Americans are illegally buying Iranian Rial, while PayPal and other two are helping them in open defiance of US law and international sanctions against Iran
Read More at :- https://www.currencyliquidator.com/blog/currency-exchange-scandal-by-paypal-amazon-and-ebay-with-millions-in-iranian-rial-sales/
Currency exchange scandal by pay pal, amazon and ebay with millions in iranian rial sales
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Whether knowingly or unknowingly Americans buy Iranian
Rial illegally, while eBay, Amazon and PayPal help them in
open defiance of the U. S. law and international sanctions
IT'S STILL ILLEGAL TO BUY | RAi“llAi~! RIAL
fit Right now, the Iranian Rial is being sold widely even though it's illegal
_; ) 1 for Americans to own. As of August 201 5 Americans cannot legally
-’ I‘ purchase IRR. Yet, U. S. authorities are allowing these sales. Until the
sanctions are lifted or the authorities act to stop illegal currency sales,
the booming U. S. black market in Rial will continue to thrive.
You can ﬁnd the link to the full text of the President's Executive Order in the
sources section at the bottom of this infographic.
In particular, Section 2 (i) says: -I a
(i) that the person has materially assisted, sponsored, or provided financial, material, or I
technological support for, or goods or services to or in support of, any Iranian person ~ ’
included on the list of Specially Designated Nationals and Blocked Persons maintained by
the Office of Foreign Assets Control (SDN List) (other than an Iranian depository institution
whose property and interests in property are blocked solely pursuant to Executive Order
13599 of February 5, 2012) or any other person included on the SDN List whose property and
interests in property are blocked pursuant to this paragraph or Executive Order 13599 (other
than an Iranian depository institution whose property and interests in property are blocked
solely pursuant to Executive Order I3599);
IT'S STILL ILLEGAL TO BUY ll-IlIi~ll: i>. i~l IIII-IL
So, why aren't these companies being held accountable
for violating the EXECUIIIIO OICIOI?
When Americans buy Iranian Rial through sellers with listings on eBay, Amazon and other
platforms, PayPal processes the transactions, and thus provides the Iranian govemment
with access to American cash via currency smugglers and organized crime. Remember
According the U. S. govemment, Iran is still a “STATE SPONSOR OF TERRORISM".
You can read more about it by following a link to the U. S. State Department's terrorist
list provided in the ‘Sources’ section at the bottom of this infographic.
There is no legal way to
Buyers of Iranian Rial may be naive or
unaware that the economic sanctions
against Iran are still in force and legally
prohibit them from buying or
But, PayPal and other major corporations
that should be savvy about financial regulations
are instead openly ignoring the
UN and U. S. government sanctions.
Either U. S. government watchdogs haven't noticed
that Americans are eager to buy Rial
They've overlook PayPal and other corporate scoff at laws
as they continue to break the sanctions against Iran.
Along history of economic
SAi! CT|0i~! S AGAINST IR. ’-Iii!
Many GOVERNMENTS and INTERNATIONAL AGENCIES have imposed strong economic and financial sanctions against Iran over
the years to force Iran to abandon its URANIUM ENRICHMENT PROJECTS, and these sanctions are still supposed to be
enforced. You can access more information of the subject by referring to the links in "Sources" section at the bottom.
The U. S. was the first nation to place Even before any serious concerns arose Q
sanctions on IRAN AFTER THE regarding nuclear proliferation, in I995 the _
IRANIAN REVOLUTION IN T979, and U. S. government expanded its original trade I. '
has been the leader in enforcing sanctions to PROHIBIT COMPANIES FROM I 'f’? r ,
internationalrestrictions ever since. DOING BUSINESS WITH THE IRANIAN """""""" " :
In coordination with the U. S., the United Nations Security Council has enacted a long list of sanctions
against Iran over the years.
It also froze the assets of certain key companies and
individuals involved with the Iranian nuclear
In 2006 the SECURITY COUNCIL ISSUED Next came Resolution 1737. which changed
RESOLUTION 1696 which requested that 6 6 the UN's effort from a request
the Iranian government stop IIS uranium to a demand, and imposed sanctions against
enrichment activities. NUCLEAR RELATED BUSINESS ACTIVITIES.
The following UN action was Security _ _ — Those sanctions were followed by
Council Resolution 1803 in 2008. This ® RESOLUTION 1747 IN 2007. which
extended the asset freezing even further H II I L J T imposed an overall arms embargo
and required states to monitor activities of while expanding the freezing of
Iranian banks and financial institutions ‘ ‘ — , , i 1 . ~ Iranian assets and further
“_. ‘ I‘, ’ J L’ " I3 prohibiting financial
x ' '* ' I ' dealings between AMERICANS AND
( ‘ ’ r _i N, I 7“ IRANIAN BUSINESSES AND
A ‘ - A I‘, . _ A ‘I7; ORGANIZATIONS.
If I I I 5‘
‘ Y; ’ at W A.
