Latest topics
» Large Meteorites ‘3200 Phaethon’ exploding over Russia and Norway
Yesterday at 11:48 pm by PurpleSkyz

» POOFness for DEC 7: MID-WEEK BY ZAP the INTERNET PANDHANDLER
Yesterday at 11:14 pm by RamblerNash

» Scamtastic RV/GCR News
Yesterday at 11:05 pm by PurpleSkyz

» There is Endless Love
Yesterday at 10:58 pm by PurpleSkyz

» 70-Mile-Long Crack Opens Up in Antarctica
Yesterday at 10:51 pm by PurpleSkyz

» Mystery of Australia’s Eerie Min Min Lights
Yesterday at 10:49 pm by PurpleSkyz

» WikiLeaks NEWS
Yesterday at 10:46 pm by PurpleSkyz

» Settling Some INTEL Hash by Anna von Reitz
Yesterday at 10:19 pm by PurpleSkyz

» The Ultimate “Fake News” List
Yesterday at 9:46 pm by PurpleSkyz

» December 7 – White Hats Report #57
Yesterday at 9:34 pm by PurpleSkyz

» Miles from Standing Rock, Pipeline Rupture Spills Unknown Amount of Oil in North Dakota Waterway
Yesterday at 9:28 pm by PurpleSkyz

» Dr. Maree Batchelor, MD: New Human healer works with Blue Ray Founder ETs for Ascension
Yesterday at 9:23 pm by PurpleSkyz

» Jeff Rense & William Tompkins - The Moon is an Alien Command Center
Yesterday at 9:19 pm by PurpleSkyz

» Anonymous: UPDATE : 6 DAYS THAT WILL ROCK THE WORLD!
Yesterday at 8:17 pm by PurpleSkyz

» Buzz Aldrin’s Death Bed Confession: The Moon Landing Was FAKED
Yesterday at 8:14 pm by PurpleSkyz

» Dave Schmidt No Show! He Has The Runs!
Yesterday at 8:05 pm by RamblerNash

» Anna von Reitz - International Notice Back to “The United States of America Government” — And All Other Pretenders
Yesterday at 6:57 pm by PurpleSkyz

» Rise Together ~ Confession of M2 and the Gold
Yesterday at 6:52 pm by Jaguar-2016

» Pizzagate OMFG - Pope Francis Slams "Fake News" as Eating Excrement HOLY SHIT!
Yesterday at 6:52 pm by PurpleSkyz

»  Impending Announcement of Ruins from Futuristic Civilization Found in Antarctica
Yesterday at 6:50 pm by PurpleSkyz

» HOW TO STAGE A MEDIA FALSE FLAG # HOAX
Yesterday at 5:48 pm by PurpleSkyz

» The Fall of the Cabal; Proof in One Viral Photo
Yesterday at 5:26 pm by PurpleSkyz

» Cold Hearted Orb Rules the Night
Yesterday at 3:20 pm by PurpleSkyz

» Mysterious “Thunderstorm Asthma” Now Strikes Kuwait – Hospitalizing Nearly A Thousand
Yesterday at 3:07 pm by PurpleSkyz

» Antarctica Strangeness, Buzz Aldrin Update
Yesterday at 2:22 pm by Jaguar-2016

» POOFness for DEC 4: TAKE IT TO THE LIMIT (OF INTERNET PANHANDLING)
Yesterday at 9:44 am by PurpleSkyz

» Pre-Orients guide the Higher Guideds
Yesterday at 9:11 am by PurpleSkyz

» Out-of-Body Experiences: Is It Possible to Leave the Body?
Yesterday at 9:07 am by PurpleSkyz

» UFO News ~ UFO Over Small City In Argentina and MORE
Yesterday at 8:51 am by PurpleSkyz

» NIBIRU News ~ The Dragon of Revelation 12 could be Planet Nine plus MORE
Yesterday at 8:47 am by PurpleSkyz

» Pearl Harbor False Flag 75th Anniversary: Time to Admit the Deception
Yesterday at 8:25 am by bs4ever

» NAVAJO Nation SUES US GOV for $160 Million over “COLOSSAL DAMAGES” From COLORADO MINE SPILL.
Yesterday at 8:19 am by PurpleSkyz

» NEIL KEENAN UPDATE | ‘Healing Computer’ Testimonial
Yesterday at 1:02 am by MartyM

You are not connected. Please login or register

Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » Sterling Currency Group execs indicted in $600M Iraqi dinar sale scheme

Sterling Currency Group execs indicted in $600M Iraqi dinar sale scheme

View previous topic View next topic Go down  Message [Page 1 of 1]

PurpleSkyz


Admin
Sterling Currency Group execs indicted in $600M Iraqi dinar sale scheme


Feb 22, 2016, 4:31pm EST  
 

Executives and promoters of Atlanta-based Sterling Currency Group LLC were indicted Monday for their roles in an alleged $600 million scheme to fraudulently induce investors into buying the Iraqi dinar.

