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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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


    Counterfeit currency enter the Iraqi market

    Rocky
    Rocky
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    Posts : 272220
    Join date : 2012-12-21

    Counterfeit currency enter the Iraqi market Empty Counterfeit currency enter the Iraqi market

    Post by Rocky Sun 18 May 2014, 7:37 am

    Counterfeit currency enter the Iraqi market
     
    18-05-2014 11:39 AM
     
    Free -

    Said judges experts that counterfeiting is one of the most serious economic crimes, stressing that currency target is of the categories of little value, and they gave the reason that the lack of paper quality formal user where, arguing at the same time to "oppose" between legal sanctions and the central bank in dealing with the penalty levied on these Crime committed by organized networks distribute their work between one country and another. According to the Judge Fathi slain in a statement today that "the counterfeiting of currency is subject to the sophisticated methods and new with the passage of time, taking advantage of the means of modern printing what aggravates the seriousness of this crime and difficult process of detecting counterfeit currency by professionals before the ordinary citizen. " said maids, senior legal expert that "the force of this crime is linked to a group of experts the art of drawing and painting, calligraphy and drill down to the promoters before stamped." According to the site said the Independent pointed slaves that "counterfeiting is an international crime carried out by organized gangs because they need to plan and prior arrangement for the implementation of which is being handled by several people, both by his role," revealing that "the facts indicate that the perpetrators of different nationalities and are counterfeiting in the country , The use gets in another state. " and sees slaves that "most of the categories of counterfeit is the (1000 -5000) dinars because the paper used officially not of a high quality and could be in violation of professional counterfeiting and help in that show no citizen importance to audit the value of the low" . , and marks the slaves "Some cases of fraud carried out by people who claim they are from different Arab nationalities, bringing with them the currencies of the countries of Eastern Europe turned out later that it expired in circulation," said that "the role here will be for the central bank which can issue Brochure foreign currencies approved Currently in addition to those ended trading. " and added, "may turn some people during the period of change currency pump models forged in the market taking advantage of the lack exponentially in the market." Nevertheless, draws maids to "some difficulties in the work of forgers currencies through access to the paper are its quality close to that used officially in printing money. " and added that "large groups may be difficult to forge because the cost of the process exceeds the price of cash," noting that it "contains a line of security, which is a wire that is integrated into a paste paper extends the display of silver in the case of gluten, which it remains flexible and paper currency thus retains its propensity to bend and fold. " He warned that "this line is made ​​of material involved in the installation of paper and taped it put entails Moisadtha to the direction of the rib short in paper money."For his part, says an investigative judge Karrada Imad Abdullah said that "crimes of counterfeiting dealt with articles 280-285 of the Penal Code No. 111 for the year 1969 addressed the crime of forgery. " and added that "Article 280 dealt with jail open up to 20 years for each of the falsity or imitated coin or gold or silver for himself or others, and be warping through to lose weight or make it similar to the currency, the real Ksnaha substance resembling silver . " and added, "As for Article 281 came punishable by prison term of not less than 10 years -20 years, and they include all of falsified or imitated securities or papers cash or securities coin bank approved an Iraqi or foreign, and apply the same punishment to all currencies traded legally or customarily to the customer out or inadvertently promoted. " and went on Abdullah "in relation to Article 282, one of the substances with the punishment tight they contribute to the destabilization of the credit in the currency of the Iraqi interior and exterior and most of the perpetrators are networks or gangs made ​​up of more than three people and be punishable by life imprisonment," explaining "The Article 283 which is punishable by imprisonment or fine or both for each of the deal in the currency or banknotes finished trading while summed Article 284 coin fake or counterfeit each of the deal after it was found to be false and is considered one of the most crime deployed." and noted that "Article 285 stipulates punishable by imprisonment for six months for each of the falsity of the currency similar current law and custom in Iraq or were current or unknown reasons or purposes, cultural, industrial or commercial. " and finds Abdullah said there was "problematic legislative and conflict between legal sanctions and the CBI number (56 ) of 2004 amended in force and which provided for in Article (52) of each person deliberate fraud and the promotion of counterfeit money to use as money original or export of counterfeit money outside Iraq be a felony punishable by a fine (100) million or imprisonment of ten years or both. " and stated that "this Text is contrary to the Penal Code concerning Article punitive Prison is his sentence from three months to five years and prison sentence of five years to life imprisonment or the death penalty The term of imprisonment is not compatible with prison sentences and here shapes When referred to the criminal court, they apply the Penal Code. "and concluded that "this acts fall under the economic crimes of which the jurisdiction of the Directorate of Economic Crime in the case of large currency counterfeiting. " (End
     

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