Belize Oil Spotlight


Belize Oil

Hard-hitting investigations. An investigation into Irish hypnotist Tony Quinn and his company Educo, looking at his influence and involvement in a Belize oil company.


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Tonight on Spotlight. On the trail of Tony Quinn. Visionary, guru,

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hypnotist. The purpose of life is to experience life, not to see it

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on -- sit on the side line and think about it. Life coach and

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saviour to some, cult leader to others. He raised a fortune from

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thinks believers, but we uncover claims that he has exercised a

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sinister influence over them. Most extraordinarily of all, the inside

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story of how two of his followers from Northern Ireland struck oil in

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Central America and founded a multi million dollar business. I have to

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tell you, it has been an amazing journey. Only to fall out over

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Quinn's role in the firm. It's been a long, hard, tough time. Tougher

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than anybody could possibly imagine. It began as a fairytale, with

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adventure, exotic locations and outrageous fortune. How did the

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dream go wrong? Questions surround what tbg and his supporters have

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done with a fortune in oil money -- Tony Quinn. Something we put to him

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when Spotlight tracked him down overseas. Dr Quinn, are you going

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to pay back INE the money, the millions that the shareholders say

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I'm watching a promotional film for a highly controversial self-

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improvement therapy called Educo. My turnover of my business shot

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through the roof. It was incredible. It went from �8,000 a week turn

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yofr to �0,000, effortlessly. goes beyond belief. It's a new way

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and a new dimension of living. promises to change your life.

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can't believe I went through an operation without anaesthetic.

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is not possible for the first time ever to take control of ageing and

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indeed health. You are in a position to produce what I call

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designer lives. Educo, the educational system of the future,

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today. It is the brain child of Dr Tony Quinn, Irish yoga teacher

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turned business guru. His courses cost anything up to Sum Sum a time.

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I wanted to investigate claims that he exercises a strange influence

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over his believers. In particular, the story of a feud between two of

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his former followers, two women from Northern Ireland Susan Morrice,

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a renowned geologist from Belfast. Her former business partner,

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Fermanagh woman, Sheila McCaffrey. Both had started as fans of Tony

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Quinn's teachings. When I'm working with people, what I try and do is

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take out everything that's possible and put it in front of them. They

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choose how far they want to go. I would discover, the women

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disagree on him and they can't An annual meeting in Dublin of

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International Natural Energy. On the right, Susan Morrice, company

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Chairman. On the left, Sheila McCaffrey, her former Chief

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Executive. The meeting descended into chaos. No actual business

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seemed to be getting done. Shareholders seem in one way,

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mystified, but there are plenty of angry shareholders in there too.S

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can hear now with the shouts in the background. At stake was the very

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future of the company, but for many, what was most striking was the

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animosity between Morrice and McCaffrey. Shareholders were taken

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aback. It was quite extraordinary day. I've never seen anything like

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it. It was clash of the titans. Two female directors absolutely

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fighting the piece out. The whole floor erupted. More people were

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standing than sitting. There was shouting. Complete disorder. It was

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a call to order a few times. There were seven American lawyers there.

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They couldn't control the situation at all. Were you shocked to see the

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goings on? Yes. I expect that adults would behave with a little

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bit more decorum than that. It was a disgrace. Susan Morrice's

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leadership had been attacked. It was her relationship to Educo and

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Tony Quinn that was under examination. Exactly what position

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did he have in the company's balance of power? After the meeting

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imploded, shareholders seemed to have made up their own minds.

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Quinn has complete control over her. He's the puppet master, she's the

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puppet. God help her, he has complete control of that lady.

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as serious, Susan Morrice had been accused of spending major amounts

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of company money on herself. I put that to her as she was leaving with

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the wife of her late business partner. Shareholders believe that

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you are using the company as your personal bank. Absolutely not.

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That's total lies. Total lies. shareholders say you are still

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under the influence of Tony Quinn, is that truet? That is absolutely

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ridiculous. Susan would file a complaint with police about

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disruption at the meeting. As she left, she may well have reflected

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on how she and Sheila had become such enemies after years of

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friendship. The two women had met on the lawn of the White House over

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a decade ago at an event promoting trade in Northern Ireland. Both

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were young entrepreneurs. Susan was already a world renowned geologist.

