Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

BBB Names Top Ten Scams of 2013


boomer113189
 Share

Recommended Posts

2 - 11 - 2014

 

BBB news release) Every year, Better Business Bureau receives thousands of calls and emails from consumers who have been scammed. … or from the lucky ones who have dodged scams by being wary.

Some scams are widespread, getting a lot of people for small amounts. Others are more narrowly focused, but take people for thousands or tens of thousands of dollars. The Federal Trade Commission’s Consumer Sentinel Data Book estimates that Americans lost $1.4 billion to scams in 2012.

 

Foreign Currency Scam – Investments in foreign currency can sound like a great idea, and scammers frequently use real current events and news stories to make their pitches even more appealing. They advertise an easy investment with high return and low risk when you purchase Iraqi Dinar, Vietnamese Dong or, most recently, the Egyptian Pound. The plan is that, when those governments revalue their currencies, increasing their worth against the dollar, you just sell and cash in. Unlike previous hoaxes, you may even take possession of real currency. The problem is that they will be very difficult to sell, and it's extremely unlikely they will ever significantly increase in value.

 

http://goo.gl/3hmHzI

  • Upvote 2
  • Downvote 2
Link to comment
Share on other sites

"....Iraqi Dinar, Vietnamese Dong or the Egyptian Pound...."

 

Pound that Dong and buy more Dinar :lol:

lol king.  If you have another countries currency and it already has value how is buying it and holding it a scam?  Banks already nuy and sell dong.  We are just waiting for the dinar to follow suit.  I wonder if other countries tell their people "Don't buy USD because it is a scam and you won't ever be able to sell it". Lol.  BBB = Blah Blah Blah.   I'm a big boy and if I want to buy dinar and dong and hold on to it, I will.  I never expected it to be an overnight sensation.  The people at the BBB are probably holding it themselves.  

Link to comment
Share on other sites

lol king. If you have another countries currency and it already has value how is buying it and holding it a scam? Banks already nuy and sell dong. We are just waiting for the dinar to follow suit. I wonder if other countries tell their people "Don't buy USD because it is a scam and you won't ever be able to sell it". Lol. BBB = Blah Blah Blah. I'm a big boy and if I want to buy dinar and dong and hold on to it, I will. I never expected it to be an overnight sensation. The people at the BBB are probably holding it themselves.

The scam is selling on the premise of making money off buying these currencies when you wont and you most likely will lose money in the end....

  • Upvote 2
  • Downvote 3
Link to comment
Share on other sites

The scam is selling on the premise of making money off buying these currencies when you wont and you most likely will lose money in the end....

I agree, but nobody knows that we will never make money.  I still feel like we will.  They need to start labeling casinos as a scam.  I always invest in them cause they make me think I will win.  Life is a gamble/chance, but we don't hide.  We try to make the best of it.  Sometimes we suceed and sometimes we fail.  Same as investments.

  • Upvote 3
Link to comment
Share on other sites

lol king.  If you have another countries currency and it already has value how is buying it and holding it a scam?  Banks already nuy and sell dong.  We are just waiting for the dinar to follow suit.  I wonder if other countries tell their people "Don't buy USD because it is a scam and you won't ever be able to sell it". Lol.  BBB = Blah Blah Blah.   I'm a big boy and if I want to buy dinar and dong and hold on to it, I will.  I never expected it to be an overnight sensation.  The people at the BBB are probably holding it themselves.  

 

If your intent was to buy dinar and, most likely, lose 20+% of your money, then you were not scammed.

 

If you bought dinar thinking you might 10x or 100x or 1000x or 30000x your money, you were scammed.

 

Pretty simple distinction.

I agree, but nobody knows that we will never make money.  I still feel like we will.  They need to start labeling casinos as a scam.  I always invest in them cause they make me think I will win.  Life is a gamble/chance, but we don't hide.  We try to make the best of it.  Sometimes we suceed and sometimes we fail.  Same as investments.

 

Is a slot machine that is mathematically programmed to never pay out anything a scam?

  • Upvote 3
Link to comment
Share on other sites

You Can't Fix Stupid: The Iraqi Dinar Scam Lives       Update

 

31 January 2014

Another month, another million or so new rumors of imminent riches for Dinar investors. Where to these rumors come from? Scam artists mostly, either trying to sell Dinars to new suckers, or trying to keep the old suckers thinking they made a good investment. “Hey, just keep turning your magic bean jars, and soon you’ll be turning over the ignition to a huge yacht!”

Heck, there’s not even any real news this month about the Dinar, just rumors and more rumors. Some rumors on any given day say the Big RV will come tomorrow, while other rumors say that it is only coming “soon” without elaborating whether that term is to be measured in the human sense, or within the temporal relativity of the Universe. I’m guessing the latter.