Subsequent Resolutions finetuning and tightening
the sanctions include RESOLUTION 1835 in 2008, L@ RESOLUTION 2049, which extended the
RESOLUTION 1929 in 2010 and RESOLUTION 1984 mandate period for the Iran Sanctions
in 2011 to further tighten the noose around the Committee for another year.
Beyond the U. S., the European Union and various other countries have
imposed their own sanctions against Iran because of its
ln 201 2 the EU imposedan oil embargo __ ‘ L Australia and Canada have also
against Iran, and to freeze certain imposed financial restrictions and
Iranian central bank assets on in The Same V93‘ nealll’ 3" ”3"l3“ other sanctions against Iran.
deposit in Eumpe. banks were disconnected from SWIFT,
which is the world's electronic
interbank communications platform.
the Iranian Rial and economy
ECONOMIC SANCTIONS? NOT WHEN YOU BUY IRANIAN RIAL USING
I; '?.3:—-8.’, ;. =.i. .i. r--. T/.0;-. ' OR Pr. -.‘. ’P, :‘. L
The U, S.hosted RIAL . ‘.'. ,’-Rl(E IPLACE is growing quickly sales on ebay alone
are in excess of I .9 million for the last 90 days! Investors buy the currency
I} -3 online from listings posted on eBay, Amazon or other platforms, then PayPal
5?" , ’ and other payment processors facilitate the transactions.
/ However, such activities clearly appear to be contrary to PayPal’s published
Acceptable Use Policy. In particular, as shown in the image below, Section
3(g) Look at 3(g) of PayPal‘s Policy specifically forbids transactions involving
currency exchanges. You can read the full document by following the link
listed in the “Sources" section at the bottom.
ECONOMIC SANCTIONS? NOT WHEN YOU BUY IRANIAN RIAL USING
EBAY, AMAZON OR PAYPAL
Ordinary RETAIL BUYERS shouldn't be
blamed, since the currency is being offered
so widely based on the CREDIBILITY OF
THESE MAJOR COMPANIES.
‘II. (.2? It's difficult to believe that senior decision
. makers at PayPa| , eBay and Amazon could be
unaware that illegal currency is being actively
A sold through their platforms.
sales, as shown in the sample advertisement
Worse, these companies are actively targeting
of consumers with advertising to achieve more
IRANIAN RIAL IS BEING OPENLY AND WIDELY SOLD ON
EBAY AND AMAZON
For American investors who already BUY RIAL, the economic sanctions against Iran are irrelevant. Either
. .-. .
. ' '.
Nobody has told them that buying IRR . ... . . , _
or conducting any other ﬁnancial " I “'97,” 5° °°9°”°. °"’“ "3"'a“
business with this ‘mam NATION‘ is R . ¢U"e"°Itha"h€YIU8ld°"'l°af€-
against the law,
As of late August 2015 there were approximately 700 active listings on eBay through which mostly professional
sellers offer Iranian Rial banknotes to anyone who wants to buy IRR. ILLEGAL RIAL SALES IN THE U. S. appear to be
growing, although the evidence is only anecdotal at this point.
EVIDENCE OF ILLEGAL SALES OF lRl‘. ll~! l.l7iI~l BIA
Here’s a sample of the sales volumes from eBay
Yurilll 633,380.56| hllp ebay cor . ll. isr ytril I I7_: rl; sid= p2G£T675.l2559
VSlU9mII<e2 340,666.39 I hit; “ ebay com. usr. ~. sl; ghtI5-: .e27_trl: s:d= p204i6*5 I2559
J°l| YW°°dlllmS 77,560.73 I hllp ebaymmiusrliolIvwoiidflln1s? _tri: sid= p204?675,l2559
Massuel I l3,276.27 I I"-ii, D.l ebay com ‘lusrlmassuer7,1rl: s:d= p20£T6i5.D559
Khakius20I4 I 5.927.65| hltp Ir~i‘i. v.~i. -ineba: iccmsr. «ihal. ;cs2oi47_: :i; srd= p2oi7s75.i25s9
F8I3.d3I3 l3,IIO.92| htlpiillmwn ebay ccmil’usvvur‘I I I 7_trl: sid= p’3iI4iE.75 l2559
COIleClibIeS*pIUS*arI |3,336| httpIlwr. I‘r. :ebay com*Lsrl~Ccl7ect bles‘olus‘ari7_t'l: s;o= p2U476i5 Ill-359
MIb3"k"°l95 I 9.l87.26l httpl‘ ebay con usrlmibenknotes°_trI: s2:l= o2C47675 |25E9
Gizmo20I0mike 6I,9I2.07|hltpj/ /i'Il'. ".*. ',etai. :cinlusr1'gl: ms23i‘]n‘iil<e? _trl;3id= p2[I4T
ARE AMERICANS WHO BUY IRANIAN RIAL
SCOFFLAWS OR FARSIGHTED INVESTORS?
From the apparent volume of retail sales on eBay, Amazon and other online platfomts as noted above, it seems that
Americans are INCREASINGLY EAGER TO BUY THE RIAL.
