RE: Reno Gig Up
This post is about a "Group" breaking up. This is no surprise.
My guess is they just got "The Talk" where they were told that they would be spending lots of time at the "Gray-Bar" hotel (Jail) if they proceeded to exchange other people's currency. Or it could be that they figured it out on their own, and decided to bail on the group to keep from being arrested. Clearly, they were scared enough to send everyone their currency back.
Interestingly this comes on the heels of another post yesterday. The Quote from the "Group Leader?" was this:
"Our group has been put on indefinite hiatus until everything calms down"
My guess is that they are on FULL STOP until they decide whether or not to disband their group as well. There are new laws in place now and what people could get away with before, doesn't work anymore.
Of course I have gotten emails lately about Dave Schmidt saying the ZIM is no good to buy the Dong instead. My guess is that he will NOT be able to get away with his plan on the ZIM, but the Dong will be easier for him "work" with. I am just waiting to see the headlines "Dave Schmidt Gets Arrested For Financial Fraud." We will see what happens in the end.
The Bottom Line
The bottom line is that you are WAY BETTER OFF handling your own currency. The early groups were not meant for you. You will have the best rates possible by the grand design of the plan. After all, if you can negotiate rates of 10 times to 1000's of times more than the street rate, what would you need a group to do for you? There is NOTHING BUT DOWN SIDE to groups. They control and decide what rate you get, they decide and control when you will get paid, and how that payment will be doled out to you. Of course all this is if you are lucky enough to get into a "legitimate" group and are not scammed. The big problem is "We won't know which groups were legit until after the Exchange starts." It will be too late to make a change then or get more currency.
As far as groups Breaking Up, it may be that they realized they were going to be arrested and are making sure they don't get in trouble, because that kind of fraud is BIG TROUBLE. I am sure that they will let the Fraud groups exchange before they swoop in and arrest everyone. After all that is how stings are done. You have to let the criminal do the criminal act first so that you have the evidence of their fraud.
I hope that anyone who sent their money off to a group, has more currency still in their own hands just in case it was a fraud or the money gets frozen due to criminal investigations, etc.
May You Get Everything You Want and Live The Life Of Your Dreams
Signed: One Who Knows
Is disgraced, former Senator Dave Schmidt also a WITCH DOCTOR???
Hi 'The One Who Knows',
After reading some of your recent posts, we had our CFO and CIO reach out to our International Finance Law firm this morning. Our financial legal team manage offices in Los Angeles, New York, Singapore and Hong Kong.
Their own words: "There are no current, or new laws that forbid the international currency exchange process, either for a loss - or a profit. This applies both as an individual exchange, or a 'private' group exchange. And neither of these practices fall under any International Criminal Law penal codes. If you are in a private group, you hold a receipt for your currency, you are engaged in a private transaction that is between two parties." Nothing illegal.
So our public request is this: Please provide us Penal Code §, Section or otherwise that outlines the nullification of private groups, specifically how it pertains to the private groups in this community.
And please provide an actual Penal Code Section. You are playing with fire here, so we hope you come through.
Awaiting your response,
Thanks to Ssmith at: http://www.dinardaily.net