Thread: Bayshore Capital Investments and the BH Group

in fact the I.M.F did recommend to Iraq anywhere from .86 to $1.28

And if you had read it all instead of just the parts that feed your fantasy, you'd see those amounts are after they drop three zeros, and puts the projected value just about where it is now ($1.17)

Reading is fundemental, kids.

Originally Posted by littleroundman

Man,

that's some coincidence right there.

310+ MILLION people in the United States, 2 places get raided in the same week, the same guy is at both places when they're raided, but the 2 raids are unrelated.

That's one for Ripleys' Believe it or Not if there ever was

So, is it better news if your investment advisor gets raided by the IRS and FBI for two different things than it is if he gets raided by the IRS and FBI twice for the same thing? Enquiring minds want to know!

I'm jus' sayin'

I cannot believe how loyal these Dinarians are. They are all in a FRENZY because they all claim the debt ceiling had something to do with this. What fools...

I'm moderately surprised, Brad held his monday night call. Now if pattern holds this link should go dark in about two weeks and you might need some sort of browser plugin to play this MP3:

http://www.thebhgroup.org//calls/August_1st_2011.mp3

Brad is claiming that the prosecutor is A Ok with his dinar business and he
hopes to be back selling dinar perhaps as soon as the 3rd of this month.
I think he's blowing smoke. He admits that any checks that were in his
office on the day of the raid were confiscated by the Treasury department but hopes that any new orders coming in will be processed either by him, or some alternative supplier he's been in contact with (Frank Villa?).

A few minor points of interest:

• Brad says that the FBI and IRS were not involved with the raid, despite the fact that the local news coverage mentions both of them.
• Brad returns the arms length favor with Rudy Coenen. Not only was Rudy not on the call but Brad specifically directed any questions about the hedge fund to Rudy. Perhaps being Bayshore Capital's "exclusive marketing arm" isn't working out that well for Brad.
• Direct quote from aprox. the 5:30 mark on the call: "To the best of my knoledge I've not done anything intentional to break the law regarding the sales of dinar or have any tax issues that have initiated this event that I even know of."
• There was no "intel" on this call.
• If Brad is forced to line up an alternative dinar supplier for BH Group members he wont be handling the money.
• Brad is still referring to his dinar sales as an "investment." His lawyer wont be thrilled with that.

Originally Posted by pjlvio

I cannot believe how loyal these Dinarians are. They are all in a FRENZY because they all claim the debt ceiling had something to do with this. What fools...

It's a symptom. There is no evidence that the "RV" will happen so the pumpers need to invent something to talk about. Go on any dinar forum and ask if President Obama is helping or hindering the "RV" and watch how sure everyone is of their answer and how it's only the people who disagree with them who have no proof.

Seeing that both Brad and Rudy are playing the pass the buck game I thought they might like a reminder of how cozy they once were together:

Hedge Fund I & II Information

From:brad@thebhgroup.org [Add]
To:**************** [Add]
Date:Tue, 12 Apr 2011 8:54 AM (4 months ago)

The BH Group and Bayshore Capital Investments

Iraqi Hedge Fund I & II Information

Thank you for your interest in participating with The BH Group and Bayshore Capital Investments, LLC, (BCI) Ruldolph Coenen, President.

The BH Group has partnered with BCI as the exclusive marketing agent for their financial products to be offered after the Revaluation of the Iraqi Dinar. Our focus is to give our members a range of financial opportunities to fit their financial budgets while preserving and growing capital.

The Iraqi Hedge Funds I and II will be our first projects and there will be 490 Preferred Investor seats available in each fund. Seat availability for the Hedge Funds will be based on the following: First preference will go to our most loyal BH Group members, who have purchased Dinars directly from us, followed by members who own Iraqi Dinar and now have registered with The BH Group. However, to be considered ALL interested parties must send in an “Inception Investor Seat Allocation” form and Application Fee check. The assignment of your seat will be based on a date stamped "first come-first serve" receipt after the two week "loyalty period" ends on April 25th.

The “Inception Investor Seat Allocation” document can be found in two places: in the attachment to this email and on our website. In order to access through our website, please visit, www.thebhgroup.org once you’re logged in, click on “Opportunities,” “Iraqi Hedge Fund I and II,” “Forms and Downloads,” Inception Investor Seat Allocation.”
Once complete, send the form along with $750 (Personal Check or Cashiers’ Check) to:

Bayshore Capital Investments
10347 Nakema Dr. West
Jacksonville, FL. 32257

Upon receipt of your payment, seat availability permitting, BCI will send your receipt along with your Hedge Fund seat allocation number.