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Prospects are improving, Susan Morrice? Yes, they are. With this

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particular type of technique we are using we can get an idea of the

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structures or the hills underneath the ground. Sheila, here in her

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native Fermanagh, was a business woman on the up. We have about

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roughly half of it dedicated to office accommodation for computer

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workers. It was their later deveetion to Educo and Quinn that

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would lead them to their greatest success --devotion. Belize, Central

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America. For 50 years, petroleum giants had tried and failed to find

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oil here. But Susan Morrice and Sheila McCaffrey's company struck

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oil first time. It was an average dale in Belize, hot, 40 degrees. We

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were... Everybody was anxious. It was a... You know, a make-or-break

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day as far as we were concerned. People assembled on the site, at

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dawn, coming up to 5.30 am. The sun rose over Spanish lookout. Did I

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think the world would be a different place by the time the sun

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went down? I hoped it woofplt I dreamed it would. This is -- would.

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I dreamed it would. This is the moment their lives changed. Yeah!

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It was a moment mouse day for everybody involved. I never seen so

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many grown men cry in my life. Susan and Sheila's company had

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struck black gold. Hundreds of millions of dollars' worth of oil.

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The Belize oil strike had its origins in the Educo seminars. Both

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women had taken part in them and had been taught "dreams can become

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reality." It was Sheila who introduced Susan to the life-

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changing course. A concept that Susan continues to champion to this

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day. That seminar allowed me to join the dotts. It was like a major

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Eureka moment, when I realised that this life that courses through all

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of us, that is our very being, is quite a separate part than the

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group of thoughts of mind sets that we believe are ourselves. Educo

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promised a very different approach to business, life and the power of

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the mind. Susan even promoted it on her website. Educo makes many

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claims about its benefits. Many psychologist maintain we are only

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using a small percentage of our minds. Vair yours estimates have

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been offered from as high as 10% to as low as 5%. The science behind it

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is questioned. I would be very sceptical of that there. In fact, I

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would go so far as to contend that and say it's nonsense in many ways.

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I mean, when they say about using more of your mind. They say that we

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only use 10% of our mind. Which is incorrect. That is something that

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has been a myth in psychology for a number of years. Dr John Butler is

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an expert in hip know therapy and a long time critic of Educo and it is

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emphasis on money. Educo is a mind development system that promotes

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the idea that by studying the course information they have, you

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will improve your quality of your life. It has a very strong emphasis

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on material success, but it also applies to what they call "gaining

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more life" being more in touch with life. It has a quasi-spiritual

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aspect to it. It sounds positive. It sounds like a life-changing

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force? That's the claim. Yeah. That's what people are promised.

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Whatever the real benefits of Educo, there is no doubt that Susan and

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Sheila were grateful to Quinn as the inspiration behind their

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success. They gave him a vast shareholding in the company. He

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would soon get a seat on the Board too. Quinn would benefit hugely

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from the company, certainly more County Down. The oil venture had

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been funded partly by other followers of Quinn's teachings. One

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of them, a retired nurse living in Donaghadee. I needed to break out

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of the rut that I was in. It seemed to me to be a door that was opening

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that was, perhaps, worth pursuing. Margaret Coutts' husband had died.

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She felt she needed to rebuild her life. She signed up for the Educo

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course. Margaret hoped it would improve her life dramatically.

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was... I felt it was going to help me, it wasn't very long after I'd

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lost my husband, and I was fighting to find a way that I could live

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Margaret had paid for a two week Educo seminar. Held in Las Vegas,

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it cost around �12,000. I had never done any travelling and I thought,

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well, this is an opportunity to go somewhere that I won't probably go

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again. Staying at Caesar's Palace. It was the two things. What were

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you paying for apart from the accommodation and the flights? What

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were you getting for your money? find that really difficult to

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answer because, the more I think about it, the less I got for it.

