Learn about James Mendez of Puerto Rico (dinarespr). He sells the Iraqi Dinar currency, and was recently raided by the FBI and IRS.
Last Updated On June 5, 2015
By: Dominick Giammarino
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The website http://dinarespr.com is found by searching for dinarespr if you are in Puerto Rico this company with James Mendez is most likely where you will purchase your Iraqi Dinars from. In Spanish, you would be asking for Dinares de Iraq which is simply Iraqi Dinars. OK, so I noticed a few things right away when I first came across this website. See the photo below.
James Mendez dinares is featured in the photograph with current U.S. President Barack Obama. Now, to someone just visiting the guys website, you would think that the President must approve of Mendez’s dinar company right? Nothing could be further from the truth. Now, if I were James Mendez, I would take that picture down because he is making it look like our President is on board with the Dinar RV and the Global Currency Reset. Remember, dinars is English, dinares, is Spanish, don’t over complicate it. PR stands for Puerto Rico, essentially, Puerto Rican Dinars, simple.
As if the photograph on the homepage of his website isn’t bad enough, he actually posted a Vimeo video of him meeting President Obama. Here is a clip and also a YouTube clip that is much shorter.
Below is the video from Vimeo.
Mendez Internet Management Services Inc is the company that is located on Roosevelt Avenue. ( JUAN LUIS MARTINEZ )
The raid conducted by the Federal Bureau of Investigation (FBI) during the morning houses. This business which sells the Iraqi Dinar currency, is situated on Roosevelt, Hato Rey Avenue. This is related to a current fraud investigation.
Spokesperson Moses Quiñones: “In general, we could say it’s a case of fraud,” the official told this newspaper.
He explained that the federal grand jury takes about a year investigating this alleged fraud, however he did not elaborate.
FBI agents, which were accompanied by the I.R.S. (Internal Revenue Service) and police officers in Puerto Rico, arrived at about 7 am at the offices of James Mendez Internet Management Services Inc.
Mr. Quinones explained that they could be there until noon. He said that, in general, in raids seeking documents and computers. So far, it is not anticipated that the FBI made arrests related to this intervention.
Mendez Internet Management is dedicated to the sale of the Iraqi Dinar currency. The business is best known for his radio and television programs, called “The Truth About dinars”, and website. See the links and videos above.
Since 2005 the currency is sold on the island under the allegation that “in the near future” the Iraqi Dinar would revalue, which will increase its value, as described on the companies’ website listed above..
It also specified that this company sold a minimum of 1,000 dinars for around $2. It has been discovered that there are some individuals who have bought up to $150,000 in the Iraqi Dinar.
Last night, the owner of the company, James A. Mendez, posted on his Facebook wall a hopeful message.
“Everything is there squaring …. We will have our victory … !!” he wrote. He accompanied the citation with a photograph that shows a light at the end of a tunnel.
I feel that James Mendez is manipulating his encounter with President Obama into something that he is using to sell Iraqi Dinars on his website. As you know, I have stated that I don’t expect to see the revaluation of the Iraqi Dinar in the way that people have talked about. As a matter of fact, you might be lucky if you break even with this investment. Remember, you have to pay (in some cases) up to a 40% fee just to purchase the currency. You are already in the hole before you even get started.
With that being said, I don’t expect to get rich either considering so many have purchased the Iraqi Dinar (IQD) and that the country of Iraq really doesn’t have an infrastructure to support a rate above even 1 penny per dinar.
Programa: La Verdad Sobre Los Dinares
Moderadores: James Mendez & Carlos Garcia
Fecha: 22 Junio 2011
His Twitter channel has fake followers, what else is new, all of these dinar/dong companies do the same thing.
I can only hope that people in Puerto Rico understand that James Mendez of dinarespr is really just concerned about publicity, not on anyone’s financial freedom. Obviously, he states that this is a high risk investment, however, people who buy the Iraqi Dinar should really do their own research first before making a purchase.