunities than this one... I would stay away!
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65084

                      #11
                      people think the same thing will happen in iraq that happened to kuwait
                      Comment
                      • pico
                        BARRELED IN @ SBR!
                        • 04-05-07
                        • 27321

                        #12
                        i want some saddam hussein dollars
                        Comment
                        • Ian
                          SBR Hall of Famer
                          • 11-09-09
                          • 6068

                          #13
                          Originally posted by treece
                          that saddam note isn't worthless. lot of people sell them on ebay.
                          It's probably worth more today in America than it was worth in 2002 in Iraq. It looks like most on ebay are going from between 50 to 99 cents.
                          Comment
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