Iridium Copper Metal which Pulls Rice and De-Colors It

A. Hi James. There is a point of confusion here which I'd like to clarify in order to help you and others understand these postings. The dichotomy is this:
A). Iridium is a real material, a precious metal, element no.77 on the Periodic Table. It has genuine uses including very low resistance contacts, spark plug tips, rocket housings (because of its good temperature, corrosion, and erosion resistance), and other uses. The Engelhard Corporation (probable inventor of automotive catalytic converters), since bought out by BASF, bought & sold iridium and had brochures about its uses.
B). But the world is full of scams, and one of those scams, especially popular in 3rd world Indian villages, has to do with belief in the magic powers of iridium and iridium coins.

So when you talk about "Institutes" possibly wanting to buy iridium, you are perhaps being taken in by the vocabulary of the scammers. No "Institutes" exist for the purpose of buying iridium. But when you speak of 'places' that buy iridium, it is surely a precious metal and 4 pounds of 20% iridium should be worth a good amount, especially today. Its usual value is about the same as gold, but is currently at least 3X as high, so this may be a good time to unload it. I would try the "we buy gold" stores on every corner, but if they are not interested, hunt for a refinery that is.

Luck & Regards,

A. Please spend a few more words and explain this concept of "pulling rice". I have no idea what you're talking about and, until we do, I believe you are being scammed in some fashion.

A. These tall tales are a scam. A reader sent email to me informing me that this iridium copper draws grains of rice towards it. I can only imagine the sleight of hand tricks used to bilk investors of their cash, while demonstrating the 'rice pulling' attributes of their product. I guess the rice pulling is a way to identify iridium copper from just another lump of ore.

In the same email, the writer told me that this iridium-copper is also a cure for cancer. I really wouldn't be too interested unless this stuff did something really amazing, like cure dandruff or take coffee stains out of my carpet.

This is another scam. Personally, I like the black money from Uganda scam better.

A. There are genuine buyers for this material. There is a research institute which buys these kind of material purely for research purpose. Please send more details and contact nos to contact you. I will be glad to help you.

? If not a scam, why make it look like one, Ravichandar? If true it would obviously make more sense for you to just tell us the name and location of the research institute rather than posting no info about it or yourself except a free disposable e-mail address you can dump and replace in 15 seconds; the same kind of untraceable free e-mail address and lack of real contact info used in all similar postings.

 Speaking as an Idahoan.. will it also pull taters out of the dirt? WOW.... I could make a million!

 May I advertise a related product? My patent pending bullshit detector is available only to natural born suckers at a price of 10 million Nigerian dollars each, it's guaranteed to work and is in fact currently flashing and clanging loudly at these rice pulling threads.

Our site often receives postings "offering to buy" rp coins for millions of dollars--but they include no contact info except for a free disposable e-mail address.

Shortly thereafter we will receive offers to sell rp coins at about a third that price but they are from the very same IP address. It is obvious that these "offers to buy" are bogus and they were posted to try to make potential buyers believe that there is a resale market for this garbage. Don't believe it! All "offers to buy" are just made up to trick you. Everybody is selling; nobody is buying except the sucker who is being swindled.

A. Hello Dear Readers...

Well I would like to say that so many people are suffering with this unknown business I almost heard that someone trying to sale his rp item but he lost everything which he had earned by hard work ...

In my opinion no one is true person in this field, well god bless every one ...

RP business is totally fake. I lost 2 lakhs for show. I personally advise to all friends related this field: don't believe rp especially for showcase amount.

A. Hi all

Let me explain you about this so called RP or iridium business. There is no such business in existence. Anyone who believes about this business is being conned by some group of artists. There is a big group in Tamilnadu who is expert in doing such things. First they will find a potential investor for the material. Then the agent who is aware of the scam will introduce the investor to the seller. He will screen the investor for further process. Once he is convinced that the seller can invest some money then he will somehow convince the investor to find out a company to take this.

Now the investor will go for a search and the company of this same group will enter. The company guy will not ask for any deposits or so. We will simply come to the place where the metal is located (the same place where these artists plan). The investor believes him as he is not asking any money to come and test the material. He will come and test it ok. Now the real game starts. He will say all bullshit story about 10000 cr Rupees, etc. He will promise to do the deal only in any metro cities as it is not possible to transfer funds to the rural areas. (Mind it that this type of material is always in rural towns). He will tell the investor to get the stuff to metro cities and he will pay a token once the material is reached there within 24 hours of the arrival of the material (Token will be some 50- 100 Crores).

