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NZ-based Private Investigative Author & Blogger (Ret.)

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MESSY! 8.Authorities: Upping the Ante

11 September, 2022 by dennis Leave a Comment

The essence of this short post is that New Zealand’s Commerce Commission will be provided sufficient information to investigate the BBX operations in New Zealand taking into account two factors:

1. The devaluation of the BBX currency (currently backed by less than 1c in the trade dollar) and

2. Misrepresentation of the BBX membership and the BBX organisation in New Zealand (It’s ‘dead’ and an outright fraud).

The New Zealand Government doesn’t appreciate foreigner fraudsters like Caroline Macdonald, her sister (Magali Russo) and her late father (Michael Touma) popping across the ditch to rip us all off. It can work for a while, but eventually when the con is over the crooks usually get their just deserts. It’s too early to predict the outcome of ComCom’s enquiries but BBX NZ is dead, that’s for sure!

Upping the ante is a card player’s phrase which means increasing the amount put at risk. It has nothing to do with the odds which relate to the chances of a win or oss. It is normally done by those with a strong hand, encouraging those with a losing hand to fold or lose more.

Caroline said to an ex-business partner that things were likely to get “messy” and that she welcomed a public fight if he chose to go down that path. He did. Involving the Authorities in NZ to investigate the BBX fraud is a form of upping the ante.

One of my lawyers in Auckland has recently engaged top Wellington Barrister Felix Geiringer to take the matters further with the Authorities downunder. Felix comes well recommended having totaled the crooked cops who tried to muscle into Nicky Hager’s home and business under the guise of an illegal Search Warrant and found wanting in their handling of Military matters..

Nick Hager, High profile New Zealand Investigative Journalist

The man at the centre of this shame on the Police, Nicky Hager is a household name in New Zealand and it would be fair to call him the father of investigative journalism in New Zealand, I don’t share much of the basis of Nicky’s work but I deeply respect his willingness to put it all on the line. Here are a couple of his sentiments:

During the twenty years I have been involved in investigative journalism, I have met and worked with many investigative journalists from other parts of the world. The common feature I’ve seen time and again is about their motivations. All, or at least all the best, investigative journalists I have seen around the world are doing it to make a difference. There are much easier options if the goal is to be a media star or celebrity. They are sickened by the atrocities of war, or enraged by people who tell lies or hurt others. They may be upset by the corruption that undermines their country’s government or by companies that ravage its natural environment. There is the personal challenge and pleasure of investigating things that are hard to crack, but there’s no doubt that caring is at the heart of why most people do investigative journalism. That is why they are willing to do the hard work, accepting obstacles and disappointments, and keeping going anyway.

Nicky Hager

I’m 100% with this observation and concur too with the following analysis:

We investigative journalists are not technicians; we have acute observation powers and instincts. One of the main things we bring to our work is that we think about and care about issues. We have strong opinions (strong and hopefully well informed opinions). We recognise problems that others aren’t thinking about. We are offended by immorality and deceit.

Nicky Hager

Offended by immorality and deceit? You betcha! So Nicky says this of the guy who will be getting his teeth into the BBX thing downunderr:

“Felix is genuinely a genius” – Nicky Hager

I’m not a lawyer but it does seen to me that when it is ‘genius‘ and the New Zealand authorities vs a crook like Caroline Macdonald, I reckon the smart money would be probably be best put on BBX New Zealand closing down once and or all, voluntarily or otherwise.

I now share the entire book The BBX Investigation – my deep dive of Q1, 2017 that exposed the BBX fraud and brought it to its knees.

MESSY! The Caroline Macdonald Backstory

  1. MESSY! 1.Introduction
  2. MESSY! 2.The REAL Caroline Macdonald
  3. MESSY! 3.The Blackmail Conversation
  4. MESSY! 4.IRTA's 2022 Shame
  5. MESSY! 5.Analysing the Conflict
  6. MESSY! 6.Dealing With the Devil
  7. MESSY! 7.Getting Hidden Help
  8. MESSY! 8.Authorities & Upping the ante
MESSY!

The BBX Investigation

  1. PUBLIC WARNING: BBX Barter (2381 words)
  2. War Erupts Within BBX Barter (4090 words)
  3. BBX is Busted – Working it Out (2388 words)
  4. BBX has big, Big, BIG Problems (1778 words)
  5. The Demise of BBX (3489 words)
  6. BBX – A Summary (1308 words)
  7. Reflections on Investigating BBX (6394 words)
  8. BBX – The First Criminal Charges (3625 words)
  9. BBX Crimes – The Significance (2,710 words)
  10. BBX Causes Problems for IRTA (2,251 words)
  11. BBX: Rats Off a Sinking Ship (1,715 words)
  12. BBX Data Security Breach (1,852 words)
  13. BBX Threatens – Sue Me PLEASE! (1,511 words)
  14. BBX Memberships – Names in a Database (2,774 words)
  15. BBX UK & The Franchise Show (2,840 words)
  16. OPEN LETTER 1 – BBX Members (162 words)
  17. BBX Currency Analysis – 10c/$1.00 (1,527 words)
  18. The BBX People Speak (11,726 words)
  19. More Words from BBX People (15,206 words)21.
  20. How BBX Did It – Lies & Theft (3,663 words)
  21. BBX – Winding Down/Winding Up (3,217 words)
  22. BBX New Zealand Analysis (828 words)
  23. BBX UK Membership Analysis (1,143 words)
  24. BBX NZ – Serious Fraud Office (1,261 words)
  25. BBX – Thailand Member Analysis (1,165 words)
  26. BBX Minor Countries Analysis (574 words)
  27. The BBX People (2,290 words)
  28. BBX International in a Nutshell (295 words)
  29. The Raw BBX Data (4,463 words)
  30. BBX Members React – It’s War (5,617 words)
  31. BBX and Issues of Morality (1,363 words)
  32. Warning to BBX Staff & Associates (1,944 words)
  33. BBX Devaluation Helps With Tax Losses (1,269 words)
  34. BBX Rips Open the Barter Industry (1,237 words)
  35. MEDIA RELEASE: Barter Tax Avoidance Warning (516 words)
  36. BBX Whistleblower: Cameron McKean (4,994 words)
  37. The BBX Investigation Final Comments (1,504 words)
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