Chicago Sun-Times
suntimes.com Member of the Sun-Times News Group
__________________________________________________ ___________________
Metro & Tri-State :: printer friendly » email article »
Dinar hasn't been served to investors in Iraqi cash
Some are hungry to get money back
February 19, 2007
BY STEPHANIE ZIMMERMANN Consumer Reporter
The pitch had just enough detail to make it sound like the next big thing: Buy Iraqi dinars over the Internet at a low price, wait for oil-rich Iraq to stabilize, and watch your investment soar in value.
The only problem was, the local company selling the Iraqi currency wasn't giving consumers anything, much less making their investment dreams come true, according to complaints to the Better Business Bureau of Chicago and Northern Illinois.
The bureau has logged 77 complaints about United World Exchange -- which also does business as www.usdinar .com -- from consumers in 31 states as well as in foreign countries who said they never received the dinars they paid for. Several complaints came from soldiers and civilian contractors in Iraq, said Steve Bernas, president and CEO of the local bureau.
Considered very risky
A reporter's call to United World Exchange's Oak Brook office Friday was disconnected, and a follow-up call went straight to voice mail.
Mark Johnson of Yorkville thought he'd done his research when he paid $805 for a million Iraqi dinars last June. The company said it was registered with the federal Treasury Department, and the customer service people answered all his questions.
"I thought it would be kind of a neat thing to invest in with some discretionary money," Johnson said.
He's still waiting for his dinars, and the company has stopped answering his calls and e-mails. "I've never been ripped off before," said Johnson, who's still hoping to recover his money.
Many companies and independent eBay sellers are peddling Iraqi currency online.
But investing in such currency is considered enormously risky. If Iraq's war continues, the value could drop even further. Also, most dealers and U.S. banks won't buy back the dinars.
[email protected]
CHICAGO SUN-TIMES :: Metro & Tri-State :: Dinar hasn't been served to investors in Iraqi cash
friends... i brouht my dinars from two websites 1 ) dinar trade dot com and safe dinar dot com! i got all my dinar with out any delay..! but please watch out for the cheeters. i am sure there are couple more other websites have happy customers but i personally knows this two only.. please do the research before you buy the dinnar though..!
Allan
NB : remember This is a long term Investment ...! So spend the money you can afford to loose {in a worst senario} but i am sure THERE IS 75% CHANCE THIS DINAR WILL CHANGE YOUR LIFE STYLE DRAMATICALLY..!
PLESE ALWAYS PREFER A CASH ON DELIVERY [COD] PAYMENT OPTION
Please visit our sponsors
Results 1 to 2 of 2
-
23-02-2007, 04:58 PM #1
- Join Date
- Feb 2007
- Posts
- 15
- Feedback Score
- 0
- Thanks
- 20
- Thanked 75 Times in 4 Posts
First Time buyers...! Watch Out...!
Last edited by allan777; 23-02-2007 at 05:05 PM.
-
Sponsored Links
-
16-03-2007, 10:00 PM #2
- Join Date
- Mar 2007
- Posts
- 1
- Feedback Score
- 0
- Thanks
- 0
- Thanked 0 Times in 0 Posts
I am new at the Dinear Investment and I have bought mine form safe dinear and dinar trade.com I just turned 20 and have heard a lot about them. So I decided to start investing in them. I currently have 1.5 million iraq dinars. I am going to try to keep investing in them.
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.