redbaron Posted June 30, 2011 Report Share Posted June 30, 2011 Reports of New Fake Dinars in Circulation Posted on 29 June 2011. Tags: Corruption, counterfeiting, IQD, iraqi dinar On Wednesday a number of currency dealers in southern Iraq’s Nassirya City reported the spread of a new counterfeit 10,000-dinar notes, according to Aswat al-Iraq. “We have noticed the existence of a false 25,000-dinar currency in the market, being cautious against it, but a new false 10,000-dinar note, with a very close print to the original currency, had been spread last week,” a shop-keeper told the news agency, saying that “this is a very serious matter and the government must stop it in every possible means.” A petrol filling station worker said that the “number of cars trying to fill petrol in his filling station was huge, and he and his colleagues can’t easily differentiate between real and false currencies.” Iraq Business News has also received unconfirmed reports that a judge in the Mosul area has been arrested for possession of fake Iraqi dinars. The reports come just days after Iraq’s Central Bank announced that it would redenominate its currency. (Source: Aswat al-Iraq) On his part, the Chairman of the Security Committee in Thi-Qar Province, where Nassirya is its center city, called on citizens to be vigilant against such currencies, saying: “we had not faced such case and nobody had presented a case about the presence of false currency in the Province,” calling on the mass media to “uncover persons, behind the spread of such currency, in order to foil their criminal plans.” Iraq Business News 2 Link to comment Share on other sites More sharing options...
Mojo Posted June 30, 2011 Report Share Posted June 30, 2011 I tell ya i like this news i mean why would they be doing this if they didn't think they would benefit from it ?? "The reports come just days after Iraq’s Central Bank announced that it would redenominate its currency" Link to comment Share on other sites More sharing options...
sportfisher Posted June 30, 2011 Report Share Posted June 30, 2011 (edited) Do you think maybe this news report is fabricated to discourage speculation? Edited June 30, 2011 by sportfisher 1 Link to comment Share on other sites More sharing options...
redbaron Posted June 30, 2011 Author Report Share Posted June 30, 2011 I think it gives the government more reason to RV/RD Link to comment Share on other sites More sharing options...
sportfisher Posted July 1, 2011 Report Share Posted July 1, 2011 I think it gives the government more reason to RV/RD which................RV or RD ? Link to comment Share on other sites More sharing options...
redsand Posted July 1, 2011 Report Share Posted July 1, 2011 RV/RD - I'll take one of those with a side of a onion rings. Link to comment Share on other sites More sharing options...
redbaron Posted July 1, 2011 Author Report Share Posted July 1, 2011 I'll take both............one after the other! Link to comment Share on other sites More sharing options...
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