We look forward to working with you.

Sincerely,
The BH Group

Hedge fund I & II seat holders, you'll soon be seeing that whether the "RV" happens or not, Rudy will never set up his hedge funds. I would encourage you to remain in contact with as many other Bayshore investors as possible and together investigate the possibility of initiating a class action lawsuit. I suspect there are more than 1,000 of you out there so even if the case can't be tried on a contingency basis you can divide up the initial attorneys fees across a lot of you. The problem being that Rudy was having documented financial problems prior to receiving your non refundable application fees and there's a valid question as to what percentage of your money would be available for recovery. But I think your attorney can advise you about adding Brad Huebner and possibly even Charley Emmenecker as co defendants. They quite arguably share culpability here with Rudy and I suspect their pockets are deep enough that you could all get your money back.

Just to address a few people who have asked if this is me..

tmcgraw, on 31 July 2011 - 01:09 PM, said:

I'm the one that reported *BH* and *Rudy to the FBI, SEC and IRS. I have also spoken with Paul Lydolph who is representing Roger. He threatened me with legal action thru email and by phone. He changed his tune to apologizing to me once he realized who I am. Paul confirmed Rogers involvement in the currency *vault and per my suggestion released a statement on his website. I warned these guys 4 months ago to stop or I would report them. Roger told me he was going to cut ties with BH* and Rudy* he did not. I told Brad* to shut down the fund he did not. That is why they are in their current situation.
\

No, it's not. I'm the guy who said publicly that I had made arrangements for this hedge fund to be closed down, a few months before they were raided, not the lying dickhead who i true "guru" fashion made a big deal of it after the fact....

Aww Gregg, I'm confident that tmc made the calls he claimed just as I'm sure the two of you weren't the only ones who "reached out an touched someone" in law enforcement. The important thing is that the raid happened and from here on out it's in the prosecution's capable hands.

Has anyone heard anything recent from Rudy? The day of the raid was supposed to be the day his CDIFinancial website went live. That evening he was on Frank Villa's call and was plugging his new EmergingGains.com site which seemed to have the exact same feature set as how he was describing CDIF would have (hell both sites shared the same web developer) but EG was better because the newly raided Brad Huebner had "no involvement" with it. CDIF now redirects to EG but a week later neither site is online. The guy who built those sites is the same guy who built Brad's BH Group site and credit where it's due, the guy does good work. Somehow I doubt the site is down for technical reasons.

And where has Scot Pember Scooter(ed) off to? The blog he set up to host his diatribes after no longer feeling his ass kissed enough over at DV is as offline as Rudy's websites. Perhaps his day job over at GLobalBake is keeping him too busy to play dinar guru online. Or perhaps this is just a really really bad week for attendees of Brad's Dinar Summit and baseball beer bash.

Help.

My husband bought into said hedge fund. He's kicking himself now. We're young, and he's an uneducated investor who unfortunately got caught up in this mess. I knew it was a bad idea, but being the respectful wife I try to be, I let him spend his $750 like he wanted to. It was his money. I gave my opinion and shut up. He said that when Rudy and Brad were talking about starting this hedge fund that those spending the $750 for the application will be refunded if they do not get a seat.

He sent an e-mail last night requesting his withdrawal from the hedge fund and for his $750. He still hasn't heard anything (and I doubt he will).

Any suggestions on what his next step should be?

Contact the Ohio Attorney Generals office. When I first reported them, I didn't make any complaint about anyone selling dinar, I think it's a stupid thing to do, but I have to let people learn themselves, there's nothing that illegal about it. I mean, it's not technically legal to own dinar "as an investment" but the travel exception is a pretty wide loophole and the dinar dealers who are pumping them are, if you look at the fine print, selling them either as "collector or numismatic" items, or using a MSB certificate to say they only mean to transact under the travel needs loophole. It is blatantly illegal for someone using either of these exceptions to market them as investments, but the fact is I doubt anyone is goiing to get into much trouble for it, there are much more serious crimes going on.

