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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.

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BFCSA: Angry Letters to JOSH FRYDENBERG re Sterling Collapse # 9

Posted by on in ROYAL COMMISSION INTO ASIC NEGLIGENCE
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ASIC DISGUST - STERLING GROUP COMPENSATION DEMAND

Dear Mr. Frydenberg

 

I am writing this letter in support of my mother whom has been a targeted victim by a gang of white collar devious criminals otherwise known as Sterling Group.

 My mother has been an hardworking tax paying citizen for most part of 40+ years and now a retired pensioner.

 The collapse of the Sterling Group has caused an enormous amount of stress, heartache and suffering for my mother and our family.  It is devastating as a son to see your mother on the brink of collapse.

 I have asking the Australian Government to fully compensate the victims of the Sterling Group Collapse.

  No-one would be asking for compensation if ASIC had closed down the PONZI STRUCTURE business model in 2001 and stopped These characters setting up again in 2007 and the STERLING in2015

 What the heck happened to the, "BUYER BEWARE POLICY and CONSUMER PROTECTION Mr. Frydenberg!

 I am disgusted on the lack of protection from ASIC and demand the Australian Government step in fix this mess caused by ASIC and fully compensate all victims of this Sterling Group SCAM.

 

Yours Faithfully

 

Tyron Youlden

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Guest Monday, 16 September 2019