Reports of New Fake Dinars in Circulation

Judge arrested on charges of counterfeiting cash in Mosul

Arrested force Aafilaqh second Judge Mohammed Abdul Sattar on charges of forging coins in the group on the left side of the city of Mosul and Aodj security source refused to Walker for his name to the correspondent of agency Anabaa the future "with the" force of the second year, accompanied by a group of members of the Integrity Commission have arrested a judge Alnzkor and found in possession of 500 million Iraqi dinars Iranian currency and U.S. and Iraqi Mzoh.

http://www.mustakbal.net/ArticleShow.aspx?ID=12176

Reports of New Fake Dinars in Circulation

On Wednesday a number of currency dealers in southern Iraq’s Nassirya City reported the spread of a new counterfeit 10,000-dinar notes, according to Aswat al-Iraq.

“We have noticed the existence of a false 25,000-dinar currency in the market, being cautious against it, but a new false 10,000-dinar note, with a very close print to the original currency, had been spread last week,” a shop-keeper told the news agency, saying that “this is a very serious matter and the government must stop it in every possible means.”

A petrol filling station worker said that the “number of cars trying to fill petrol in his filling station was huge, and he and his colleagues can’t easily differentiate between real and false currencies.”

Iraq Business News has also received unconfirmed reports that a judge in the Mosul area has been arrested for possession of fake Iraqi dinars.

The reports come just days after Iraq’s Central Bank announced that it would redenominate its currency.


http://www.iraq-businessnews.com/201...n-circulation/

Fears from spread of false 10,000 dinar notes in Nassirya, south Iraq

A number of currency dealers in southern Iraq's Nassirya city have expressed fear on Wednesday from the spread of a new false 10,000-dinar notes, that can't be easily discovered.

"We have noticed the existence of a false 25,000-dinar currency in the market, being cautious against it, but a new false 10,000-dinar currency, with a very close print to the original currency, had been spread last week," Shop-keeper, Ali Ahmed told Aswat al-Iraq news agency, saying that "this is a very serious matter and the government must stop it in every possible means."

Ali Nuseif, a petrol filling station worker said that the "number of cars trying to fill petrol in his filling station was huge, and he and his colleagues can't easily differentiate between real and false currencies."

On his part, the Chairman of the Security Committee in Thi-Qar Province, where Nassirya is its center city, called on citizens to be vigilant against such currencies, saying: "we had not faced such case and nobody had presented a case about the presence of false currency in the Province," calling on the mass media to "uncover persons, behind the spread of such currency, in order to foil their criminal plans."

http://www.zawya.com/story.cfm/sidZA...rya_south_Iraq

10 thousands of counterfeit invade the markets, petrol stations, the most prominent victims

was a lot of dealers in the city's markets, fears of the spread edition forged new denominations of 10 thousand dinars, is difficult to detect forgery, causing the loss of their business.

Said Ali Ahmed, the owner of a shop on Wednesday "We know that there is a version with forged class 25,000 traded in the market, and we take we warned them, but last week saw the emergence edition forged a new category of 10,000 dinars, and prints close to the original, shorter by 2cm, and can not be easily distinguished, but rubbed with paper white erase the colors," noting that "these serious matter and should work the state to stop all the images, because they destroy the livelihood of the people."

The problem is compounded with the filling stations saluting are dealing with large amounts of money in a short period cannot staff check the currency, because that would lead to the increasing number of cars waiting to refuel. and says Ali Nassif, a factor that pump, that "the number of cars entering to fill petrol from the station chief, because the number of stations Nasiriyah a few, so we can not check all banknotes, and we focus on the securities of the class 25,000 after I got edition forged the market since the, and now the papers of a ten thousand began to occur the problem of congestion at the station for late check out, which cost us sometimes pay for gasoline to the station of our own funds, we are working to meet an honor drivers only and pay to the owner of the station 15,000 per day rental pump."

Indicates Nassif that "The new edition of counterfeit require a high concentration because the paper used to print counterfeit currency roughly similar to the edition of the original, but it is bestowed, including those who have the sense of touch minutes, something is missing."

For his part, the president of the security committee in the province of Dhi Qar carpets Asadi to educate citizens as a solution a last resort, "Since we took over, we are exposed to a similar case, did not make the citizens complained about the presence of counterfeit currency in the province, and we need as a last resort to resort to educate citizens, and warned through the media, to lay siege to the people who want to spread this currency in the markets and thwart their plans of crime".

The President of the Economic Committee in the Provincial Council, the grace of Shannan has warned of the negative impact on the economy, noting that "the circulation of fake currency would leave a negative impact on the market and the economy in the province and must be addressed." In turn, says political analyst Fadel Khaqani "Some neighboring countries began rigging the Iraqi currency after the war of 1991 and continued until 2003, where she focused on the introduction of the goods bad for Iraq, in order to hit the economy and, more recently began using counterfeit currency again to promote a climate of mistrust among the citizens."

The commander of U.S. forces in the southern provinces, Peter Noel, said early last year during a conference to define the Iraqi security services on the detection of counterfeit currency, said "the counterfeiting problem faced by all the Iraqi provinces, we can provide the mechanisms to detect and avoid causing harm to the Iraqi economy, and we know that corruption is still a fundamental problem in Iraq and we have intelligence information about the entry $4 million a fake to the province of Maysan."

As for the client security the U.S. Secret Brett Cardnr stressed time and a "counterfeit currency local or U.S. circulation inside Iraq that you print large organizations in the Middle East, which use their funds in the drug trade and weapons and last year we noticed an increased entry will affect Iraq's dealings with international banks, which will destroy the mutual trust that is an essential economic deal." agencies.

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