Congressman Bennie Thompson has warned suckers not to buy the Dinar, read more here – xxxxxxxxxxxxxx

There is also this cool new article, “Iraqi Dinar Revaluation Scam: Exposed” at xxxxxxxxxxxxxxxxxxx

And always a good site to visit – xxxxxxxxxxxx

With that, so long until next month, when I will be able to report on absolutely nothing happening with the Iraqi Dinar, again.

 

http://goo.gl/Umd3J5

Edited by Bumper64
removed dinar site links
  • Upvote 1
Link to comment
Share on other sites

The better business bureau is a scam itself

Don't trust them

http://bbbscam.net

BBB Selling Grades?

Does the Better Business Bureau (BBB) Sale their Ratings?

Steve Cox, the President of the Better Business Bureau, claims that the BBB made a plain and simple grading mistake when it comes to certain companies having top-ratings with the BBB. It seems, through ABC News’ research, that nearly 100% of business that are paying members of the BBB receive at least a B or higher rating. Research has also showed that the companies that are non-paying members hold lower grades of C-minus and below.

Better Business Bureau Scam Video

Do Members of the BBB Get Better Ratings than Non-Members?

ABC News covered the Better Business Bureau scam exclusively and even interviewed the President, Steve Cox, of the BBB with questions about their rating system. A lot of questions arise after reading and viewing some of the things the Better Business Bureau has done over the past few years with companies, and this leads many people, and businesses, to believe that the BBB membership is a scam for money to pay the board members their 6-digit salaries. Steve Cox, alone, makes over 400 thousand dollars a year!

Figures a lopster would use a con organization to back up their story's

Edited by dontlop
  • Upvote 2
  • Downvote 2
Link to comment
Share on other sites

If your intent was to buy dinar and, most likely, lose 20+% of your money, then you were not scammed.

 

If you bought dinar thinking you might 10x or 100x or 1000x or 30000x your money, you were scammed.

spot on!

Even the better business bureau doesn't say it's not going to happen

They say its extremely unlikely

They stop short of saying it won't happen because they don't know

Only the lopsters know

because its impossible. thusly why its called a scam. calling deleting three zeroes a 1:1, 100,000% increase, is a scam. its can be totally eliminated as any chance of possibility, all by economic principles.

spot on!because its impossible. thusly why its called a scam. calling deleting three zeroes a 1:1, 100,000% increase, is a scam. its can be totally eliminated as any chance of possibility, all by economic principles.its not the lopsters, its the economic proof

Even the better business bureau doesn't say it's not going to happen

They say its extremely unlikely

They stop short of saying it won't happen because they don't know

Only the lopsters know

the dinar can obviously gain value. but there will never be some massive rv of the dinar. it started at 1500:1 its at 1166, and the market/ street rate cant meet the pegged 1166.
  • Upvote 1
  • Downvote 1
Link to comment
Share on other sites

The better business bureau is a scam itself

Don't trust them http://bbbscam.net

BBB Selling Grades?

Does the Better Business Bureau (BBB) Sale their Ratings?

Steve Cox, the President of the Better Business Bureau, claims that the BBB made a plain and simple grading mistake when it comes to certain companies having top-ratings with the BBB. It seems, through ABC News’ research, that nearly 100% of business that are paying members of the BBB receive at least a B or higher rating. Research has also showed that the companies that are non-paying members hold lower grades of C-minus and below.

Better Business Bureau Scam Video

Do Members of the BBB Get Better Ratings than Non-Members?

ABC News covered the Better Business Bureau scam exclusively and even interviewed the President, Steve Cox, of the BBB with questions about their rating system. A lot of questions arise after reading and viewing some of the things the Better Business Bureau has done over the past few years with companies, and this leads many people, and businesses, to believe that the BBB membership is a scam for money to pay the board members their 6-digit salaries. Steve Cox, alone, makes over 400 thousand dollars a year!Figures a lopster would use a con organization to back up their story's

Ahhhhhhhahahahahaha love it

  • Upvote 1
  • Downvote 1
Link to comment
Share on other sites

spot on!because its impossible. thusly why its called a scam. calling deleting three zeroes a 1:1, 100,000% increase, is a scam. its can be totally eliminated as any chance of possibility, all by economic principles.the dinar can obviously gain value. but there will never be some massive rv of the dinar. it started at 1500:1 its at 1166, and the market/ street rate cant meet the pegged 1166.

How could the pegged rate meet the market rate ?

If they buy dinar at auction for a higher rate then the banks sell dinar to currency dealers for a profit

Then the dealers sell the dinars to the public for a profit

Yes the market rate will be higher

I'll bet the govt employees that get paid in dinar don't get paid market rate

When the govt moves the official rate the market rate will follow

Just like when the Kuwait govt reinstated its rate the market rate imediatly followed

But the market rate will always bra loss from the official rate if there's an exchange in currency's

If Iraq passes legal tender laws and de dollarizes they won't be using dollars anymore and the market rate will fall off just like there's no market rate problems

Edited by dontlop
  • Downvote 1
Link to comment
Share on other sites

  • 1 month later...
Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.