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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD

rocky
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Post by rocky on Tue Aug 27, 2019 10:31 am

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David's devotion
Following the imposition of the embargo on Iraq in the early nineties of the last century and the use of the former regime of printing currencies inside the country spread cases of currency counterfeiting and non-conformity with international standards and specifications in printing, and after 2003, replaced by a new edition has been printing presses Delaru in Britain with specifications sober difficult to counterfeit.
The political crises and weak government control over the circulating currencies allowed the spread of counterfeiting and the promotion of counterfeit currency and circumvent the citizens, according to local and international reports, as the Central Bank of Iraq published a statement on its website in 2018, entitled 'Know your money', which includes pictures of Iraqi currencies and security signs Which can distinguish between real and counterfeit currency. It included coins from the category of 250 dinars to the category of 50 thousand dinars, accompanied by shares indicating security signs, which include safety line and watermarks, visually variable ink and transparent window.
The director of the issuance and treasury department of the Central Bank Jaafar Ghulam, that the Iraqi banks discover each month amounts of not less than 200 million dinars, during the receipt of the amounts of deposits from citizens, explaining that the discovery of these amounts are individually for Iraqis who were victims of receiving counterfeit currencies, In addition to the announcement by the Ministry of Interior of the seizure of counterfeit currency.
Ghulam adds that "forged cash categories are often for the category of fifty thousand dinars and the category of 25 thousand dinars and less for the category of ten thousand dinars, pointing out that cash workers can detect counterfeit currencies easily, as the Iraqi currency in which at least 20 stamps and stamp Impossible to imitate, and they are means of protecting the currency from counterfeiting. "
He stressed that "the new editions of the Iraqi currency now includes new security additions such as transparencies, glossy and stamped, which is difficult for the most skilled counterfeiters to imitate, and that the coming months will see the replacement of the majority of large cash categories such as the category of 10 thousand and 25 thousand and 50 thousand new editions.
Meanwhile, Interior Ministry spokesman Major General Saad Maan said that "the past three years have witnessed the arrest of at least 240 arrests and arrests of gangs and individuals who were promoting the counterfeit currency in the country, and arrested and after questioning them revealed dozens of printing presses were visiting the currency in Baghdad And provinces.
He explained, "There are a number of models of counterfeit currency between primitive easy to identify because of printing by amateur inexperienced in this area, and that some counterfeiters use currency printers special printing currency, has been entered into the country illegally and has been detected, The Interior Ministry had arrested some of them in the Al-Midan and Bayaa districts of Baghdad and other provinces.
At the press conference of the most important activities of the ministry held in January 2019, Maan announced that the level of crime in all its forms in Baghdad decreased by 42% in 2018 compared to 2017, where the rate of crime for forgery and forgery decreased 53% and the crime of fraud and fraud decreased by 45% .
It is noteworthy, that the Ministry announced, on Monday, the arrest of an accused of counterfeiting foreign currency in Karbala.
Maan said in a statement that "detachments of organized crime intelligence in Karbala operating within the Intelligence Agency in the Ministry of Interior arrested one of the accused in the province of Karbala."
He added, "The defendant works by counterfeiting currency as he seized in his possession a special paper used in counterfeiting currency.


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jbowhunter
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Post by jbowhunter on Tue Aug 27, 2019 3:26 pm

Lots of time and money poured into something with such little value.
mochasmom
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Post by mochasmom on Tue Aug 27, 2019 5:45 pm

It wont be one day
wciappetta
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dinar - DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD Empty Re: DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD

Post by wciappetta on Tue Aug 27, 2019 5:58 pm

and that the coming months will see the replacement of the majority of large cash categories such as the category of 10 thousand and 25 thousand and 50 thousand new editions.

Wager they mean new low editions with better value.


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[You must be registered and logged in to see this link.] For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
annieharbers
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dinar - DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD Empty Re: DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD

Post by annieharbers on Tue Aug 27, 2019 7:42 pm

Thanks Rocky & Wci
Screwball
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Post by Screwball on Tue Aug 27, 2019 10:52 pm

[You must be registered and logged in to see this link.] wrote:
and that the coming months will see the replacement of the majority of large cash categories such as the category of 10 thousand and 25 thousand and 50 thousand new editions.

Wager they mean new low editions with better value.
Yes I believe so....
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azareus
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dinar - DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD Empty Re: DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD

Post by azareus on Wed Aug 28, 2019 12:07 am

Will it have value?
Thats the question
Screwball
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Post by Screwball on Wed Aug 28, 2019 12:24 am

[You must be registered and logged in to see this link.] wrote:Will it have value?
Thats the question
Sooner or later it will have to...
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azareus
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dinar - DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD Empty Re: DESPITE AT LEAST 20 STAMPS AND STAMP AND A SIGN .. IRAQI DINAR HAS NOT BEEN FREE FROM FRAUD

Post by azareus on Wed Aug 28, 2019 2:27 am

I guess so IF they start to float the currency
ahill
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Post by ahill on Wed Aug 28, 2019 12:15 pm

sigh ... will  we  ever get our prize?

Tired of waiting ...

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