What I did make a call about was them operating a hedge fund, placing illegal restrictions on a hedge fund (allocating them by how much you had bought at BH Group) and the fact that hedge funds cannot advertise at all. And that is what they're in trouble for. Personally I doubt you'll get anything back, and I'm dead certain if you don't get a voluntary refund that you won't get a full refund, a little digging shows these guys don't have dick in the way of assets to seize for restitution.

Good luck! And if you haven't figured it out by now, the big "RV" is not going to happen.

Some of these mental midgits are gonna get my votet for The All Star Team of Stupid. They have a letter from a congressman, with an attached memo that is the briefing papers they got from an UnderSecretary of the Treasury (and they checked, the document was prepared by acrobat on a license to the Treasury Dept) and they find 50 ways from Wednesday to discount it a some kind of misdirection. That's not good enough to call evidence, ya see.

And tomorrow Oakie Crackhead Man will tell some story about the Minister of Insanely Rich Secret Insiders has a bad outbreak of his genital herpes and that's why the RV was put off yesterday. 'nuff said

Welcome to RealScam DMW,

In addition to contacting the Ohio attorney general's office as Gregg wisely suggested I'd recommend contacting Florida's AG as well. Rudy Coenen is based out of Jacksonville and while not in any way licensed to sell securities in any form his Bayshore Capital Investments is registered in Fla. Keep us up to date on any developments, I'm sure you and your husband aren't the only ones ask Rudy for their money back. As I recommend before, I'd get in tough with as many of your fellow Bayshore investors as possible, it isn't very practical to hire an attorney to sue Rudy over $750 but there are over 1,000 of you and if you were to split fees between you it suddenly becomes very affordable.

Originally Posted by Gregg

Some of these mental midgits are gonna get my votet for The All Star Team of Stupid. They have a letter from a congressman, with an attached memo that is the briefing papers they got from an UnderSecretary of the Treasury (and they checked, the document was prepared by acrobat on a license to the Treasury Dept) and they find 50 ways from Wednesday to discount it a some kind of misdirection. That's not good enough to call evidence, ya see.

And tomorrow Oakie Crackhead Man will tell some story about the Minister of Insanely Rich Secret Insiders has a bad outbreak of his genital herpes and that's why the RV was put off yesterday. 'nuff said

That PDF is linked here:Dinar Fact Sheet_UST_0711.pdf

I'll make a longer comment on it when I get a chance but the reaction is astounding. A redenomination isn't what the dinar pimps have been selling because no one will make money off a "RD." I'm not surprised the "pumpers" are ignoring or distorting factual information like this but it's the true dinar believers who have me stumped.

Originally Posted by GlimDropper

Welcome to RealScam DMW,

In addition to contacting the Ohio attorney general's office as Gregg wisely suggested I'd recommend contacting Florida's AG as well. Rudy Coenen is based out of Jacksonville and while not in any way licensed to sell securities in any form his Bayshore Capital Investments is registered in Fla. Keep us up to date on any developments, I'm sure you and your husband aren't the only ones ask Rudy for their money back. As I recommend before, I'd get in tough with as many of your fellow Bayshore investors as possible, it isn't very practical to hire an attorney to sue Rudy over $750 but there are over 1,000 of you and if you were to split fees between you it suddenly becomes very affordable.





That PDF is linked here:Dinar Fact Sheet_UST_0711.pdf

I'll make a longer comment on it when I get a chance but the reaction is astounding. A redenomination isn't what the dinar pimps have been selling because no one will make money off a "RD." I'm not surprised the "pumpers" are ignoring or distorting factual information like this but it's the true dinar believers who have me stumped.

With several hundred similarly situated plaintiffs, there would be an outside chance that you could get an attorney interested in a class action suit, IF he thought there would be a payday in it for him...

Originally Posted by laidback

With several hundred similarly situated plaintiffs, there would be an outside chance that you could get an attorney interested in a class action suit, IF he thought there would be a payday in it for him...

