Dear IRTA & UC Members:
Many of you have already received telephone calls from "currency
officers" of American Open Currency Standard (AOCS). This is a
“Liberty Dollar” type group that claims they are a barter exchange
that is trying to establish their silver coins as a common medium of
exchange.
The problem is the group is unlawfully posting many legitimate
barter exchange’s membership lists on their web site and claiming
such members are “trading partners” who are willing to accept AOCS
dollars in exchange for their goods or services.
We would recommend you check-out the
www.opencurrency.com site and do a zip code search on the
“marketplace” section. If you do find your exchange’s members listed
as AOCS participants we would recommend you have your attorney
contact AOCS to request they immediately cease and desist and remove
your membership list from their site.
IRTA’s legal counsel is drafting a similar letter to be sent this
week to AOCS, a copy of which will be forwarded to you when it is
completed.
Thank you for your time and attention.
David Wallach
President, International Reciprocal Trade Association
