Monday, February 23, 2026

FRANK26…….BANK STORIES

 

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CBI Warns Of Fraud Schemes Involving Various Banknotes

 CBI Warns Of Fraud Schemes Involving Various Banknotes

Baghdad – INA   The Central Bank of Iraq on Monday warned of fraud and scam operations being carried out using different types of banknotes.

In a statement received by the Iraqi News Agency (INA), the bank’s media office said it had detected several fraud schemes carried out by individuals seeking illicit financial gain, urging citizens to exercise caution to avoid falling victim to such practices.

The bank explained that the most prominent schemes observed inside Iraq include the sale of a so-called $1,000,000 banknote presented as legal tender, when in fact it is merely a non-circulating commemorative note. It stressed that the highest denomination of U.S. currency in circulation is the $100 bill.

It added that scammers are also promoting black-coated paper cut to the same dimensions as a $100 bill, falsely claiming the notes will return to circulation once the black substance is removed—an assertion the bank categorically denied.

The statement further noted that fraudsters are circulating withdrawn foreign banknotes that no longer hold any monetary value and exchanging them for Iraqi currency at inflated amounts using various deceptive pretexts. 

It also warned against counterfeit or printed dollar and dinar notes marked with terms such as “specimen,” “invalid,” or similar labels, often marketed as genuine currency despite being intended only as toys or samples.

The Central Bank confirmed that the relevant authorities have been notified to prevent the printing or import of such materials into Iraq.   https://ina.iq/en/economy/45673-cbi-warns-of-fraud-schemes-involving-various-banknotes.html

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COFFEE WITH MARKZ: QFS, RV, Iraqi Politics & Venezuelan Currency Changes – What You Need to Know

 Introduction

February is closing out, and MarkZ has shared his latest insights on the Quantum Financial System (QFS), the anticipated revaluation (RV), and recent geopolitical movements. From Iraqi political shifts to Venezuela's currency overhaul, investors and enthusiasts are eager for clarity.

In this post, we break down the key updates, provide analysis, and answer your pressing questions.

MarkZ February Call Highlights

1. QFS and RV Rumors

  • MarkZ notes a high level of disinformation in circulating rumors. Some groups suggest the QFS could launch tomorrow, while others report conflicting information.

  • Despite the confusion, bond and currency sources (Tier 3) expect major announcements soon, potentially within days.

  • Key takeaway: Stay calm and informed, as rapid rumor spikes make vetting difficult.

Featured snippet:

“Conflicting reports on QFS and RV are normal during this phase. MarkZ emphasizes patience and verification from credible sources.”

2. Iraqi Political Updates

Key Insight:

Political shifts in Iraq could accelerate QFS-related announcements if stability is achieved.

3. Venezuelan Currency Overhaul

  • Reports indicate Venezuela is transitioning to two types of money starting March: the new Venezuelan currencyand USD at a 1:1 rate.

  • Strategy may mirror Kuwait and Iraq’s currency replacements, avoiding the need for physical travel for currency exchange.

  • Potential for digital deposits or SKRs (safe keeping receipts) to facilitate the exchange.

Google Discover snippet:

Venezuela plans a currency transition in March 2026, simplifying exchange and aligning with USD at a 1:1 ratio.

4. Market & Financial Rumors

  • HCL Approval: If approved this week, RV may occur just days later.

  • Tariff 232: Mentioned as a possible “Plan B” to switch currency values.

  • Other rumors include alien disclosures, cartel wars, Iran strikes, and Epstein files—mostly distractions, but worth noting for geopolitical context.

MarkZ Member Q&A

Q1: Will we have to go to Venezuela to exchange old bolivars?
A: No, exchanges may happen digitally or via SKRs in multi-currency accounts.

Q2: Does QFS need public announcement along with the asset-backed dollar for RV?
A: MarkZ believes it will happen around the same time, possibly days apart.

Q3: How soon after HCL approval will the RV occur?
A: Likely within a few days, according to MarkZ.

Q4: What about rumors of payments already made?
A: Conflicting reports exist; some claim payments have occurred while others deny it. Verification is key.

Key Takeaways

  1. Rumors are rampant—disinformation is expected during this time.

  2. Geopolitical shifts in Iraq could accelerate financial announcements.

  3. Venezuela is transitioning currencies, potentially streamlining the process for international exchange.

  4. Patience is critical—MarkZ encourages calm and informed observation.

Conclusion

This February update from MarkZ highlights a dynamic financial landscape with potential major shifts in QFS, RV, and currency systems. While rumors fly fast, staying informed, calm, and cautious is essential.

MarkZ encourages monitoring events closely, as the situation could evolve rapidly, especially regarding Iraqi politicsand Venezuelan currency transitions.

Connect & Follow Us

MarkZ Disclaimer: Please consider all content as opinion. Always verify information and consult professionals for financial decisions.

