GLOBAL SUB-PRIME CRISIS

BANKILEAKS

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 
BFCSA
MORTGAGE
DISTRESS SOS

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.

Locations of visitors to this page

Visitors

Articles View Hits
610315
Six Links In The Chain

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!"
Subscribe to blog Subscribe via RSS

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 # 21

Posted by on in ROYAL COMMISSION INTO ASIC NEGLIGENCE
  • Font size: Larger Smaller
  • Hits: 64
  • 0 Comments
  • Print

The Federal Treasurer

The Hon. Josh Frydenberg MP.

PO Box 6022

Canberra A.C.T. 2600

 

 

Dear Sir,

               Because of the incompetence of ASIC my wife and I have lost $240000.00.

We entered into a life long lease with Sterling New Life to secure a roof over our heads for the remainder of our life. We did our due diligence, and received advice that our money was secure and in a trust account. We have found out since, that ASIC had been investigating Sterling since 2015 and maybe earlier, and all the assurances given by Sterling were lies. Why was ASIC silent on this matter, as they were given plenty of warnings that something was wrong? Mr Treasurer ASIC is a Joke, and we demand compensation for their incompetence. If ASIC had done their job and shut down Sterling when they knew there was a problem, none of this would have happened and 100’s of people would be saved from stress and misery.

 

 

 

Yours Sincerely,

Last modified on
Rate this blog entry:
0

Comments

Scroll to Top