Ty Rhame might end up losing his house as his assets were seized and he has yet to make a payment on his house since June of 2015.
Peoples Dinar Conference Call
Here is the deleted Peoples Dinar Call where they mentioned the private airport exchange locations:
Ty Rhame worked for Sterling, also known as Dinar Banker, until the FBI raid in June of 2015.
Here are the most recent (August 29, 2016) court documents, various pictures I discovered, and audio from a 2010 call:
Sterling Currency Group Court Case 1:15-cv-02032-LMM
Document 257 Filed 08/29/16 Page 1 of 5
IN THE UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION
UNITED STATES OF AMERICA,
THE REAL PROPERTY LOCATED
AT 2255 VALLEY ROAD, N.W. ATLANTA, FULTON COUNTY, GEORGIA; et al.,
Civil Case No.: 1:15-cv-2032-LMM
CLAIMANT SABAL’S RESPONSE TO CLAIMANT RHAME’S
MOTION TO APPLY SEIZED FUNDS TO SATISFY SABAL’S NOTE
Claimant Sabal Capital 3, LLC (“Sabal”), by its undersigned attorney, hereby responds to Claimant Tyson Rhame’s (“Rhame”) request that seized funds be used to satisfy Sabal’s note on the Cascades at Rea property (“the property”) instead of an interlocutory sale being used to satisfy Sabal’s note. (Doc. Nos. 246 & 254). As an initial mater, it appears that all parties agree on the following points:
1. The loan from Sabal has been in default for over a year;
2. Sabal’s note on the property should be paid; and
3. Sabal should be paid without further delay.
Case 1:15-cv-02032-LMM Document 257 Filed 08/29/16 Page 2 of 5
The dispute, therefore, resolves around how to best address these points within the framework of asset forfeiture law. Because the fact that Sabal has not been paid for over a year indicates that Rhame will not do so directly, the following are the only remaining options for paying off Sabal’s note without further delay:
1. Sabal gets paid through a court-ordered interlocutory sale (“Interlocutory Sale Option”); or
2. A third party directly pays off Sabal’s note, which is what Rhame wants the United States to do
with seized funds (“Seized Funds Option”).
Based on the parties’ representations during the telephone conference on August 15, 2016, Rhame requests the Seized Funds Option, while all other parties have no objection to the Interlocutory Sale Option. Accordingly, pursuant to the Court’s direction during the telephone conference, attached to this brief is a proposed order for the Interlocutory Sale Option.
Sabal seeks an interlocutory sale because it provides certainty. Public interlocutory sales are clearly established in asset forfeiture law. As explained in Sabal’s motion for interlocutory sale (Doc. No. 231 at 5), Rule G(7)(b)(i) of the Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions provides all of the answers to the issues confronting the Court. And, as the many cases cited in Sabal’s motion for interlocutory sale demonstrate, courts routinely
Dinar Banker Sterling Currency Group was a BIG supporter of the IQD Team calls.
Case 1:15-cv-02032-LMM Document 257 Filed 08/29/16 Page 3 of 5
chose the Interlocutory Sale Option. (Id. at 6-7)
In contrast, the Seized Funds Option is surrounded by uncertainty. Sabal is unaware of any case taking that route when the United States opposes it, which is happening in this case. Accordingly, Sabal cautions against the uncertainty of further litigation on this issue, which would will result in even more unnecessary delay.
By failing for over a year to make the payments due on the property, Rhame has waived any right he might otherwise have had to claim a right to continue possession of the property. If not for the pendency of this forfeiture action and the resulting prohibition in 21 U.S.C. § 853(k), Sabal would have foreclosed on the property in a state court action long ago. Accordingly, it would be unfair to Sabal to further delay satisfaction of the debt by pursuing an option which would generate additional litigation and uncertainty.
Respectfully submitted, this 29th day of August, 2016.
/s/ David Stewart David M. Stewart
Ga. Bar No. 142029 CROWDER STEWART LLP
Post Office Box 160 Augusta, Georgia 30903
Attorney for Sabal Capital 3, LLC
Case 1:15-cv-02032-LMM Document 257 Filed 08/29/16 Page 4 of 5
CERTIFICATE OF COMPLIANCE
The undersigned certifies pursuant to Local Rule 5.1 that the document to which this certificate is attached has been prepared using Times New Roman, 14 point font. This 29th day of August, 2016.
/s/ David M. Stewart David M. Stewart Ga. Bar No. 142029
Attorney for Sabal Capital 3, LLC
CERTIFICATE OF SERVICE
The undersigned certifies that I have on this day served all the parties in this case in accordance with the notice of electronic filing (“NEF”) which was generated as a result of electronic filing in this court.
This 29th day of August, 2016.