Now the investor is in greed to fetch that much money. This time the seller says I can't bring the stuff to any metro cities without any token advance in his place which company guy will deny. Then the investor give some money, maybe lakhs or even crores depending on his capacity to the seller to bring the stuff to metro city. They will come to an agreement and the seller will take some bonds signed and blank check from the investor as a guarantee for the balance amount. They will take the stuff to the city and the company keeps dragging saying all cock & bull stories and meantime the seller escapes.

No one can trace them as they have faked all their ID and address. They will change their phone. The investor can't go for a case because of some fear as these guys have his signed bonds and blank cheques. I don't understand why these investors are not complaining to the police. Maybe because of social embarrassment. Anybody who is been conned by this modus operandi do please mail me; I will try my best to trace these sellers and companies. I know a few groups who do like this and fetched few crores from people. We will trap them discreetly. If you trust me do please mail me. Trust me, I have done lot of research in this and finally I entered a group to find out what is their modus operandi. That's why I said I can trace.

Thanks
ram

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Ed. note: We greatly appreciate the explanation, Ram, but we do not put our readers into private contact with each other. Sorry. There are many reasons we don't, but from thousands of miles away, we have no way of knowing whether this is yet another layer of the scam anyway --collecting additional money from the victims to "recover" their money. Please let undercover police officers, who are armed and sworn, and who have the legal power and resources of the state, do the undercover police work.

Q. They say iridium could be found in old treasures once as the buried gold turns into this hard metal? Is this true?

A. Hi Harry. No, of course it's not true as that would violate every tenet of basic chemistry. But it is fortunate because iridium is less valuable than gold.

Regards,

Hi Friends,
Please don't believe RP (rice puller) stories. All bullshit. One of my friends lost more than 1 crore and lost his health and everything. I have been observing for past 4 years; I have not seen a single success story. Please do not waste your time and energy.
It's a fake...

Hi Rana. I have no idea if that's true or not, but believe whatever you wish -- just don't put your family into poverty by "investing" in shams and scams :-)

A little knowledge is a dangerous thing, and the fact that Sr₃CuIrO₆ has some unexpected magnetic or electrical properties is all the scammers need to add a sheen of science to their scams :-(

Regards,

A. Hi. All this Iridium Ir 91 has many useful features, and it's been bid on the ounce rate, so it's not fake. But scamsters all around make their fast bucks by conning and cheating the innocent ones. And people too are greedy and fall prey to such things.

Hi A.K. You are doing a great service to others by warning them. Thank you very much. It may take a while to get your life back to the creature comforts you formerly enjoyed, but the world appreciates that your hardship can help so many others in the meanwhile. A large part of the reason we are on this earth is to help others, not just ourselves -- the world needs you to keep doing that.

Regards,

A. Guys, please don't get involved in such cases. There is no existence of such kind of item. I have seen hundreds of people on the road they talk about billions on "Half Chai" Tea.

So many people lost lakhs of rupees in this fake field but thank god I haven't invested a single penny. Being an NRI, people try to fool me with such kind of things but I never got trapped; instead I have seen those who invested never get return. And they are on roads and keep trying to hunt the item and innocent people to recover their losses. So be careful -- there is nothing called RP.

A. Hi friends, same scam rice pulling but a little different...they told that I have completed the business. They're waiting for the clearance; for that they asked me to pay 200000 ... And they committed rupees 50 crs for me almost completed wait for 10 days ... but still now I didn't receive money, waiting for 6 months. I lost entire money, but still waiting friends.

HI ALL,
I WANT TO SAY SOMETHING ABOUT "RP". IT'S 100% FAKE NEWS ABOUT RP. STILL SO MANY PEOPLE ARE WAITING FOR CRORES OF MONEY. I INVESTED 50K LAST 1 YEAR BACK. STILL I'M WAITING FOR 50K NOT MORE THAN THAT. MY SUGGESTION IS DON'T PUT ANY SINGLE RUPEE ON RP MATERIAL AND SUCH STUPID THINGS.
SPREAD THIS STATUS TO ALL. YESTERDAY ALSO ONE OF MY FRIENDS TOLD ME ABOUT RP, HE SAID FIRST SEE THE MATERIAL AND ONLY THEN INVEST BUT I REFUSED ... DONT SPOIL LIFE.

SATYA