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 to JOSH FRYDENBERG re Sterling Collapse # 26

  • Font size: Larger Smaller
  • Hits: 508
  • Print



"I am writing to you regarding the $272,000 that was criminally taken from me by the STERLING GROUP, along with 200 other Australians pensioners and retirees, to a total of $36 million.  I am advised that you give a budget to ASIC OF $450 million a year to ASIC who is supposed to be the consumer protection regulator.


We have written to Mr Shipton with disgust over his handling of the regulating of Sterling Group.  Shipton knew from "past performance" these people were not to be trusted but he still gave them the "green light" to come back with this latest scam and take money from all of our life savings.  You had meeting with this man Mr Shipton, so did he lie to you like he did us?


My wife and I, both in our eighties. I am 83 and my wife 82, and not in the best of health.  We sent into the Sterling Group plan because they promised it was security for us.  We had a 40 year lease. He said we could have our money back at any time.  Its was to us, our security.  We were never told they could sell the house to another Landlord, which they did and now the new owners are threatening if we do not sign lease contract and pay thee rent owing.  We cannot pay the rent and our money ahs been stolen by STERLING.  We have no other funds but pensions.  We paid every penny we had: $272,000 in advance.


You can help us AND HAVE THE MONEY TO PAY $36 MILLION.  We have Denise Brailey as our champion fighting for us.


PS If Ms Brailey had been in charge of ASIC this would never have happened, never have gone this far.  She would have been on the ball right away.


Names withheld

Last modified on
Rate this blog entry:


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

Leave your comment

Guest Sunday, 24 January 2021