• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
Dennis A. Smith – Digital Home

Dennis A. Smith - Digital Home

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

  • Home
  • About
    • First Time Visitors
    • Biography
    • Called Out
    • Conspiracy
    • Disclosure Statement
  • Posts
    • All Posts
    • Featured
    • Book Reviews
    • Money, Currencies
    • Latest Musings
      • Latest Musings
    • Short Stories
    • The Samoa Files
  • Books
    • All Books Listed
    • Deception – The MH370 & MH17 Stories
    • EVIL UNMASKED!! Understanding Widespread Systemic Satanic Pedophilia
    • I Fed the BABY
    • MESSY! The Caroline Macdonald Backstory
    • Mistakes of the Monetary Reformers
    • The BBX Investigation
    • The Crewe Murders UNMASKED!!
    • The Secret Life of A Private Investigator
    • US Election Fraud UNMASKED!!
  • Contact
    • Email Form
  • Email List

27. BBX Minor Countries Analysis

9 September, 2022 by dennis Leave a Comment

I finish my analysis of BBX memberships analysing Malaysia, Singapore, India, Costa Rica, Taiwan, Hong Kong (BBX’s supposed home) and China. Excepting perhaps the last one, it’s bad, more bad, even more bad and worse still. As previously reported I have taken the actual members with actual balances, totaled them to get the balance/ratio of debts and credits; picked out any Bad Debt Reserve Fund and highlighted Bad Debts. In the process I have also identified missing transaction values. Enjoy then the analysis of the remaining membership and account balances from BBX International.

[ORIGINALLY POSTED in February 2017 at http://www.dennis.co.nz/2017/03/27-bbx-minor-countries-analysis/index.html]

I start with two BBX exchanges owned by an Asian business woman Dr Lee. She has entered into a partnership arrangement with BBX – she uses the BBX platform and currency in her two barter businesses, well she used to at least. I suspect that she either has or will pull out from this arrangement. She’s unlikely to see her money again.

Malaysia

Members in the database: 197

Members (according to IRTA’s rules): 35

Total Members in Credit: $444,043.81 (89 members)

Total Members in Debt: $150,929.06 (85 members)

Bad Debts: $0.00 (unidentifiable)

Bad Debt Reserve Fund: $0.00

Missing Transactions: $293,114.75

Currency value: 50c in the $

Singapore

Members in the database: 125

Members (according to IRTA’s rules): 39

Total Members in Credit: $923,772.97 (63)

Total Members in Debt: $705,423.34 (57)

Bad Debts: $434,784.01*

Bad Debt Reserve Fund: $0.00

Missing Transactions: $218,349.63

Currency value: 45c in the $

* Reciprocal assets – likely unrealisable

India

Members in the database: 726

Members (according to IRTA’s rules): 10 (last trade August 2016, only a dozen transactions in the last year or more)

Total Members in Credit: $32,970,723.01 (139)

Total Members in Debt: $32,970,723.01 (417)

Bad Debts: $32,970,723.01 (entire debtor list)

Bad Debt Reserve Fund: $10,739,860.36 (positive?!)

Missing Transactions: $423,657.85

Currency value: NIL

Costa Rica

Members in the database: 190

Members (according to IRTA’s rules): 40

Total Members in Credit: $367,639.57 (77)

Total Members in Debt: -$517,359.49 (76)

Bad Debts: $413,887.59 est

Bad Debt Reserve Fund: $56,539.17

Missing Transactions: $149,719.92

Currency value: 82c in the $

Taiwan

Members in the database: 115

Members (according to IRTA’s rules): 0 (No trading in the last 12+ months)

Total Members in Credit: $543,825.46 (45)

Total Members in Debt: $409,445.52 (19)

Bad Debts: $409,445.52

Bad Debt Reserve Fund: $0.00

Missing Transactions: $134,379.94

Currency value: NIL

Hong Kong

Members in the database: 15 (BBX related entities)

Members (according to IRTA’s rules): 0

Total Members in Credit: 0

Total Members in Debt: 0

Bad Debts: 0

Bad Debt Reserve Fund: 0

Missing Transactions: 0

Currency value: NIL

Philippines

Members in the database: 3

Members (according to IRTA’s rules): 1

Total Members in Credit: $853,824.16 (1)

Total Members in Debt: 0

Bad Debts: 0

Bad Debt Reserve Fund: 0

Missing Transactions: $853,824.16

Currency value: NIL

China

I now come to the hardest Franchise for me to comment on, China. The reason for my difficulty is that I don’t speak Chinese and I don’t have any Chinese agents/investigators (yet), thus apart from the figures I can’t speak with authority outside of just looking at the figures and running off heresay.