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Margaret had been encouraged to fund the oil exploration dream,

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like other Educo followers. Ralph McCutcheon from County Down was an

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aindividual Educo follower. Encouraged by what he believed to

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be its positive, go-getting message. In common with a lot of the people

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who had been on the course, I had been through hard times. I had lost

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my marriage, I'd lost my home. The only way was up. He happily put

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money into the scheme to hunt for oil. When I first met him, he said

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he had never seen a profit or full audited accounts. Shareholders like

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Ralph complained they were kept in the dark. They started asking

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awkward questions. We didn't exist. Some of us formed a shareholders

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action group because we were so concerned that we couldn't get any

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information from the company, we weren't getting AGMs, we weren't

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getting any information at all. We weren't getting accounts. We were

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being completely disregarded. We put the money in. Quinn's role in

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the company had grown. He even wrote directly to shareholders to

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celebrate their success. What did you think when you heard Tony Quinn

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had been given a substantial amount of shares in the company? Where did

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the shares come from? Who gave them to him? Who paid for them? Why

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should he be given shares? With the amount of money he has, why didn't

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he buy them? Why didn't he get involved when the thing was getting

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offer the ground? He waited until it was a functioning company and

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producing oil. He didn't want to have anything to do with it prior

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to that. A lot of questions. George Hamilton is a former Educo follower.

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In one year, he had spent an incredible �70,000 euros on Quinn's

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seminars. He invested thousands in the oil company. When I met him, he

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hadn't seen a cent. According to George Hamilton, Quinn spoke at a

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rare meeting of INE shareholders in 2007. He said that he was advising

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the Board. He said that the advice he had given them was that they

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were giving out too much information. He would be advising

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them to give out very little information. Quinn was now a fellow

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director, but Sheila McCaffrey was becoming sidelined. A new Chief

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Executive was appointed, replacing her. She would later be removed

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from the company altogether. INE, under Susan Morrice's Chairmanship,

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would later say that Sheila did not have the required expertise, the

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company had outgrown her. company didn't outgrow me. The

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company... It went from being an exploration company and it suddenly

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found oil. It's easy for people to look back now and make assumption

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about what happened during the period of time I was there. I

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actually do know what happened. This... Freeze out, of me that

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happened, was purposely orchestrated, designed and executed

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perfectly. We asked Tony Quinn if he was responsible for side lining

:16:02.:16:12.
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Sheila? He denies this. Other shareholders were growing rest lest

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Db restless. The scheme was bringing in big bucks. It was such

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a success. An oil firm worth hundreds of millions of dollars.

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Well, the shareholders were starting to have a voice and people

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wanted to know what was happening to the company which they had

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invested in, basically. There weren't proper accounts. There

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wasn't transparency. People didn't know where the money had gone, if

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the company had made any money or lost money or made money. It's just

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a normal thing companies should do, file accounts and produce books,

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basically. Which seemed to be impossible. Shareholders were in

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open revolt. Sheila McCaffrey had not only been moved aside. Acting

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on information, supplied by the company, police in Belize issued a

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warrant for her arrest. Company property had allegedly been stolen.

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Sheila was dismissed. Susan brought in new blood. Her cousin joined the

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Board. My name is jstqust I'm orginally from Belfast in Northern

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Ireland. When Susan asked me was I truly fulfilled I could feel it

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inside me. I knew I wasn't. So I jumped at the chance and attended

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the two week Educo seminar in the Bahamas. To say that the Educo

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seminar was transforming would be an under statement. Josh Stewart's

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devotion to Educo made him an ideal candidate to team up with his

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cousin Susan on the board of INE. It seemed Educo and INE's

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leadership were almost becoming one, united under Tony Quinn's guidance.

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A new rule had been introduced. Any further investors would have fo

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attend Tony Quinn's Educo courses. This commercial law expert, who

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examined the issue for us, questions that rule. This was very

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odd particularly because the training courses don't seem to

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serve any purpose, so far as the business is concerned. To that end,

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there would be a question whether there would be a conflict of

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interest there. When a shareholder promotes the company for the gain

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of his own personal pursuits or another company that he has an

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interest in, that is a serious conflict of interest The The

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company say this was a short-term measure for four months to protect

:18:40.:18:45.

INE. Another new allegation now surfaced. Some INE shareholders we

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spoke to claimed they were being spied upon and that that came to

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light last year. After the last AGM we had a meeting, that's the

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shareholders who feel that things aren't right, at that meeting there

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was a person in the lobby videoing us coming out of the lift.

:19:10.:19:15.

actually followed one of the agents after a meeting in Dundalk. We

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identified him as a private agent. INE strongly deny they were ever

:19:21.:19:28.

involved in any spying. A number of years had passed since INE hit oil.