Although it's difficult to speculate on the reasons WHY PEOPLE PURCHASE IRR, it's possible that they're buying
Rial for the same reasons investors have recently been BUYING IRAQI DINAR and other FOREIGN CURRENCIES. You
can leam by following the link listed in the ‘Sources’ section at the bottom.
If the demographic is similar, many Within the mass of Americans who look to buy
W small-scale Rial buyers are seeking Iranian Rial online from ILLEGAL SELLERS AT
an opportunity to achieve large EBAY AND AMAZON, there may be some
g gains from relatively small larger, institutional investors who seek to make
investments. _ a "play" on the Iranian economy before the
5} sanctions are removed.
Unlicensed and illegal currency dealers are also ACTIVE PARTICIPANTS
and beneficiaries of the black market for Rial in the U. S.
ARE AMERICANS WHO BUY IRANIAN RIAL
SCOFFLAWS OR FARSIGHTED INVESTORS?
To demonstrate the ease at
which currency can be
purchased we purchased from
several of the dealers and then
notiﬁed PayPal about the illegal
activity and nothing was ever
done. These are brand new
never circulated notes directly
Since Rial banknotes are illegal in the
U. S. and are available only from the
Iranian banking system, there must be a
network of Iranian financial agents
whose task it is to help support the
value of the IRR while hamessing the
power of the U. S. banking system.
from the Iran Central bank.
When Americans buy IRR from
Iranian sellers, the money received
may be directly beneﬁting I Yet, tI'| ES€ investors 8I'€ ignoring
the sanctions in droves. So, are
Americans right or wrong when
I they buy Iranian Rial?
terrorism. This is contrary to the
wording and the spirit of the
sanctions against Iran.
WHY U. S. CORPORATIONS HELP AMERICAN CITIZENS
ILLEGALLY BUY IRANIAN RIAL
Although Americans purchase Rial for a variety of reasons. including the desire to profit from an expected rise in the
currency's value once sanctions are lifted, the reasons why major U. S. corporations help them evade those sanctions
Corporations like PayPal, eBay and
Amazon would seem to have little to
gain and much to lose by openly
allowing sales of a commodity (Rial
banknotes} that are clearly illegal
under current U. S. law.
These American companies host Rial
sellers routinely, apparently without
qualifying them to learn whether
they're U. S. citizens or perhaps
Iranian citizens or others acting on
behalf of the Iranian government or
Or, perhaps the marketplace is too
small for the in-house compliance
staff at PayPal to notice the
activities of the buyers and sellers on
their banking platform.
are less clear.
However, PayPa| staff have been
made aware of this illegal activity
several times, yet they still refuse to
comply with the law.
The only sure way to learn why
PayPal, Amazon and eBay are
participating in, indeed creating this
illegal online marketplace would be
for the appropriate authorities to ask
them about their practices.
The feds are overlooking the Rial
sales industry for political reasons,
such as not wanting to derail
diplomatic discussions underway.
Perhaps the authorities haven't been
made fully aware of this large-scale
circumvention of the sanctions
FOR THOSE WHO BUY IRANIAN RIAL. .. PAYPAL, EBAY Ii AMAZON
HELP EVADE GOVERNMENT SANCTIONS
Major corporations are openly breaking U. S. federal law and international
sanctions by creating, hosting and participating in the ONLINE RIAL SALES
' The soonexpected REMOVAL OF SANCTIONS is certainly fueling Americans’
eagerness to buy Iranian Rial, yet it's too early to know whether the value of
the Rial will rise or fall after the sanctions are lifted.
Until the sanctions against Iran are actually removed by UN and U. S.
authorities, the illegalyetoverlooked online RIAL SALES are certainly
strengthening the Iranian govemmem’s bargaining position while weakening
that of the U. S. GOVERNMENT.
THE Fl| AL'S FUTURE
As signaled in recent reports from ﬁnancial news organizations, the
anticipated easing of sanctions. together with improved relations
between Iran and the U. S. as well as other nations. is expected to
boost the value of the Rial.
IN TH”; MEANTIME, until or unless U. S. authorities cut the BANKING
CONNECTIONS by which PAVPAL, EBAY, AMAZON and other
American companies are undermining the govemmem’s intemational
credibility and strength, Americans will continue to buy Rial and use
the U. S. banking system to feed the Iranian government.
WHY CURRENCYLIQUIDATORCOM FULL
RELEASED THIS STORY DISCLOSURE
As a licensed money services business (MSB) we're We're a foreign currency exchange and offer a wide
required by law to report illegal activities in our industry. variety of foreign currencies from around the world. As
Prior to the publication of this report. several attempts were of the original publication date of this report (early
made to inform PayPal, eBay and Amazon regarding the September 2015) the Rial isn't yet iegal for sale. Once
continuing illegal use of their platforms, yet the black the Iranian Rial becomes legal to sell, we'll offer it to
market Rial sales continues. you through our Buy Iranian Rial page.
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