The real problem here is despite all of Rudy's claims to be some Wall Street wheeler dealer and being financially successful, before he cooked up this hedge fund scheme he barely had a pot to piss in. Unpaid taxes, unpaid housing court fines and he was only able to pay his way out of having his home foreclosed AFTER people started sending him their application fees. I think it would be very simple to win a judgement against Rudy but I highly doubt he'd be able to pay everyone back. Which is why I'd recommend investigating the possibility of adding Brad and Charley as co defendants. Brad was clearly profiting from the marketing of Rudy's hedge fund and continued to promote Rudy even after he'd been given ample warning about Rudy's deceptions. If Mr. Emmenecker's only role here was as the moderator of the BH Group/Bayshore Capital sales calls he might not in fact be liable. But one aspect of the BH Group raid is that all the buisness and banking records were seized, if Charley's relationship to Brad and Rudy was more of a buisness partnership that fact will be revealed. If so (and I am only speculating here) then his potential liability is more easy to establish. And in addition to his vast Xango downline (many of whom were enticed to join the BH Group) Mr. Emmenecker owns a brick and mortar buisness as well.

People can get their money back from Brad and Rudy, they just need to organize themselves.

Rudy lasted maybe 2 days on my site's membership before being read right thru. We have also listed the BHG info but you and your site have thoroughly done a great job with the information A-Z. Thank You for expelling the wolves of a REAL investment that has taken on so many types of players... ;)

Originally Posted by Neno

Rudy lasted maybe 2 days on my site's membership before being read right thru. We have also listed the BHG info but you and your site have thoroughly done a great job with the information A-Z. Thank You for expelling the wolves of a REAL investment that has taken on so many types of players... ;)

Thank you for the kind words Tommy, and welcome to RealScam.

Now that you're here I wonder if you might like to comment on a post I found over at Quatloos.com:

Re: Dinarpaloosa

by Gregg » Wed Jun 01, 2011 12:31 am

As I understand it, Okie Oil Man is really some guy who works checkout at an A&P in Texas, but on these boards he’s talking to Senators and foreign diplomats who are spilling their guts to him because he’s so important.

Although I'm sure he'll deny it, I have it from a credible source that Okie Oil Man is a composite character who is written, directed and produced by none other than Tommy Styles, also known as Neno, late of GreenZap and a paid employee/pimp for at least one major online Dinar dealer. He has his own pumping forum "Neno's Place" kept seperate from the Okie stuff, which is mainly based on PlanetDinar.
The little tweeker who told me this does Tommy's coding, or did around GreenZap time, which by the way was something that my source lost his backside on but our boy Tommy came out with a fat payday (Tommy also at one time was drawing disability from his truck driving job while claiming on forums he was making tens of thousands of dollars a week in other scams he was pushing) And a little intuitiveness and investigation into what I wrote here would be enough to prove what I've said, if anyone is interested.

See, Tommy broke one of the scammers major rules, if you're not willing to kill the low level help, you have to be willing to pay them. If they're not dead or fat, they're gonna come after you and they have all the evidence.

I mean sure, even if you are part of the Okie Oil Man writing team you'll never admit it, I get that. But if anyone feeds the name "Tommy Styles" or "Neno" into Google and adds the word "scam" they'll find many hours of interesting reading. The internet can be a cruel place and just because large and varied groups of people in many places and across several years curse your name as a scammer it might not make you a bad guy, perhaps you're just misunderstood. Maybe you can offer us your assurances that all your many critics are misinformed and that you haven't spent years promoting and perpetrating scams.

And thank you again for your kind words.

Yes that is true about Greenzap and that is all you will find. I pored my heart and soul into that company back in 2005 only to be a victim of a tool. I have shared the story many many times how how I was like anyone else falling for the scam. I was even friends with worldscam.com friend that owns veratec back in those days. Lots of lessons were learned. I was so dedicated to greenzap that before I learned how folks can get bait and hooked from the pros. I even spent 6 1/2 hours at the SEC being integrated over my connections with greenzap as the SEC thought I was connected to the executive team. For me tho, it was a lesson learned and a lot more of how the internet and its users act,respond, or even contribute. Those from those days that really know me, know the story as well as the SEC. I am as honest as it gets.

Now about this post link you shared in the asking lol, I am sure it is just from another GURU that wants to get his message across and has to dampen the spirit of the reader as they will learn of NenosPlace.com which in return will out live and out do any other site that is related in that dinar investment. We have lived thru them all so far dealing with hackers, gurus, and scammers ourselves. I am as experience as non other in this from my own lessons learned from those greenzap days. I use to battle the gang at scam.com against greenzap to which to later learn of how right they were the whole freaking time.