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People like Ralph had yet to see a payout. This was becoming a

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critical issue. He needed funds fast. His home was now on the line.

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Others were anxious too. You are generally unhappy though with the

:19:47.:19:53.

way it has been run? I think there needs to be a big window opened on

:19:53.:19:59.

what has been going on. I think the answer to that is, no, I'm not

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happy. INE claims that it was merely a small number of "dissident

:20:05.:20:09.

investors" who were upset with the company. In a court case in the

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British Virgin Islands, Sheila tried to get the company to buy her

:20:11.:20:18.

out or be wound up. She didn't succeed. INE claimed that she was

:20:18.:20:21.

motivated by a desire to destabilise it on behalf of a rival

:20:21.:20:27.

firm. The judge had some serious things to say about INE. He found

:20:27.:20:31.

that Quinn should never have been made director of the company. Under

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its own rules. He criticised the way he and Susan Morrice had been

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running INE. The judge also painted a picture that appeared to reflect

:20:41.:20:45.

what small shareholders had been saying. I had been tipped off that

:20:45.:20:49.

Dr Quinn was out of the country, giving an expensive mind masters

:20:50.:20:59.

seminar in the sun. I tracked him down to Tenerife. What he and Susan

:20:59.:21:02.

had been up to while at the Helm of INE was now beginning to emerge,

:21:02.:21:07.

thanks to the court action. Tony Quinn and Susan Morrice had told

:21:07.:21:10.

investors that they couldn't pay a dividend because their banks

:21:10.:21:15.

wouldn't let them. The judge had found there was no evidence of this.

:21:15.:21:18.

Now, if shareholders wanted any money they had to apply to their

:21:19.:21:25.

own company for a loan. The judge described this as a bizarre

:21:25.:21:31.

arrangement, designed to punish shareholders of whom Susan Morrice

:21:31.:21:34.

and Tony Quinn disapproved. Quinn though was able to tap into the

:21:34.:21:40.

scheme to the tune of �1.6 million. INE maintains it had paid out

:21:40.:21:43.

millions to investors. While loans had been issued the judge in July

:21:43.:21:50.

said no dividends had been paid. There were further revelations.

:21:50.:21:55.

Quinn's time on the Board was certainly eventful. Almost $2

:21:55.:22:02.

million had been spent on security and what was described as "counter

:22:02.:22:04.

survellance." Susan Morrice and Tony Quinn claimed their lives were

:22:04.:22:09.

under threat. What the judge called "a private army" had been assembled

:22:09.:22:13.

for Quinn, all with company money. For at least one court room

:22:13.:22:16.

observer what was apparent was Tony Quinn's hold over Susan. A hold she

:22:16.:22:22.

continues to deny. My impression, from talking to Susan and from

:22:22.:22:25.

attending the trial, would be that she is very much under the

:22:25.:22:29.

influence of Tony Quinn. She greatly admires Tony Quinn. She

:22:29.:22:34.

defers to him and she deferred to him in the running of the business.

:22:34.:22:38.

Giving her evidence during the trial she was emotional on various

:22:38.:22:42.

occasions, including at times when relating how Tony Quinn and herself

:22:42.:22:45.

were threatened, or as she said, they came under death threats and

:22:46.:22:50.

other types of threats and felt the need to spend money, large sums of

:22:50.:22:54.

money on survellance and close protection security. Do you feel as

:22:54.:22:58.

if you might have been under survellance? I know I have been

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under survellance. How does that make you feel?

:23:04.:23:10.

have to make various substantial changes every day in what you're

:23:10.:23:17.

doing. It affects your children. It affects... Everything about your

:23:17.:23:25.

life. And who you talk to. The fact that it changes everything. It

:23:25.:23:35.

changes everything about your life. It is the most deepest forms of

:23:35.:23:40.

infringement of your personal security and personal things that

:23:40.:23:44.

you do every day. Everything is compromised. Susan Morrice denies

:23:44.:23:48.

she ever hired security experts to harass and intimidate shareholders

:23:49.:23:54.

or her former friend. The court case would suggest that Sheila's

:23:54.:23:58.

departure may well have been inevitable "just business". Her

:23:58.:24:03.

treatment, however, was anything but, according to the judge. We can

:24:03.:24:07.

carefully analyse what has happened, back since 2009. If people want to

:24:07.:24:15.

freeze you out, they will stop at nothing doing it. It has been a

:24:15.:24:23.

long, hard, tough time. Tougher than anybody could possibly imagine.

