Sat Mar 23, 2024 11:33 pm by globalturbo
Seeking Victim Information in Dinar Corp. Investigation
Since March 2014, the FBI's Mobile Field Office has been investigating Dinar Corp., My Monex, Inc., Husam U. Tayeh, White Birch Industries, Inc., and other individuals and corporations in connection with a fraud and money laundering scheme. The investigation alleged that Dinar Corp. was an unregistered money service business (MSB) that was actively engaged in selling Iraqi dinar and Vietnamese dong since January 2012.
Husam Tayeh was the owner of Dinar Corp. (a company registered in Nevada and headquartered in a suburb of Chicago, Illinois). Through Dinar Corp., Tayeh operated the dinarcorp.com website, which offered to sell customers Iraqi dinars. One of the ways that Tayeh’s customers could buy dinars was through installment contracts. When a customer entered into an installment contract, Dinar Corp. promised to place in reserve the quantity of dinars to be purchased by the customer. Dinar Corp. assured customers that it would ship them the reserved dinars after the customers made their final contract payments. Tayeh, on behalf of Dinar Corp., defrauded customers in that he never actually placed dinars in reserve and never had access to enough dinars to fulfill all orders should the orders all come due.
Tayeh, on behalf of Dinar Corp., experienced difficulties with banking regulations which prevented him from sustaining business accounts to process excess checks and money orders from customers. As such, Tayeh contracted with a resident of Dothan, Alabama to launder the Dinar Corp. proceeds through banks in Alabama, Georgia, and Florida.
On July 11, 2016, Tayeh pleaded guilty to committing wire fraud in the Middle District of Alabama. It is expected that Tayeh will be sentenced in this matter in the coming months (see related press release).
The FBI has identified thousands of potential victims of this crime. If you were among those who have already been identified as a victim, you should have received documentation from the Victim Notification System (VNS), which contains the Victim Identification Number (VIN) and Personal Identification Number (PIN) that were assigned to you. Here you can find the most up to date information about the prosecution of this case.
If you have misplaced or did not receive your VNS PIN and VIN, please call (866) 625-1631. Once you have obtained your PIN and VIN, you may then call the VNS call center at (866) 365-4968 to receive case updates or to change your contact information.
If you have any information you would like to share with the FBI about this case or would like to convey the impact this crime has had on you, please e-mail us at dinarcorpinvestigation@ic.fbi.gov.
https://www.fbi.gov/resources/victim-assistance/seeking-victim-information/seeking-victim-information-in-dinar-corp-investigation
Thanks to Ssmith at: http://www.dinardaily.net
Since March 2014, the FBI's Mobile Field Office has been investigating Dinar Corp., My Monex, Inc., Husam U. Tayeh, White Birch Industries, Inc., and other individuals and corporations in connection with a fraud and money laundering scheme. The investigation alleged that Dinar Corp. was an unregistered money service business (MSB) that was actively engaged in selling Iraqi dinar and Vietnamese dong since January 2012.
Husam Tayeh was the owner of Dinar Corp. (a company registered in Nevada and headquartered in a suburb of Chicago, Illinois). Through Dinar Corp., Tayeh operated the dinarcorp.com website, which offered to sell customers Iraqi dinars. One of the ways that Tayeh’s customers could buy dinars was through installment contracts. When a customer entered into an installment contract, Dinar Corp. promised to place in reserve the quantity of dinars to be purchased by the customer. Dinar Corp. assured customers that it would ship them the reserved dinars after the customers made their final contract payments. Tayeh, on behalf of Dinar Corp., defrauded customers in that he never actually placed dinars in reserve and never had access to enough dinars to fulfill all orders should the orders all come due.
Tayeh, on behalf of Dinar Corp., experienced difficulties with banking regulations which prevented him from sustaining business accounts to process excess checks and money orders from customers. As such, Tayeh contracted with a resident of Dothan, Alabama to launder the Dinar Corp. proceeds through banks in Alabama, Georgia, and Florida.
On July 11, 2016, Tayeh pleaded guilty to committing wire fraud in the Middle District of Alabama. It is expected that Tayeh will be sentenced in this matter in the coming months (see related press release).
The FBI has identified thousands of potential victims of this crime. If you were among those who have already been identified as a victim, you should have received documentation from the Victim Notification System (VNS), which contains the Victim Identification Number (VIN) and Personal Identification Number (PIN) that were assigned to you. Here you can find the most up to date information about the prosecution of this case.
If you have misplaced or did not receive your VNS PIN and VIN, please call (866) 625-1631. Once you have obtained your PIN and VIN, you may then call the VNS call center at (866) 365-4968 to receive case updates or to change your contact information.
If you have any information you would like to share with the FBI about this case or would like to convey the impact this crime has had on you, please e-mail us at dinarcorpinvestigation@ic.fbi.gov.
https://www.fbi.gov/resources/victim-assistance/seeking-victim-information/seeking-victim-information-in-dinar-corp-investigation
Thanks to Ssmith at: http://www.dinardaily.net
