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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


    The dollar and the dinar are more targeted.. Organized gangs counterfeit currency

    Rocky
    Rocky
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    The dollar and the dinar are more targeted.. Organized gangs counterfeit currency Empty The dollar and the dinar are more targeted.. Organized gangs counterfeit currency

    Post by Rocky Fri 13 Aug 2021, 7:03 am

    [size=52]The dollar and the dinar are more targeted.. Organized gangs counterfeit currency[/size]

    [size=45]The crime of currency counterfeiting does not only harm the money and its dealers, it represents an assault on the sovereignty of the state, undermines confidence in the official currency and leads to its devaluation, and the widening of the currency counterfeiting circle generates a reason for the involvement and inclusion of the largest category of innocent individuals (citizens) who fall into their hands. .[/size]
    [size=45]And about this crime, Judge of the Integrity Investigation Court, Ahmed Muhammad Al-Maryani, speaks to the newspaper, saying, “Beginning with the definition of forgery, we have to understand its concept. Forgery is a language that alters or changes the truth. The Iraqi legislator defined it in Article 280 of Penal Code No. 111 of 1969 that it is considered counterfeiting a coin to reduce its weight or paint it with a paint that makes it more like coins than they are valuable,” noting that “the currency is the main tool for dealing between people, which calls for trust between them and to secure trust.” with it.”[/size]
    [size=45]Al-Maryani added that “the crime of counterfeiting is one of the crimes against the state’s financial reputation since the early ages, and due to its seriousness, it was considered one of the important crimes, and this is the approach of the Iraqi legislator,” pointing out that “given the importance of the crime, criminal laws stipulate an exception to the principle of territoriality, so the jurisdiction of national law is held.” The country whose currency was counterfeited regardless of where the crime was committed or the nationality of the perpetrator because it affects the basic interests of the state because it does not trust the interest of other countries in this crime.”[/size]
    [size=45]He stressed that “this is what the Iraqi legislator has followed by stipulating that Iraqi law shall be applied, and the Iraqi courts shall have jurisdiction over these crimes regardless of the place of their commission and the nationality of the perpetrator in Article Nine, second paragraph of this, as well as the Central Bank of Iraq Law No. 56 of 2004 and its amendments indicated in Article 49 What is meant by counterfeit money is punishable by Articles 51 and 52 of the above law.[/size]
    [size=45]Al-Maryani pointed out that “organized gangs for counterfeiting currency exist inside and outside Iraq, and they are international crimes that are carried out by specialized organized gangs whose members from different countries may participate in committing the crime,” noting that “the facts have proven that those involved in counterfeiting currency are of different nationalities and on The form of organized networks, which, as mentioned above, are transnational crimes.”[/size]
    [size=45]As for the currencies targeted in Iraq, he explains that most of the currencies that are subject to counterfeiting are “the US dollar and the Iraqi dinar, and the reason for choosing them by the gangs specialized in counterfeiting is the large number of circulation and dealing with them inside the country by the citizens,” noting that “the counterfeiting of the currency is subject to advanced and new methods of Before these gangs, they used advanced technology, including computers, as well as special papers and inks.”[/size]
    [size=45]Regarding the method of detecting these currencies, the competent judge stated in his speech that “the detection of counterfeit currencies is carried out by specialized authorities in the Central Bank of Iraq, where the seized currency is sent with lists containing numbers and currency sequences, and there they are examined by technicians specialized in this field, and then they provide the court. with currency examination reports,” noting that “the Central Bank has nothing to do with mentioning the counterfeit currency, its numbers and the categories used, but its role is limited to examination by technicians and determining the fake one or not.”[/size]
    [size=45]The judge of the Integrity Investigation Court concluded that “the law currently in force is the Central Bank of Iraq Law No. 56 of 2004 and that the penalty stipulated is in Articles 51 and 52 of it, where Article 51 punished a fine of no more than fifty million Iraqi dinars and imprisonment for a period not exceeding five years. Or both together. As for Article 52, it is punishable by paying a fine of no more than 100 million Iraqi dinars or imprisonment for a period not exceeding ten years.
    The security forces are able from time to time to arrest large gangs possessing counterfeit sums. In the capital, Baghdad, they seized quantities of counterfeit money with a printer designed for forgery and counterfeiting currencies, and forged sums of money amounting to (15) million Iraqi dinars and (3,700) US dollars. The intelligence agency arrested a currency counterfeiter who traded in counterfeit foreign currency, denomination of (100) dollars, and a counterfeit money press for Iraqi currency was seized in one of Baghdad’s regions by detachments of the Baghdad Intelligence and Security Directorate and in coordination with a joint security force after they were able to seize a counterfeit money press containing counterfeit money estimated Thirteen billion Iraqi dinars and twenty-three thousand US dollars, while a visual gang was arrested earlier, calling itself the doctor, and promoting counterfeit currency in the province, specialized in counterfeiting local and foreign currencies.[/size]
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