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.

Visitors

Articles View Hits
632568

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: "Buzz Off" Letter from the Prime Minister of Australia re STERLING NEW LIFE

Posted by on in ROYAL COMMISSION INTO ASIC NEGLIGENCE
  • Font size: Larger Smaller
  • Hits: 180
  • 0 Comments
  • Print

 

Dear Victim of Sterling First Ponzi Structure

 

Thank you for your correspondence 3 August 2019, originally directed to the Prime Minister concerning your investment in the Sterling First group of companies.  Your correspondence has been referred to the Minister for Housing and and Assistant Treasurer and he has asked me to respond to you.

 I REGRET that I am unable to provide further assistance to that contained in my letter to you of 2nd August 2019. In relation to your query about the return of Investment Funds, I conform my previous advice to you about contacting liquidators in the first instance.   For advice on Tenancy matters, you may also wish to contact the Consumer Protection division of the Western Australian Government Department of Mines, Industry Regulation and Safety.

The Australian Securities and Investment Commission (ASIC) continues to update Sterling First investors via a dedicated page on its website, www.asic.gov.au.  In addition, if you are dissatisfied with ASIC" regulatory response to this matter (which you will be) , I reiterate that you may wish to consider making a complaint to the Commonwealth Ombudsman.

Finally, you have raised concerns that you did not receive a personal response from the Prime Minister to your previous letters.  As a matter of Government practice, letters are referred to Ministers to ensure correspondents receive accurate and consistent responses.

Once again, thank you for taking the time to write.

Yours sincerely

Katie O'Rourke

Principal Adviser

Consumer and Corporate Policy Division

Canberra

 

Last modified on
Rate this blog entry:
0

Comments

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

Leave your comment

Guest Sunday, 22 September 2019