:24:23.:24:33.
:24:33.:24:38.

And... The judge said there had been a "deliberate policy to make

:24:38.:24:44.

Sheila McCaffrey life as difficult as possible." Susan and her cousin

:24:44.:24:52.

Josh Stewart had also wrongly spent $200,000 of company money attending

:24:52.:24:57.

Quinn's Educo courses. This company is, in one sense, off the rails

:24:57.:25:01.

because the board leading up to the trial of this case was running this

:25:01.:25:07.

company outside of the rule book. They were running it as they wished.

:25:07.:25:11.

The rights of a large majority of the shareholders have been entirely

:25:11.:25:16.

ignored. So, from my view, from reading the judgment, the judge was

:25:16.:25:21.

very critical of the way in which this company was run. I would

:25:21.:25:26.

perceive this as an indictment on the way in which these people have

:25:26.:25:30.

run this company. Quinn's allocation of nearly $16 million in

:25:30.:25:35.

shares is now in question. In all, millions of dollars of INE money

:25:35.:25:42.

has found its way to Quinn, via a loan, Educo seminars and the shares.

:25:42.:25:46.

He should never have been on the Board. I wanted to know if he

:25:46.:25:52.

intended to pay that money back? Time to talk to Tony. It's the

:25:52.:25:57.

first time that Educo has come to Tenerife. This luxury hotel is the

:25:57.:26:00.

location Tony Quinn has choosen to introduce new members to the Educo

:26:00.:26:04.

way of life. Both tbg it can and Susan Morrice had declined our

:26:04.:26:10.

requests that they be interviewed for this programme. -- Tony Quinn.

:26:10.:26:16.

Are you going to pay back the INE shareholders the money they say you

:26:16.:26:21.

owe them? Are you going to pay back INE the money, the millions the

:26:21.:26:25.

shareholders say you owe them? Have you any comment about the money

:26:25.:26:30.

that the INE shareholders say you owe them? Following his removal

:26:30.:26:36.

from the INE Board, his role and shomeding in the company remain

:26:36.:26:40.

unclear. After I tried to put questions to him, Dr Quinn later

:26:40.:26:44.

contacted us saying he had nothing to do with Sheila's departure.

:26:44.:26:49.

Actually abstaining from the vote to cast her out of INE. He also

:26:49.:26:53.

denies hypnotising anyone. Susan Morrice denies using company money

:26:53.:26:59.

wrongly, but still advocates the Educo courses for staff members.

:26:59.:27:02.

What of Dr Quinn's vast shareholding in the company. This

:27:02.:27:07.

is the letter apparently granting Quinn his shares. A judge found it

:27:07.:27:11.

was a forgery back dated to Lee gitmiez the transfer. Sheila denies

:27:11.:27:16.

she was party to this and said she had not signed the letter. INE now

:27:16.:27:21.

claims that this undated photo is proof she lied to the court. It

:27:21.:27:27.

also says the photo is backed up by accounts from eyewitnesses to the

:27:27.:27:35.

event. Sheila denies any wrong- doing. A week before my encounter

:27:35.:27:40.

in Tenerife, just before the investors' Annual General Meeting,

:27:40.:27:45.

INE had finally made a multi million dollar payout of dividends.

:27:45.:27:51.

The last-minute payout had done little to quell anger among

:27:51.:27:56.

shareholders. They were demanding wholesale reform of INE. Many

:27:57.:28:00.

seemed willing to back Sheila McCaffrey, who has yet to receive

:28:00.:28:04.

her dividend. I'm happy today. I haven't been happy up until today.

:28:04.:28:09.

Hopefully, today is the day when things start to change. Sheila has

:28:09.:28:15.

been reinstated as a cr director. She needs to be giving back bg --

:28:15.:28:22.

backing from the company. Susan contests all of Sheila McCaffrey's

:28:22.:28:26.

allegations and says that every aspect of the company's operation

:28:26.:28:30.

Investigation into Irish hypnotist Tony Quinn and his company Educo, and his influence and involvement in a Belize oil company.


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