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Thread: A Call from Ted

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  1. #1
    Investor TerryTate's Avatar
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    Quote Originally Posted by Dinar-Excited View Post
    Hi Everyone,

    This was posted on IDI this clears up the whole scam I thought I would pass it on. Credit goes to gbarton13 on IDI.

    Thanks gbarton13


    Dinar-Excited


    Some of you may or may not know that I am friends with a pretty big dealer who just recently went out of business and does not sell dinar anymore due to the recent CBI activity. He asked me to pass along this information to the board after reading about the recent reprint rumors. Here is what he said...

    Quote:
    Sorry I haven't been on the board yet. We have been so busy, its been hard to even return emails, however I am being told that Ted is spreading rumors big time about a reprint (we get calls everyday).

    We have stopped all sales and consider us out of the Dinar business. We are sitting on a large amount, and if they were reprinting, we would know.

    I can tell you this about Ted and his rumors. He is in partners with Bill Burbank. Bill was the first dealer of Dinar, and has contacted us in the past in regards to trying to turn our customers into Warka account holders. He told me that "we" could spread rumors of a "reprint" and convince our customers into turning their Dinar back into us (for a fee of 10 percent) and we would send it to Warka and get another 5 percent commission from Warka.

    I told Bill my opinion that there was NO WAY they would reprint, and I couldn't tell my customers that. He basically told me that I didn't have to believe it, just tell them its possible there could be a reprint and to insure that they won't get left holding-the-bag, they could put it into a Dinar Account.

    I recently talked to Bill, and he told me that Ted Burke has recently begun to work with him, and again wanted me to come on board. I once again told him no, and I still stand by that. There will be no reprint.

    Please let the people know. You don't have to mention my name, but you can rest assured that we are not hearing anything about this reprint. If we did, we would let our members and customers know. We might be out of the Dinar business, but we are still in business....

    Just thought I'd let you guys know that. Now im heading back to my oxycodone!

    Did any of you notice that Warka is participating in this fraudulent endeavor? Maybe it isn't with Warka's direct knowledge of the business practices of Bill, but I just have one question. Why would Warka be so interested in trying to amass large amounts of Dinar? What is their angle, so much so that they are willing to pay an additional 5% to Bill for the transaction. Anyone have any thoughts on this? Could it be for the Warka bank reserves?

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  3. #2
    Investor Vipor's Avatar
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    Quote Originally Posted by TerryTate View Post
    Did any of you notice that Warka is participating in this fraudulent endeavor? Maybe it isn't with Warka's direct knowledge of the business practices of Bill, but I just have one question. Why would Warka be so interested in trying to amass large amounts of Dinar? What is their angle, so much so that they are willing to pay an additional 5% to Bill for the transaction. Anyone have any thoughts on this? Could it be for the Warka bank reserves?
    Maybe the 5% being referenced is the interest gained on the balance whilst it is in the Warka account. If that's the case, then Warka has no ill intention here. Normal business practice.

  4. #3
    Senior Member jpadrino's Avatar
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    Default It's what banks do

    Quote Originally Posted by Vipor View Post
    Maybe the 5% being referenced is the interest gained on the balance whilst it is in the Warka account. If that's the case, then Warka has no ill intention here. Normal business practice.
    All banks want lots of deposits.

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