This causes me to pause and caution readers that while I can present figures, I cannot actually confirm BBX China’s performance. There are certainly a lot of dead members and some funny balances that look to me like promotional deals, not real trading, but the figures do indicate real trading. That there have been reports of misrepresentation and dishonesty up there which I have shared previously but there may be other things that could balance this assessment.

Here then are the raw facts:

Members in the database: 5765

Members (according to IRTA’s rules): 2276

Total Members in Credit: $5,159,342,57 (3644 members)

Total Members in Debt: $4,109,667.61 (1481 members)

Bad Debts: $81,977.30 est

Bad Debt Reserve Fund: $0.00

Missing Transactions: $1,049,674.97

Currency value: 65c in the $

The BBX Investigation Series

  • 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 The BBX Knives Are Coming Out  (1,791 words)
  • 15. BBX Memberships – Names in a Database  (2,774 words)
  • 16. BBX UK & The Franchise Show  (2,840 words)
  • 17. OPEN LETTER 1 – BBX Members  (162 words)
  • 18. BBX Currency Analysis – 10c/$1.00  (1,527 words)
  • 19. The BBX People Speak  (11,726 words)
  • 20. More Words from BBX People  (15,206 words)
  • 21. How BBX Did It – Lies & Theft  (3,663 words)
  • 22. BBX – Winding Down/Winding Up  (3,217 words)
  • 23. BBX New Zealand Analysis (828 words)
  • 24. BBX UK Membership Analysis  (1,143 words)
  • 25. BBX NZ – Serious Fraud Office  (1,261 words)
  • 26. BBX – Thailand Member Analysis (1,165 words)
  • 27. BBX Minor Countries Analysis (574 words)
  • 28. The BBX People (2,290 words)
  • 29. BBX International in a Nutshell (295 words)
  • 30. The Raw BBX Data (4,463 words)
  • 31. BBX Members React – It’s War (5,617 words)
  • 32. BBX and Issues of Morality (1,363 words)
  • 33. Warning to BBX Staff & Associates (1,944 words)
  • 34. BBX Devaluation Helps With Tax Losses (1,269 words)
  • 35. BBX Rips Open the Barter Industry (1,237 words)
  • 36. MEDIA RELEASE: Barter Tax Avoidance Warning (516 words)
  • 37. BBX Whistleblower: Cameron McKean (4,994 words)
  • 38. The BBX Investigation Final Comments (1,504 words)
Print Friendly, PDF & Email

Filed Under: The BBX Investigation

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Spiritual Sovereignty Depends on Spirit
  • Bye, bye Taumarunui ~ Hello Raetihi
  • A Voice From The Past
  • Finally, Things Start To Happen
  • Trusting & Trusts
  • My Plans, A Warning & Legal Updates
  • Geo Political Update
  • Club Wairua Finally Kicks Off
  • BOOK REVIEW: The Crewe Murders
  • When We Were Young And Cute
  • My Father Died earlier this Morning – CYA Dad
  • BOOK REVIEW: Diana ~ Cock-up or Conspiracy
  • Some Do The Right Thing!
  • Bridge Gate – The Dali Disaster
  • Using & Abusing Death
  • EViL UNMASKED!! Oprah, Pride & Self-Promotion
  • The [Hated] Baileys – Speaking Truth
  • LoS –> LoG –> An IFTB [Re]Search Tool
  • Bye, Bye Oprah … et al
  • Understanding Aspergers’s Syndrome – Reiner Fuellmich
  • Understanding Human Nature . . .
  • Book Review: SOTHEBY’S Inside Story
  • The Gift of Sovereignty
  • Best wishes for 2024
  • Hoffman: From Usury to Homosexuality
  • Celebrating STS>WVS>DLS>DAS>JDS>JS
  • End times sure, but NOT the End of the World
  • Updates, 20 September 2023
  • Evil UNMASKED! Laurie In A Legal Scrap
  • Sound of Freedom – “Really F***ing Good!”

Copyright © 2025 Dennis A. Smith · Ph: 06 385-4444 or 09 489-2222 ~ 40 Duncan St, Raetihi, 4632, New Zealand · Disclosure Statement · Contact Details · Club Credits ID: FX693M8 · RSS Feed · Comments Feed · dennis@dennis.nz