Monopolizing The Currency Market By Creating Multiple Blogs and Forums Which all Link Back To A Master Forum. This generates add revenue for the Master forum. Most of these sites are flagged for unethical as well as illegal activitity including Wire fraud, Mail fraud, and Violations Committed under the unlawful sales of securities pursuant to 11 51 301
One of many more lawsuits under investigation ... http://www.dora.state.co.us/securities/pdf_forms/enforcement/amiraq-verified-petition.pdf
Data Being collected @ http://www.iraqidinarmoney.com/theiraqidinar/
Saturday, October 15, 2011
Thursday, October 6, 2011
Colo. Tells Firm To Stop Promoting Investments In Iraqi Dinar
October 6, 2011
Colo. Tells Firm To Stop Promoting Investments In Iraqi Dinar
DENVER -- A company selling investments in Iraqi money has been ordered to stop by the state of Colorado.
The cease and desist order is for AmIraq Fund, LP, its general partner, BB&M International Corporation, and the managing director and CEO of both, William Burbank, all of Coronado, Calif.
The AmIraq Fund sold investors on buying Iraqi dinar by saying the dinar is currently undervalued, Iraq has great long-term potential and that the dinar will recover post-war, officials said.
Colorado investors were offering one million dinar for $975, securities officials said. The funds were to be held in an Iraqi bank.
"Promoters often offer investors an opportunity to get in on the ‘ground floor’ of a new idea or concept and make a great economic return,"
Securities Commissioner Fred Joseph said. "Unsuspecting investors can be lured into these schemes, especially if the returns sound good. These offerings require careful research and a strong reminder that if it sounds too good to be true, it probably is not true, nor will it be profitable to anyone but the promoter."
Colorado officials alleged that Burbank was offering securities and that he failed to register its security offering.
Burbank agreed to obey the cease and desist order, but neither admitted to nor denied the allegations, state officials said.
link
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Colo. Tells Firm To Stop Promoting Investments In Iraqi Dinar
DENVER -- A company selling investments in Iraqi money has been ordered to stop by the state of Colorado.
The cease and desist order is for AmIraq Fund, LP, its general partner, BB&M International Corporation, and the managing director and CEO of both, William Burbank, all of Coronado, Calif.
The AmIraq Fund sold investors on buying Iraqi dinar by saying the dinar is currently undervalued, Iraq has great long-term potential and that the dinar will recover post-war, officials said.
Colorado investors were offering one million dinar for $975, securities officials said. The funds were to be held in an Iraqi bank.
"Promoters often offer investors an opportunity to get in on the ‘ground floor’ of a new idea or concept and make a great economic return,"
Securities Commissioner Fred Joseph said. "Unsuspecting investors can be lured into these schemes, especially if the returns sound good. These offerings require careful research and a strong reminder that if it sounds too good to be true, it probably is not true, nor will it be profitable to anyone but the promoter."
Colorado officials alleged that Burbank was offering securities and that he failed to register its security offering.
Burbank agreed to obey the cease and desist order, but neither admitted to nor denied the allegations, state officials said.
link
and more links