I am untouchable these days and will remain that way. You can ask me anything and you can do it at [link removed by Admin] as well. I received a call that this asking was here and here I am. I use to despise these types of sites you have here but again, after going thru my lesson learned the internet needs sites as yours and anything I can do to help, just send a message. Tommy/Neno

Ah, Tommy Styles. How ya doin? I have to admit I've never actually decided whether you're a flat out scammer or just really gullible. You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was. How many people have you led to whomever is paying you to recommend them as the best, most ethical dealer in near worthless foreign currencies? For that matter, how much have you been directly or indirectly paid by these upright currency dealers for advertising, interviews, your own expert analysis on all things Iraqi Economy? And how many people like me (a guy with a PhD in Economics) have you banned for trying to tell the truth to your members?

Well hello Gregg, (is that real or not), and I am doing great hope the same for you. Your opinion is warrant and entitled but you must realize that you actually have no idea if your making a determination at this stage on the dinar subject. And if you are, then you do not know what you are talking about. Except that as a compliment and not a complaint.

Now on my ban list is only listed with a couple spammers (trolls) and a couple other types of scammers (GURUS). If you really indeed knew what you were talking about and knew of my site, then your comments again have no support. I appreciate your involvement in a scam reporting site but please, do your research first before calling for attention as a reporter of the norm, norm meaning one that just blabs with words in prefect order to the common reader to gain that attention of a commentator. If, this isn't the case then you prov that.

As far as a worthless currency, opinions very big time and with gains of over 50% that proves you wrong and your claim of a PhD in economics, you should know the gains made since inception. It is a investment not a MLM or a scam but, I will admit that those type have came into the picture over the years and have turned this investment into just that. Just get your story correct on the ones to blame for that.

I am here and will answer anything for realscam.com BTW, Nenos Place, has been open to both sides of the investment from all, with all opinions since day one, 04/06/2006. This software running now since our hacking in 2008 was born on 11/15/2009. Please stop by and post your thoughts on the investment we would love to hear what a self claimed PhD in economics has to say but, be ready for replies from the investors and yes, maybe me too and of coarse, under a mature professional terms of service way.... ;)

Oh and yes, the dinar investment make greenzap look like a needle in a hay stack. Greenzap was a SCAM realized.

This is for Gregg the PhD. I just have to say if it is a scam, then why did a lot of the banks here in the U.S. sell or exchange Iraqi Dinar? I know some have stopped selling it, and some are still selling it. If it was a worthless paper than I ask again why do the banks sell it and exchange it? I suppose the Central Bank of Iraq and the man running it, Shabbi, is a scam also? I am not saying I agree with the Gurus, because I do not, and I am not saying anything will happen soon, but to say that Iraqi Dinar is a scam or worthless paper coming from a PhD I have to wonder about your credentials. The CBI is real, Iraqi Dinar is 1170 to 1 USD, worth something, U.S. Banks do sell and exchange it, and our government has admitted that they hold it. Thus I have to conclude that if your statements are correct, then I must assume that our dollar is just the same, even a bigger scam. You make reference to Iraq's economy, in the next 5 years whose economy will be doing better the United States or Iraq's? thank you for your time and hopefully answer.

Well, I know it's really Tommy, the spelling is a dead give away. And while I'd agree a few typos in an internet post should hardly be held against a guy,...damn, Tommy, you ever try to read what you post? But I digress.
Yes, Gregg is my real name, dig a little, you can find my whole name. And I suspect you know who I am, if not, it'll come to you. There are more than a few people who read here who know who I am, I don't need to establish credibility here, and I'm not making a buck telling stories, unlike you. I do have to hand it to you though, your fairy tales and stories of getting rich quick have managed to convince quite a few people that a truck driver with history of selling get rich quick scams makes more sense than, well, anyone with any knowledge at all of how money works.

For the record, I have never called the Iraqi Dinar a scam, and if you go by the returns from when I seem to recall it was 1400 give or take to a dollar and compare it to the present rate of 1170 that does indeed equal a profit. I have been quoted as saying if you're willing to run insane risks for 5-8% a year, the Dinar is your huckleberry. But anyone who thinks a thousand dollars is gonna turn into close to a million dollars is just wrong. The rate it currently sets at is artificially supported by the CBI with the approval of the IMF in order to promote stability, if they drop three zeros (and they will) and allowed it to float, it would drop to about 85 cents or at the current denomination 850, down from 1170, or $1.17. It's a suckers bet.