Hashtags 

#MarkZUpdate #RV2026 #QFSLaunch #VenezuelaCurrency #IraqPolitics #FinancialNews #CurrencyRevaluation #InvestingTips #CryptoAndCurrency #DinarCommunity #BreakingFinance

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning…..last of February…..clock is ticking

Member: GM Mark and friends.... new week ... new hope

Member: MarkZ is really scaling us back on podcasts, maybe it’s almost time!

Member: Is today the day? I still have great hope for February…how about you Mark?

MZ: I also still have great hope for February…..there are sure a a lot of rumors running around. 

Member: Friday you described yourself as bubbly and excited ....the movement of certain people has your undivided attention...so what are we waiting for now?

Member: Sure are lots of crazy rumors over the weekend..

Member: The Confusion Is Intentional & 'Could' Mean We Are Close, Very Close ...

MZ: The rumors are running crazy and obscene….They are up, down and conflicting. It is difficult to figure out what is real and what is not. We are getting different stories from different groups. To me there is a extreme level of disinformation going on. 

MZ: I have a couple of bond sources that very much believe that the QFS opens completely tomorrow and we get announcements…..sounds great….right? I hope they are right.

MZ: To me its very interesting that from some of the same groups…. on the bond side some claim some have been paid….and when I reach out to some of the key people they tell me they have not been paid…so we are getting conflicting information. 

MZ:  What I am also hearing from some bigger bond and currency groups attached to sovereigns (Tier 3) that they have great expectations for this week. 

MZ: It is only Monday morning and getting this much information and rumors is highly unusual. Stay calm…getting this many rumors at once makes vetting difficult…..so stay calm. Its odd that so many groups were told QFS releases tomorrow…and other groups were told when the QFS is live – that when they get to go…..and QFS is expected to go tomorrow…..guess we will see…..just stay calm

Member: There was so much that was prerequisite to the RV. Drip, drip, drip, flood! You are seeing it. It's all good!

Member: I wonder- does the QFS and the asset backed $ have to be announce publicly together before the RV?

MZ: I still think it will go about the same time 

Member: Maliki back out this morning saying he absolutely will NOT withdraw!

Member: WHY?? Did Sudani not revalue the IDQ before the election???

MZ: “ After Tom Barack’s visit to Baghdad- did Al Sudani get the green light for a second term?” The US is definitely pushing. Evven Suadi Arabia is pushing and sent a message against Maliki’s return and is pushing for a return of Al-Sudani. 

MZ: There is a lot happening this morning in Iraqi politics. We may see the end of Maliki’s political career this week….at least for now. 

Member: If HCL is approved this week…will the RV immediately or wait a couple weeks or months?

MZ: I would say just days after the HCL is approved. 

Member: US forces begin the largest withdrawal from northern Syria towards Iraqi Kurdistan

MZ: They are moving out- at least 100 trucks,….accompanied by air support. Some very interesting movements. Are we re-positioning these troops because of Iran? Or do we not care about Syria anymore? I think there is something deeper in these troop movements that happened all of a sudden. 

Member: Mark- Friend of a friend stationed in Iraq says they are on the move and will be out of contact for 2 months

MZ: In Iraq “Central bank warns of fraud in various bank notes “ This is very interesting. They are claiming almost all the bolivar there ..they are getting inundated by bills that don’t even exist. Iraq is getting an influx of fake Venezuelan bills being sold to Iraqis. 

MZ: A person on the ground in Venezuela says they had a conversation with a friend of his wife. He has high knowledge what is happening there in banking in general. He claims starting in Mrch there will only be 2 types of money in Venezuela and that they are transitioning their money. They will use US money and the new Venezuelan money….and they will be worth 1 to 1. So that is the new bolivar….nobody panic …we are watching and trying to find answers on the bolivar a lot of hold right now. 

MZ: They may be handling this like Kuwait and Iraq did it. They got rid of their old currency and the new rate applies to the new currency. Kuwait did that. Iraq did that with the old Sadaam Hussein bills. Now the important part for us….if they do this…how do we exchange the old venezulan currency for the new Venezuelan dollars? There are a lot of rumors. I will let yu know what we find out when I know…..we are chasing it. 

MZ: It is possible we will have to change our old bolivar for the new Venezuelan dollar…..and then exchange it for USD or whatever your national currency is at the reset. 

Member; Will we have to go to Venezuelan to exchange or can we do it here in the US?

MZ: No part of me thinks any of us will have to go to Venezuela to exchange. Its possible we will be able to exchange the old bolivar for SKR’s (safe keeping receipts)  or deposit it digitally . Like in a multi currency account. That would not surprise me. 

Member: I believe President Trump has a State of the union speech tomorrow night. 

Member: President Trump says Supreme Court "accidentally and unwittingly" gave him more power after tariffs ruling. It's all very good!

Member: “Tarriff 232” might be “Plan B” that switches the value of our currency. Bessent mentioned this .

MZ: it very much could be. 

Member: Alien disclosures, cartel wars, Iran strike, Epstein files. Other than that should be a pretty slow week in the news lol

Member: Fingers crossed this is our big week……stay safe and warm everyone. 

Ron the Inventor joins the stream today. Please listen to the replay for his information.

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FRANK26…….BANK STORIES

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