RANT! Snoopy discusses the Swiss Franc event & Hack Guru Lies!

TGIF Dinarians,

Wow, it has been an EXCITING week – not only did we finally see Iraq’s Parliament finish reading for the 2nd time the Budget, with an announcement that they will vote and pass it next Tuesday, Jan 20th, but in addition to that we saw the Swiss Franc un-peg their currency from the Euro, which caused a lot of shock and excitement in Europe!

Well, today we have our friend Snoopy to talk a little more… Ok, RANT! a little more about how the event with the Swiss Franc just proves what we have been saying about those Hack Gurus…. ENJOY!

Rant!Mr. IQD:

This comment is regarding your response to the recent news about the Swiss Franc, the IMF not knowing about it before it happened and strangely why maybe the Hack gurus really don’t know what’s going on!

Your point you make is well taken and that has been my concern all along with these ones who are better known in Dinar land as “Hack Gurus” or as I like to call them “Dime-store Dinar Slingers”.  These same Dinar Slingers, who claim they have privileged inside information that the rest of us don’t is such an absolute farce.  Unfortunately, their making it public about their connections to the 3-letter agencies is incredibly hilarious and if it weren’t hurting so Continue reading

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NOTICE!!! SEC CHARGED HIM WITH PONZI SCHEME!!!

Bitcoin Accepted Here [by freeborn]

THIS STORY IS NOT FROM THE HACK GURUS IN THE DINAR COMMUNITY – BUT IT MIGHT AS WELL HAVE BEEN!!!

JUST REPLACE “BIT COIN” WITH “IQD” AND IT SHOULD BE ANOTHER EXCELLENT EXAMPLE OF HOW EASILY “SMART” PEOPLE GET SCAMMED!!!

~ #MrIQD

EXCERPT FROM WIRED.COM

On Tuesday, the Securities and Exchange Commission (SEC) charged Continue reading

Beware of These Top 10 Investment Scams (Updated List for 2011/2012)!!!

HAT TIP: Ric Edelman (Education / Investing Your Money)


Beware of These Top 10 Investment Scams – Follow your nose. If an offer smells fishy, it’s probably bad.  Updated December 2011

Recent worries about the economy, coupled with poor investment performance, have caused some consumers to swear off traditional, well-known investments in favor of others that offer promises of higher returns and lower risks. But be careful: Many of those investment offers are actually frauds, and you’ll lose all the money you spend on them.

To help you avoid getting ripped off, the North American Securities Administrators Association offers the following “Top 10” list of investment scams. If you’ve invested in any of these, talk with us or your state securities regulator right away.

Products
1. Distressed real estate schemes. Investment pools targeting distressed property are increasingly popular with con artists. Do your homework before investing in properties that are bank-owned, in foreclosure, pending short sales or otherwise in distress. Just like other securities, real estate ventures must be registered with state securities regulators. [Breitling had ought to relate to this scam – right??? LOL!!!  Did you see our two posts on this? LINKS:  POST 1  and  POST 2  ]

2. Energy investments. Swindlers tout the mystique of untapped oil and gas reserves and bountiful production. Even genuine oil and gas investments bear a high degree of risk. Understand that you could lose your total investment, even in legitimate ventures. Energy investments tend to be poor alternatives if you are seeking income in retirement.

3. Gold and precious metals. Higher prices and the promise of an ever-appreciating “tangible” asset have lured the unsuspecting into a variety of scams. Many recent ones are variations on old themes — like a promoter seeking capital for extraction equipment to reopen a long-dormant mine in exchange for a full refund plus interest and a stake in the mine. In another case, operators claimed to have special coins or nuggets they would store or trade for investors in special markets for high profits and returns.

4. Promissory notes. Unregistered or fraudulent promissory notes give a false sense of security with promises or guarantees of fixed interest rates and safety of principal. However, even legitimate notes carry risk. Most promissory notes and their sellers must be registered with state securities regulators. Such notes often are covers for Ponzi schemes and other scams. Check with your state regulator.

5. Securitized life-settlement contracts. Legitimate life-settlement contracts involve a high degree of risk; investors may be responsible for routinely paying costly premiums for people who outlive their life expectancies. Now crooks are embracing new schemes to deceive even cautious investors into believing that contracts with added securities such as bonds are safe. Many have left victims holding worthless paper. Practices

6. Affinity fraud. Marketing a scheme to members of a particular group continues to be lucrative for Ponzi scheme operators and other fraudsters. The elderly or retired and religious and ethnic groups are common targets because scammers rely on trust. Examples: A member of a large Amish community recently bilked his brethren of millions of dollars in an investment scam. And a trusted officer of a Croatian credit union was accused of stealing members’ deposits over several years.

7. Bogus or exaggerated credentials. These are used to imply special expertise or training in advising senior citizens on financial matters. Despite laws in 29 states to curb the practice, there is an increase in the use of bogus credentials or designations such as nonexistent law degrees or CPA certificates and expired or nonexistent CRD numbers. Always press for full disclosure and the meaning behind all designations, and check to confirm with your state regulator.

8. Mirror trading. This scheme is promoted as an automated trading platform that ensures you will participate in real-time transactions placed or executed by a skilled and knowledgeable third party. Supposedly, whenever that party executes a trade, the same trade is mechanically placed in your account. Be cautious. Continue to objectively evaluate all new investment platforms.

9. Private placements. A federal rule that provides filing exemption for private placement offerings has been used by unscrupulous promoters. This year U.S. and Canadian authorities convicted three people of criminal fraud related to the sale of $33 million in oil and gas private placement offerings. The defendants claimed the securities were exempt from registration under Rule 506. They organized their company in the Bahamas, sold the securities from a boiler room in Ontario, and told investors the company was located in Kentucky.