Speaking of which, it's also wrong to say the US Treasury holds dinars. They don't, not a single one. The Federal Reserve Bank of New York does hold dinar for commerce, an amount roughly equal to the 30 day running average volume of the CBI Auction at any given time. It is illegal for the Federal Reserve to hold foreign currency for investment purposes, and until just a few years ago it was illegal for the Fed to hold anything except US Treasuries for investments. Another lie that has been told enough that many believe it is that Iraq is a wealthy country. It's not. In fact, they're dirt poor as countries go, the GDP ranks 62 out of 191(just below Angola), the per capita GDP is even worse, ranking 131(coming in behind another economic powerhouse Wallis and Futuma). Less than half of, Mexico, hell the GDP of Iraq per capita is less than Fiji. So get off the "Iraq is one of the world's richest countries" mantra, Iraq isn't even rich enough to be poor as far as nations go.

Anyway, nice to see you again, I won't be stopping by Neno's Place to post (oh, but I do read), but I would recommend anyone anyone taking investment advice from you do a little digging first about Greenzap, Damon Westmoreland, ROLCLUB and Shotgun Susie and pals, and in general any of the MANY scams you've been mentioned around. I won't even bring up your claims to be a truck driver collecting disability payments while at the same time claiming to be making big bucks in the schemes you were pimping at the time.

Good luck to ya!

Deeper insight into Tommy.


http://www.rolclub.com/showpost.php?p=63247&postcount=3
Quote:
I am a Director of my community for greenzap like you are the ceo of your community. Yes greenzap is my full time buisness as well as frutavida and ominex. And I will be making alot of money cause of the position I am positioning for my self, as well as you can do the same.I went thru the scam thing to and sometimes still do but, I know different now so it dosen't bother me anymore. I stay away from the little minds and stay around the minds that want this as bad as I do. You have to become a LEADER and show people the truth. Nothing has ever been prooved eny different and until then there is no reason for fear.There is alot at stake here cause greenzap is going to revalutionize the payment procesors and companies dont want that to happen. Would you if you were making a killing off the public??? Well thats why you hear of bashers they are mostly hired hands with no proof. So start being a LEADER and members will follow you. You are fixen to be able to give real money away to your futrue members. Get ready to lead. YOU CAN DO IT!!!!

http://www.rolclub.com/showpost.php?p=63392&postcount=5
Quote:
I am a Union Car Hauler off from injuries right now. I would like to see all this work incase the company I work for bails. Looking that way since all the cut backs Ford and Gm or making. I did greenzap 24/7 in the beginning, it kind of has taken on a life of its on now. Thats why i am working frutavida now. You can see it on my homepage. But if greenzap need attention it gets it first. I believe it is going to be very big when everything falls in place. Considering all the others that are having the problems that they are. None of them are set up like greenzap is, so this is going to be very important for the future of a online offline payment processor. The $50 cash in your account was mention deeply on the call and as usal there is still alittle time involved. But the 20 plus members should be delievered ** thursday. Thats a good thing. If I can ever be of ant assistance dont hesitate to ask. Most members on this forum are are conected in one way or another.The reason I know so much you ask is the reason I hang out on the forum. For You!!!

Tommy found himself another new enterprise(besides GZ and fruitavida):
Ominex.com : Save and Assist
Ominex.com : Ominex Records

Originally Posted by pjlvio

This is for Gregg the PhD. I just have to say if it is a scam, then why did a lot of the banks here in the U.S. sell or exchange Iraqi Dinar? I know some have stopped selling it, and some are still selling it. If it was a worthless paper than I ask again why do the banks sell it and exchange it? I suppose the Central Bank of Iraq and the man running it, Shabbi, is a scam also?

I'm not Gregg,

but I can't help but asking: What on earth do you guys have against the Iraqi people ?

Aren't things tough enough for them already ?

Are you saying nobody outside Iraq should be allowed to have access to Iraqi currency or that Iraqis should be forced to use the US dollar as currency ?

Guess what, the US Treasury holds LOTS of LOTS of different currencies, as do the treasuries of many nations.

NOT for currency speculation but simply to make everyday transactions quicker and easier, both for itself and for people travelling to and from the countries concerned and/or doing business with them.

There's no need to invent long, convuluted stories about revaluations, currency speculation and conspiracy theories.

Banks and treasuries hold Iraqi currency for the convenience of their clients.