/s/ David M. Stewart
David M. Stewart Ga. Bar No. 142029
Attorney for Sabal Capital 3, LLC
Case 1:15-cv-02032-LMM Document 257 Filed 08/29/16 Page 5 of 5
Though the currency of Iraq, the dinar is not a scam in and of itself, the concept of making 100x ROI (Return on Investment) makes no sense at all.
There are many people who have invested their retirement earnings to buy this currency, they were wrong to do so. Some people are starting to do the same thing and speculate in other currencies like the Vietnamese Dong, Indonesia Rupiah and Iranian Rial. All are bad ideas.
What is the point of the conference calls? Obviously, people want to get as much information about their so called “investment” as possible, so what do they do? They listen for hours and hours on end to conference calls.
I don’t need to even get into the number of websites out there promoting these calls, and many times, during the call you will be asked to either buy a product (health, usually MLM based) or a service like a trust package.
Speaking of trusts, and asset protection, these packages are not needed unless you already have massive assets to protect. Sandy Moreland, known as the IRS lady, promotes the RV Scam via the Protection Group LLC conference calls by Ray Brooks. Ray hides himself behind the company he works for. He calls himself the “compensated spokesperson” but trust scam pumper is more like it.
I hope you like this site about the Iraqi Dinar, but we eventually want to discuss other currencies as well.
Check out some of my other content including the recent outing of Currency 365 as a failed hip hop artist with a former criminal girlfriend.
Thanks for checking this article out, remember to go to the FBI site on the Iraqi Dinar if you have been scammed, the link is here:
Thank you once again for reading my blog.
Hi everyone. Quite a bit has happened since this article was originally posted last July. Some dinar gurus have been put in jail, others have had their sites shut down by the FBI, and certain currency dealers were put out of business. I strongly feel that members of the dinar community should do even MORE research before they jump into the Iraqi Dinar. New 50,000 Dinar banknotes were released, contrary to what the dinar gurus have been saying for years. Here is a picture of them:
The original article begins below.
Regarding the Iraqi Dinar I started this site to discuss Currency and Financial Market Concepts, hence the name CFM Concepts dot com. To start off with, I just want everyone to be aware of this IQD currency scam. I actually got mixed up in this one due to the “pumpers”. Now, I admit, it’s my own fault for not looking into this, but they all made it sound so imminent, like a once in a lifetime opportunity.
What is the Iraqi Dinar Scam?
The Iraqi Dinar Scam is a major problem, there are probably millions of innocent people caught up in this. People have been discussing the Iraqi Dinar RV for so long that it just simply boggles the mind.
Here is how the scam works in a nutshell for those who are not familiar with the scam.
- Person hears about the Iraqi Dinar Revaluation from a conference call or a friend. The people who make these calls are called “dinar gurus”. Oftentimes, they are paid by dinar companies (see below) in order to get them to tell people where to buy their currencies from.
- They hear that Kuwait revalued their dinar back in the 1990s, and some people make millions (false statement)
- They are told then to either a, buy Iraqi Dinar right away, or b, listen to another conference call.
- Individual then goes out to purchase Iraqi Dinar currency, then finally
- They are stuck listening to endless dinar conference calls for years.
- Eventually, they either wake up to the scam and warn others, or they keep buying more dinar.
TNT Tony AKA TNT Dinar
Read this press release from May of 2015 (link updated 2/9/16):
Iraqi Dinar Scam Update TNT Dinar Guru Tony Renfrow Changes Plea
TNT Tony’s real name is Anthony Wayne Renfrow. He was responsible for the 14 daily plus dot com scam.
The person mentioned in this article is also known as TNT Dinar, and he has been pumping this scam since 2011. At first, he pumped for PTR, or People’s Talk Radio. He was removed from the show and moved to his own private format in July of 2013, where he remains today. He has a website and a private forum filled with individuals who donate hundreds daily to him.
Since pleading guilty and awaiting sentencing as of today (July 2015) he makes no mention of the scam he was running. There were many investors in the currency who lost a combined total of over $2 million.
Here is a link to the FBI report on the dinar rv:
FBI – Iraqi Dinar Investigation
Should You Trust A Dinar Guru?
The following video illustrates why people should never trust any dinar guru but to do their own research. Many of these individuals claiming to be experts in the dinar currency are not to be trusted. It’s obvious that the recent move by the Central Bank of Iraq proves that these so-called experts did not have insider information as they told everyone.
After viewing this video, it becomes clear that the so called experts who told the masses to invest in the “lower denomination banknotes” were lying.
Due to the fact that this scam investigation is ongoing, I will be updating this page from time to time so check back often. I most likely will be posting more information on the homepage rather than this post itself.
Please share this, it’s important people wake up to what is happening.