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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: Major Banks altered INCOME FIGURES up $250K or more - that's a BIG BANK fraud!

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Major Australian Banks suggested a NO DOC LOAN and then made it LOOK like a LOW DOC LOAN to please lazy regulators.  They were easily pleased indeed and the result has been over 100,000 families affected with unaffordable loans and no way out except via Bankruptcy and loss of asset like their own home, lost to the LOW DOC TOXIC MORTGAGE SCANDAL 1996 - 2014 and still continuing.

Each BFCSA Member had never received a copy of their Loan Application form prior to joining BFCSA.  No-one was aware of the biggest bank fraud this country has seen.

The real shock and rude awakening being that bank staff were changing Loan Application forms after they were signed and without the borrower's knowledge or consent.  36% of these loans had NO broker involved.  Those that were via a broker the exaggerated incomes were computer generated and yet hand-written by bank staff using white out to obliterate the figures placed there by the Brokers!

WE know what you Bank Bozo's have been up to!  The service calculator was in fact a computerized INCOME FUDGING machine.  A modern day scam emerged as those Magnificent Men in their Fudging Machine's altered the incomes p[resented on the SC Forms: eg Base Income Nett: $50,000........computerized and calculated new income figure (we all wish) $250,0000.

To cover their tracks, big bankers created the Service Calculator  ("SCF") and ordered their Business Managers ("BDMs") to teach Brokers how to use the SCF to produce higher incomes for every loan to be approved - no rejects!  

BUT THEIR BIG BANK MISTAKE - they told the Brokers and their own Staffers: Do not show the SCF to the Customers - ever!!!!  Why?  Well most consumers are honest....banks know  that to be true.

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  • doyla66
    doyla66 Monday, 03 February 2014

    There was never any need for a Loan Application Form at all really.
    All one needed to do was to ring a lender/crook (any lender/crook) and tell them we wanted a loan of thousands even
    millions and it would have been granted.

  • doyla66
    doyla66 Monday, 03 February 2014


    Congratulations DB
    There are no words to describe the work you do and what you and your team have uncovered.
    If it wasn't for you , I would have never worked this out on my own.
    Bring on the RC in 2014

  • doyla66
    doyla66 Monday, 03 February 2014


    That's so very true Maria
    And a bit funny how you say it... To laugh in such a bad place can be good for our souls .....
    It's just a joke hey

  • doyla66
    doyla66 Monday, 03 February 2014

    same here, if it was not for Denise I would not have worked it out either. We are all too trusting and that is what they all counted on.
    In our case our income was doubled, assets increased by hundreds of thousands of dollars and liabilities reduced ... today, now complaining against the banks fraudulent actions, we are put through the wringer... now we have to find all this info, tax docs, banking, loan statements, telephone records, notes re conversations etc... and our banksters can just go and merrily shred their documents. The broker (now bankrupt) tells us that he was told to destroy all our files.. how convenient... or others have loans officers who no longer work at that branch so bank is loathe to locate them.... again, how convenient. We have been put through enough stress trying to manage these unaffordable loans from day one and now, years later we have to relive the horror story over again... try and gather all the evidence ourselves now.
    It is obvious... thousands of us with similar complaints yet we do not know each other. It's the banks, the banks the banks...

  • doyla66
    doyla66 Monday, 03 February 2014


    Banks are a BIG BANK JOKE!
    These banksters are destroying this country & families. Surely its time something will & has to be done about this.
    people are KILLING themselves over this.
    its like being a merry go round with FOS.... and i have only just begun......
    cases with FOS is far to much for one to mentally deal with.
    its a DISGRACE what the BANKSTER BASTARDS are doing.
    I now no longer work........ who can go to work when you get emails & calls from FOS, ASIC and the FRAUD squad?
    BRING ON A Royal Commission into these Bankster Chiefs

  • doyla66
    doyla66 Tuesday, 04 February 2014

    This is what the banks want.They want us to get tired, mentally and physically ill. Have heart attacks and strokes, so we can't take any more and give in so they can win. These banksters are just normal people like us with families they love and yet they can be so ruthless and cruel all for the love of money. I wonder if their wives and families know of the crimes they are committing and how they are illegally taking people's homes and leaving them destitute.
    BFCSA members are stronger than you think and will keep up the fight for as long as is needed.
    Bring on the Royal Commission into the banking and finance sector.

  • doyla66
    doyla66 Tuesday, 04 February 2014

    Congratulations to you all on your recent blogs. WE certainly are working out to be a force to be reckoned with. !!!! Denise's strength is motivating and inspires us all.

  • doyla66
    doyla66 Tuesday, 04 February 2014


    All being new to me.....
    I cant thankyou all enough for the support, inspiration and enthusiasim to just plod along and keep going.
    With 2 young children, this is hard but i read the storys snd blogs and dont feel so alone and i know
    Others are doing it harder than me.
    Lets just get on with it and continue and good will come.
    We need to be positive hey.

  • doyla66
    doyla66 Tuesday, 04 February 2014

    Yes all so very trusting weren't we until we were helped by DB to work out a lot of things that we all were then merely suspecting. Now we all have such untold fire in our collective bellies and are after them all like rattle snakes. Seems they all forgot what is and always has been true from the very start of history re what goes around comes around and whams back like a boomerang right on target! Wait until the Senators start asking questions!

  • doyla66
    doyla66 Tuesday, 04 February 2014


    My god I hope they ask and ask and ask.....
    It's like a bomb just ticking away....

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