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
544082

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!"

BFCSA Blog

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: What an insult Mr Prime Minister! Stringent Regulators what rubbish! Self Assessment Bankers!!! Never Again.

Posted by on in ROYAL COMMISSION URGENT
  • Font size: Larger Smaller
  • Hits: 966
  • 4 Comments
  • Print

Driving today in my car listening to the 4pm news on the radio and to my surprise a short story on the Prime Minister of Australia insisting that we don't need a Royal Commission  into the banking and finance institutions because we here in Australia have very stringent regulators who monitor the system in place!!!

Are you for real Mr.Prime Minister!

The news also stated that 5 Senators and the leader of the opposition Mr.Bill Shorten are all for the Royal Commission! 

Mr. Prime Minister with all due respect you either have no idea what is happening to the real everydsy people or you prefer to bury your head in the sand and hope this will disappear!Not going to happen!

What also disgusts me is the fact you are using this as a political lash out at Mr .Shorten.  Really and truly!!

If i can see your agenda i'm sure there are many voters out there who can also see this.

Sorry Mr.Prime Minister you won't be getting my vote along with the other members of BFCSA.

I invite you Mr.Prime  Minister to talk to myself who was wrongly arrested for the Fraud on her loan along with the rest of BFCSA members who all have horror stories to match!

Regulators!   Pffft! I was turned away from each and every one of them and told to go to police who got it oh so wrong in the first place!

Time for a Royal Commission  Mr. Prime  Minister! 

Last modified on
Rate this blog entry:

Comments

  • Duped
    Duped Monday, 11 April 2016

    It's an insult Grandma, I just copied and pasted this from another blog, something the banks do with signatures on loan application forms!!!!!

    Heard Eric Abetz on the radio this morning and couldn't believe the shit coming out of his mouth, obviously the party line spiel, saying we have the corporate watch dogs in ASIC and APRA and they are doing a terrific job already in cleaning up the industry. Frankly it made my blood boil, this stupid person doesn't know what he is talking about. I bet he has not looked at any sites such as BFCSA to find out more on this scam and to what has been happening. It's politicians such as he who should keep his sorry trap shut because he hasn't a clue what he is talking about.
    Just for his information it's about a system the banks deliberately engineered to fraudulently rip or steal the assets including family homes and all borrowers finances leaving these customers destitute for the rest of their lives. This was and still is achieved by bank staff and bank trained brokers selling this low doc product deceiving them into signing after certain information is collected with the rest "will fill out later". A copy of loan application form is NEVER given to customer and when the loan implodes it is discovered that all financials and employment details have been changed or added without the borrowers knowledge or consent eg. in our case I went from unemployed, zero or zilch income to $100,000 pa and a manager.
    ASIC, APRA and AFP buck pass to each other and the EDRs', FOS and CIO cannot see anything wrong with this kind of fraud. The biased determination couldn't find anything wrong !!!! I thought there was undeniable proof of fraud and deceit and all correct information sent to them including tax returns were ignored. I thought they must have been joking but unfortunately they weren't.
    THIS IS THE SHIT WE HAVE TO PUT UP WITH WHEN GOING THROUGH THE PROCEDURES OF THE REGULATORS AND THE EDR's so I will tell him know the system is BIASED and BROKEN, It's ILLEGAL and CORRUPT and no arse hole in politics to date has lifted a finger to pull the banks, regulators and EDRs' into gear. They do not do the job they are there to do, they do not protect the consumer. There has to be jail time for this mob and most of all there must be a ROYAL COMISSION with the widest terms of reference. I am pissed off and I want justice.

  • organza
    organza Monday, 11 April 2016

    The problem is they do the job they are paid to do and it's not to protect consumers. Time to get of all of them. How does one go about a citizens arrest?

  • fightback
    fightback Monday, 11 April 2016

    Politicians on notice

    I have just emailed my local MP The Right Honorable Bob Baldwin, Liberal, that as he has made representation on my behalf over forged and fraudulent documentation on my LAF after signing that I am one of thousands and if the coalition refuse the Royal Commission into the banks it will cost them the election.
    They have been warned and have no one to blame but themselves for protecting the banks.

  • Jenny L
    Jenny L Monday, 11 April 2016

    With respect Prima Minister Turnbull, you need to get your head out of the sand and listen to the thousands of Australians like us who have lost their homes, life savings, hope's and dreams for a secure retirement all because of the actions of so called Lender's acting under the most stringent laws and stable banking system! We need a Royal Commission to reveal exactly how/ what has occurred. We have been robbed of our life's work and will now be dependant on social welfare instead of our planned independent retirement so as not to be a drain on the public purse. We are living this nightmare and will continue to do so for the rest of our lives. You must have a social conscience and support a Royal Commission.

  • Please login first in order for you to submit comments