According to U.S. Attorney Horn, the indictment, and other information presented in court: During the scope of the conspiracy, the Iraqi dinar was touted by some as a potential investment opportunity. Information publicly available on certain internet websites, blogs, chat rooms, and conference calls fueled this speculation by predicting that a “revaluation” of the Iraqi dinar would occur imminently. A “revaluation” or “RV,” in this context, meant a sudden, exponential rise in the value of the Iraqi dinar as compared to the U.S. dollar and other relatively stable global currencies. Individuals who owned Iraqi dinar would realize potentially enormous gains if an “RV” ever occurred in this manner.


Enlarge this image

 Enlarge

Executives and promoters of Atlanta-based Sterling Currency Group were indicted Monday… more

Sterling Currency Group, which also did business as Sterling Online Processing Services LLC and Dinar Banker, was a Georgia corporation with its principal place of business in Atlanta. Sterling sold and exchanged so-called “exotic currencies,” including most predominantly the Iraqi dinar.

[url=http://www.bizjournals.com/atlanta/search/results?q=Tyson Rhame]Tyson Rhame[/url] and [url=http://www.bizjournals.com/atlanta/search/results?q=James Shaw]James Shaw[/url] were co-owners of Sterling, which began operations in 2004.

[url=http://www.bizjournals.com/atlanta/search/results?q=Frank Bell]Frank Bell[/url] began working for Sterling in 2010 and became Sterling’s chief operating officer in 2011.

According to the indictment, [url=http://www.bizjournals.com/atlanta/search/results?q=Terrence Keller]Terrence Keller[/url], who was also known as “TerryK,” led an Internet-based group known as “The GET Team,” which consisted of a website, an internet chat forum and weekly conference calls in which, among other things, information was disseminated to participants concerning the potential investment value of the Iraqi dinar.

Keller, through The GET Team, was one of the leading internet-based proponents of the “RV” theory. On The GET Team’s website, internet chat forum, and on weekly conference calls, Keller is alleged to have falsely claimed to have information from, and verified by, high-level confidential sources in the U.S. government, the Iraqi government, international organizations, and major financial institutions, regarding an imminent “RV.”

However, Keller did not have information from, or contact with, these supposed high-level confidential sources. The indictment alleges Keller, Rhame, Shaw, and Bell knew and believed that representations concerning an imminent “RV” of the Iraqi dinar, particularly claims that the information came from one or more supposed high-level confidential sources, would boost sales for Sterling.

Keller allegedly claimed, directly and indirectly, to The GET Team followers he had no financial or other ulterior motive to promote the Iraqi dinar as an investment, but he was simply disseminating his knowledge and information so that others could benefit from it as well. To that end, Keller told his followers he did not make substantial profits from his dealings with Sterling and other dinar dealers that advertised with the GET Team.


Keller allegedly had a secret arrangement with Rhame, Shaw and Bell to promote and “pump” the Iraqi dinar in exchange for payments made by Sterling to benefit Keller. Since at least as early as August 2011, Sterling paid Keller more than $160,000. Keller consistently downplayed these financial benefits to his followers and listeners.

The correlation between Sterling’s increased sales and Keller’s promotion of the Iraqi dinar was allegedly further cemented by the presence of a Sterling representative, including at times Rhame and Bell, on The GET Team’s conference calls and internet forums. At various times, Rhame, Bell and other Sterling representatives participated in conference calls and internet forums in which Keller made representations to followers concerning the imminent Iraqi dinar “RV,” his access to high-level confidential sources, and claims that he was just trying to be helpful and received no financial benefit for providing this information to others. The presence and participation of Rhame, Bell, and other Sterling representatives on The GET Team’s conference calls and internet forums provided further validation to followers that Keller’s claims about an imminent “RV” of the Iraqi dinar should be believed.


The indictment alleges the promotional activities of Keller and other dinar promoters were essential to Sterling’s financial success and generated Sterling millions of dollars in dinar and other currency sales.

In December 2010, Rhame is alleged to have told colleagues that Keller and the GET Team pushed 80 percent of Sterling’s business. In December 2011, Bell is alleged to have referred to the GET Team as Sterling’s “largest referrer.”

