Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook

facebook3           facebook2 


What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.


Articles View Hits

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

Denise Brailey

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form

BFCSA: Angry Letters from Victims of Lazy ASIC re Sterling Collapse # 22

  • Font size: Larger Smaller
  • Hits: 370
  • Print

Chairman of ASIC




We are writing to you in regards as victims of Sterling New Life.  We had numerous phone calls and emails from ASIC via Michael Darch .

In all speaking and emails Michael assured us our money was safe and in trust.  This was a blatant lie.  ASIC was aware that the company was

Going under as far back as 2015.   Why did ASIC not act as soon as they were aware of the problems thus leaving all of us victims involved broke and in many

Cases homeless.  ASIC was not doing their job and just swept it under the carpet just hoping that the problem would go away.  All the allocated funding you receive a

Year to ensure that dealings like this are thoroughly investigated especially when you were aware that Ray and Ryan Jones , Simon Bell had been in trouble prior to Sterling New

Life.  We are now emotional wrecks through lack of sleep and anxiety ,a day doesn’t go by without out us being in emotional turmoil.

Now through your negligence you have totally destroyed our lives, our money and our childrens inheritance.  I HOPE ASIC IS SATIFIED NOW.   

Last modified on
Rate this blog entry:


  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Saturday, 04 July 2020