Persons unknown informed some of the banks that self proclaimed "gurus" were using Iraqi currency to profit from gullible investors and NOT for the purpose they were claiming.

Those banks then stopped exchanging Iraqi currency, at least with the public.

Occams' Razor, pjlvio, Occams' Razor

Well thanks and please understand, I already explained the greenzap ( which I 100% believed in) days to the authorities that matter and gave much credit resent to the scam.com crew as I did learn much after the fact. We all learn lessons but you are stretching this way out of line. For starters, I do not give investment advise and yes I am a still a trucker. I am once again telling you I am untouchable to the claims you still are pointing to as marked in your quote above. What I really do this days is house a board for investors with a place to get away from what you are still calling me. Do a little more research on Tommy Styles today and understand I was scammed in the days of greenzap as well. Damon Westmoreland is a bad guy and greenzap peeps, never learned of him until the latter days of the program. By then, we were all sucked in pretty good. Might as well add Alex Sonkin to that list as he was who we were led to be running that show. Also. learn why I left Rolclub too, here I will tell you so you hear from me. Rolclub would not pay attention the laws in the USA, time for me to go. Also see me board and see that all advertising is for free for the members. Once again Greg, learn today what is going on.

Thanks for the Good luck but I will share that with the dinar investors... ;)

Oh btw, I do know who you are. Greggory B. Evans, PhD used to be On scam.com as a Mod also went by the Name of xavier... ;)

Originally Posted by Gregg

<snip>

Anyway, nice to see you again, I won't be stopping by Neno's Place to post (oh, but I do read), but I would recommend anyone anyone taking investment advice from you do a little digging first about Greenzap, Damon Westmoreland, ROLCLUB and Shotgun Susie and pals, and in general any of the MANY scams you've been mentioned around. I won't even bring up your claims to be a truck driver collecting disability payments while at the same time claiming to be making big bucks in the schemes you were pimping at the time.

Good luck to ya!

Occam's Razor Littleroundman Occam's Razor no kidding. Gregg the Phd claimed he never called the Iraq Dinar a scam when in fact he did.

"Re: Bayshore Capital Investments and the BH Group
Ah, Tommy Styles. How ya doin? I have to admit I've never actually decided whether you're a flat out scammer or just really gullible. You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was"

I was just stating a point. Gregg did call the Iraq Dinar a scam. As far as comparing GDP's do you not have to look at the sanctions the UN and IMF had put on Iraq the past 8 years and also look at what had happened because of the war, of course it is hard to compare the GDP to others. I would also like to know how much the U.S. has really pumped into Iraq. I think Iraq would surpass Saudi and Kuwait if they could get a half way decent political system in place. You have to admit that there is a lot of potential there if the people could put aside their differences and work together.

Originally Posted by pjlvio

You have to admit that there is a lot of potential there if the people could put aside their differences and work together.

Of course you're right.

I'd also have to admit if there was no gravity, we'd all fall off the planet.

Which would be OK, unless I went out of my way to convince you I had inside information gravity was going to be switched off next Tuesday and then offered to sell you the means to avoid disappearing into the ether along with the rest of the population.

THAT would be a scam.

Gravity, just like the Iraqi dinar, wouldn't be a scam, just the B/S attached to it.

The only other teensy, weensy problems I have with your hypothetical "if the people could put aside their differences and work together" are that:

a) they haven't
b) they won't (at least in the foreseeable future)
c) even if they did "put aside their differences" tomorrow what practical difference would that make to the value of the dinar ?
d) It would cost someone eleventy two and a half squillion dinars for Iraq to even get back in the game, much less back up a revaluation of the dinar with cold hard.

If you, or any of the Dinarpaloosians want to gamble on it happening, that's fine.

I presume you're all adults and are free to do as you wish.

But, let's not pretend someone selling overpriced dinars at a huge profit to gullible people based on lies, lies and more lies, has anything to do with simple currency speculation.

Or do you have a "high up contact in the IMF who swears on his mothers' life the RV is being delayed by criminal illuminati reptillian life forms from the 7th dimension intent on destroying everything we hold good and holy"

As for your assertion that Gregg, or anyone else here, for that matter, said the Iraqi dinar is, in itself, a scam, can I draw your attention to what Gregg actually said (and you quoted)

You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was"

Granted, it's only a small distinction, but it's a very important distinction.