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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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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.

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Rejoinder to NAB response to Priestley ASIC Inquiry submissions
  Thursday, 20 February 2014 21:49   DR Evan Jones, 20 February 2014 Below is a rejoinder to the NAB response to the submissions by Claire & Chris Priestley to the ASIC inquiry. The Senate Committee Secretariat readily put up the NAB response, a 3-page letter characterised by lies, dissembling and omissions.  My submitted rejoinder has now been sitting for 6 weeks, awaiting a decision regarding acceptability. (The Committee and Secretariat is currently at Inquiry hearings, at which one can guarantee that the subject of bank malpractice against SME/farmer customers and regulatory inaction will be ignored.) The Secretariat had merely to redact the names of NAB staffers and upload this rejoinder as readily as it uploaded the NAB response. Why the asymmetry of treatment?  * * * Senate Economics Committee Inquiry The performance of the Australian Securities and Investments Commission Submission No.2 (Dr) Evan Jones Honorary Associate (previously Associate Professor), Department...
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  • doyla66
    doyla66 says #
    Your opening statement is more than adequate in reference to the lies Nab are capable of. I often wonder how Nab can keep getting
  • doyla66
    doyla66 says #
    Chapter IV. Ditto, the same scenario with us. The property has been taken over, we have not been notified of any sale of the pro
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The Four Corners program aired 30th Sept re Cover-Up involving RBA, ASIC, APRA and Australian Federal Police into Note Printing, displayed a striking resemblance of the way BFCSA members have been treated by the powers to be namely ASIC, Federal Police and Government with their neglect and sinister ways of protecting every evil person in the Banking and Financial industry and ignoring all evidence thrown into their laps.  Just goes to show how underhanded and evil the people running these departments and companies really are. Not one of them could lay straight in bed with an attitude of "you can't get me". ASIC once again has failed dismally in chasing down and convicting these powerful criminals and lying through their back teeth to government and Senate inquiries, but then again they are a huge part of the problem festering in the background. When will Government say enough is enough and jail these people for protecting...
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  • doyla66
    doyla66 says #
    The broader view has been ignored by all political parties. When the full impact of the Broker Model Banking Crisis is complete ho
  • doyla66
    doyla66 says #
    Tony, sounds logical; "do-able" & not some radical doctrine pushed by al-Qaida linked Somali Islamist militant group al-Shabaab.
  • doyla66
    doyla66 says #
    Excellent post, Duped. That's what struck me and others I chatted with today. Just like the BFCSA treatment - our cases a mega co
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http://www.abc.net.au/7.30/content/2012/s3594464.htm Australian Broadcasting Corporation   Broadcast: 20/09/2012   Reporter: Clarke and Dawe   Queensland Premier Campbell Newman invokes caveat emptor and identifies a possible design fault, with Clarke and Dawe.   Transcript LEIGH SALES, PRESENTER: Queensland politics has been getting lots of attention lately and it's caught the eye of John Clarke and Bryan Dawe.BRYAN DAWE: Campbell Newman, thanks for joining us tonight.JOHN CLARKE: It's good to be with you, Bryan, and good eveningBRYAN DAWE: You're in a bitta trouble at the moment.JOHN CLARKE: Well, these things'll pass, Bryan, but, yeah, it's pretty tough at the moment, I have to say.BRYAN DAWE: Tell us what happened.JOHN CLARKE: Well, I sent away for a product, Bryan, not a cheap product, I might say. This is costing us a hell of a lot of money.BRYAN DAWE: And what's the problem with the product?JOHN CLARKE: Well it doesn't work, Bryan. It is non-functional. It's...
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  • doyla66
    doyla66 says #
    It makes you wonder how much more non sensible politics is going on.
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