10. Advice from unlicensed agents. Complaints are on the rise about unlicensed salesmen, such as insurance agents, who give investment advice or make securities transactions. Recommendations often turn out to be unsuitable or put investors in underperforming products or those with hidden fees or long lockup periods. Insist that anyone giving you advice produce a proper license. [Brad Huebner / BH Group should be able to “relate” to this one, did you see our post about him pushing that crappy LDHL Penny Stock scheme?  LINK ]


DO YOU KNOW OF A SCAM GOING AROUND THAT NEEDS TO BE EXPOSED, LET US KNOW ABOUT IT USING OUR ANONYMOUS FORM:

UPDATE – Avoiding Cons & Scams – Private Investigator Resources!

Hello Dinarian Friends,

Wow is all we have to say to the overwhelming positive responses we have received regarding our recent post:

WARNING!!! The Art of the Grifter & Con Man – Are You Being Scammed out of your IQD? Here’s How To Tell…”

Many of us Dinarians have voiced support for the idea of using a Private Investigation Firm to first check the background of a “Hack Guru” (i.e. Blaino; Brad Huebner / BH Group; Breitling; Hammerman; or Rudy Coenen / Bayshore Capital) BEFORE we invest any money with them, or any more money with them – ESPECIALLY AFTER THE RV HAPPENS!

Just remember, especially after the RV, we all will be hit up by various schemers and con artists with various schemes and scams.  In the article, we highlited the family that spent over $100,000.00 USD on a “bait-n-switch” hotel scheme – had they first spent a few thousand dollars paying a Private Investigation Firm to do background checks on the men who were purportrating the scam, they would still be holding their $100,000.00!!!

Well, we wanted to make a quick “go to” resource for you to easily find National and International Private Investigation Firms, here are some that we found:

ASG – Advanced Surveillance Group, Inc. – LINK

Cole Investigative Agency – USA and InternationalLINK

CSC – Creative Security Company – LINK

ICS – International Counterintelligence Services – USA and InternationalLINK

Kreller Group – USA and InternationalLINK

NAPI – National Association of Private Investigators – LINK

National Investigation Bureau Inc. – USA and InternationalLINK

National Investigators – LINK

PIU – International Private Investigators Union – Discussion Forum – LINK

Pinkerton – Consulting & Investigations – USA and InternationalLINK

PI Magazine – National Investigator Associations – LINK

Private Investigators – Local Private Detective ListingsLINK

Rominger Legal – LINK

The World Protection Group, Inc. – USA and InternationalLINK

TIG Investigation Services – LINK

NOTE:  We don’t personally recommend any one firm, and we recommend you use your own due diligence and interview several firms before going with any one firm.

Remember, if/when the RV finally happens, you will only have one chance with this blessing to finally bless yourself and your family.  Don’t let a con artist scam you out of this blessing – he or she certainly does not deserve your money and dreams!  Please, don’t be afraid to spend a couple of dollars to have them professionally investigated and checked out BEFORE you hand over any of your money!

~ Mr. IQD

SCAM ALERT: Flipping [Real Estate] Frenzy Scam!!!

HAT TIP:  American Greed – CNBC

[SEE THEIR WEBSITE FOR FULL ARTICLE, ~ OR ~ CLICK HERE TO WATCH THE PROGRAM]


Case File:  Flipping Frenzy Scam

Accelerated Funding Group
Jeanetta Standefor runs Accelerated Funding Group. The company claims to use investors’ funds to save homeowners from foreclosure. But while clients think they’re helping people stay in their homes… Standefor is helping herself to millions!

The Con
Standefor convinces clients their cash is rescuing homeowners from foreclosure. She targets inexperienced investors and appeals to their sense of altruism. Her charisma lends credibility to her unrealistic claims. Her pitch sounds too good to be true… and it is.

Living the Good Life
Jeanetta Standefor is living the high life. She uses investor money to buy diamonds, tickets to the theatre and sporting events. She even uses the money to pay for her wedding and a plush honeymoon. But the lavish celebration hides a harsh reality. AFG is crumbling.

End Game
In 2007, the real estate market is tanking and so is AFG. Standefor has been running a scam and bilked hundreds of investors in three states. The Securities and Exchange Commission opens an investigation.

American Greed profiles an $18 million dollar ponzi scheme!

[SEE THEIR WEBSITE FOR FULL ARTICLE, ~ OR ~ CLICK HERE TO WATCH THE PROGRAM]

Jeanetta Standefor | The Con Man
Jeanetta Standefor
The Con Man
Ann Kim | SEC Attorney
Ann Kim
SEC Attorney
Poppi Crowder | The Victim
Poppi Crowder
The Victim

 

FRAUD and PONZI SCHEME ALERT IN THE FINANCIAL PLANNING INDUSTRY! – PLEASE SHARE NOW!

HAT TIP:  Anonymous Email (from a high level Broker in the Financial Planning Industry)


We wanted to republish this article about WSG merging with Transamerica, not because we want to bore you with this kind of news!

Really, what caught our eye, was the facts listed in the third-to-last paragraph, pointing out that LICENSED FINANCIAL PLANNERS are committing FRAUD and PONZI schemes!!! 

You must ALWAYS be careful with whom you invest with, and hire as your financial planner.  Our best rule-of-thumb advice is interview several people from several companies, and pick a few people to work with, splitting up your investments – just in case one of them is a crook!!!  PLEASE SHARE THIS ARTICLE!  🙂

~ Mr. IQD 


Insurance B/D to Shutter, Transfers Reps to Transamerica

Apr 18, 2012 12:00 PM, By Diana Britton

World Securities Group tops the list of broker migration in the first quarter of 2012, terminating its FINRA filings and merging with Transamerica Financial Advisers.

Insurance broker/dealer World Securities Group (WSG) has merged its operations with Continue reading