Between 2010 and June 2015, Sterling grossed more than $600 million in revenue from the sale of the Iraqi dinar and other currencies. During this same time period, Rhame and Shaw received more than $180 million in distributions from Sterling.

[url=http://www.bizjournals.com/atlanta/search/results?q=Tyson Rhame]Tyson Rhame[/url], 51, and [url=http://www.bizjournals.com/atlanta/search/results?q=James Shaw]James Shaw[/url], 53, both of Atlanta, [url=http://www.bizjournals.com/atlanta/search/results?q=Frank Bell]Frank Bell[/url], 54, of Decatur, Ga., and [url=http://www.bizjournals.com/atlanta/search/results?q=Terrence Keller]Terrence Keller[/url], 55, of Grayson, Ky., are each charged with conspiracy to commit mail and wire fraud as well as several counts of mail fraud and wire fraud.

Rhame and Shaw are also charged with conspiracy to commit money laundering and 12 counts of money laundering.

The indictment also includes criminal forfeiture listing numerous assets to which the defendants may have an interest. Specifically, the government is seeking the forfeiture of millions of dollars held in financial accounts, foreign currencies, three private airplanes, three automobiles, numerous corporate and trust entities, as well as real property in Georgia, Florida, North Carolina, and Iowa.

http://www.bizjournals.com/atlanta/news/2016/02/22/sterling-currency-group-execs-indicted-in-600m.html



Thanks to: http://www.dinardaily.net


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

PurpleSkyz


Admin
More Dinar Indictments

February 23, 2016 / Sam I Am

In the fall of 2012 three members of the BH Group (Brad Huebner, Charlie Emmenecker, and Mike Teal) and their cohort in a hedge fund scam Rudy Coenen were all indicted for dinar fraud.  Since that time they were all convicted and sentenced.  In June of last year we reported the federal civil complaint against Sterling Currency Group in Atlanta and the subsequent raid.  Well today that complaint was followed up with four indictments.  Ty Rhames, Frank Bell, and James Shaw from Sterling were indicted along with TerryK (Terrence Keller) from the GET Team. (pictured below in order)
 
     
 
Except for the hedge fund these are basically the same charges that the BH Group faced.  This is now officially a trend.  I believe more indictments are on the way.  Marcus and I started writing about these guys and their lies four years ago, and everything we said has been vindicated.  The dinar investment is a scam, and the people promoting it are scammers.  Feast your eyes on this.
 
*************************************

Executives and promoters of Atlanta-based Sterling Currency Group LLC were indicted Monday for their roles in an alleged $600 million scheme to fraudulently induce investors into buying the Iraqi dinar.
According to U.S. Attorney Horn, the indictment, and other information presented in court: During the scope of the conspiracy, the Iraqi dinar was touted by some as a potential investment opportunity. Information publicly available on certain internet websites, blogs, chat rooms, and conference calls fueled this speculation by predicting that a “revaluation” of the Iraqi dinar would occur imminently. A “revaluation” or “RV,” in this context, meant a sudden, exponential rise in the value of the Iraqi dinar as compared to the U.S. dollar and other relatively stable global currencies. Individuals who owned Iraqi dinar would realize potentially enormous gains if an “RV” ever occurred in this manner.


Sterling Currency Group, which also did business as Sterling Online Processing Services LLC and Dinar Banker, was a Georgia corporation with its principal place of business in Atlanta. Sterling sold and exchanged so-called “exotic currencies,” including most predominantly the Iraqi dinar.
Tyson Rhame and James Shaw were co-owners of Sterling, which began operations in 2004.
Frank Bell began working for Sterling in 2010 and became Sterling’s chief operating officer in 2011.

According to the indictment, Terrence Keller, who was also known as “TerryK,” led an Internet-based group known as “The GET Team,” which consisted of a website, an internet chat forum and weekly conference calls in which, among other things, information was disseminated to participants concerning the potential investment value of the Iraqi dinar.
Keller, through The GET Team, was one of the leading internet-based proponents of the “RV” theory. On The GET Team’s website, internet chat forum, and on weekly conference calls, Keller is alleged to have falsely claimed to have information from, and verified by, high-level confidential sources in the U.S. government, the Iraqi government, international organizations, and major financial institutions, regarding an imminent “RV.”
http://www.bizjournals.com/atlanta/news/2016/02/22/sterling-currency-group-execs-indicted-in-600m.html

************************************

We are in the process of producing more podcasts on this and related material, so stay tuned over the coming days and weeks.  It’s getting very interesting.
 

Thanks to: http://iraqcurrencywatch.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum