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| Topic | Trump Fans Sink Savings Into 'Iraqi Dinar' Scam |
| Anteaterking 11/24/18 9:41:28 PM #1: | https://www.thedailybeast.com/trump-fans-sink-savings-into-iraqi-dinar-scam Trump supporter Hayes Kotseos runs a North Carolina pool-maintenance company, but shes got a side bet that she thinks might make her fabulously wealthy: the Iraqi dinar. The currency is nearly worthless outside of Iraq, but Kotseos bought millions of dinars in April, after watching a video of President Trump at a 2017 press conference. In the clip, Trump says, with characteristic vagueness, that all currencies will soon be on a level playing field. In reality, Trump was talking about trade imbalances with China. But like other Trump supporters who have fallen into the dinar investment scam, which has existed since at least 2012, Kotseos interpreted Trumps rambling statement as proof that the Iraqi dinar would soon be worth as much or even more than the dollar, making anyone who had been smart enough to buy in early a millionaire. I love my president, and I was like, Oh my God, Kotseos told The Daily Beast. The purchase, Kotseos said, cost her and her husband somewhere between $5,000 and $10,000, counting the cut to the company that sold them the dinars. Two of her adult children have bought millions more dinars, too. Like other investors in the incredibly long-shot dinar scheme, Kotseos hopes that Trump and the Iraqi government will somehow revalue or RV the currency, boosting its current value of less than $0.001 to $3 or $4. Dinar promoters have claimed that near-mythical event will occur for nearly a decade. But if it does it would theoretically make a millionaire of anyone with the foresight to put just a few thousand dollars into dinars. --- Trump supporters like Kotseos have also been drawn in by videos showing the prophecy of Kim Clement, a South African prophet whose fans believe predicted Trumps election. Before his death in 2016, Clement also often mentioned a dinar revaluation. It was like, OK, well, God said the Iraqi dinar is going to revalue, Kotseos told The Daily Beast. Dinar-related threads on Twitter and YouTube fill up with Trump supporters asking the president to somehow force the revaluation. MR TRUMP. I really admire you.please help us with this RV, wrote one Twitter user. Another asked Trump to increase the dinars value to give us the financial tools we need to support your efforts. --- The investors, who call themselves Dinarians, gather on forums with names like Dinar Detective to dissect every news item for what, if anything, it could mean for their dinar. On another site, Dinar Vets, would-be posters have to verify or dinar-ify themselves by posting a picture of their dinars to prove that they are really committed to the cause. Other fans post dinar unboxing videos on YouTube, filming themselves as they open envelopes filled with the dinars they hope will make them wealthy. On Facebook, some dinar groups are devoted to praying for the dinar revaluation to come sooner. --- What the ****. --- ... Copied to Clipboard! |
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