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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.


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Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

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Lighten your load today and "Laugh all the way to the bank!"


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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Subscribe to this list via RSS Blog posts tagged in Dr John Laker
How can there be "no tolerance" promised when these toxic loan practices have escalated in past decade.  Ask Dr John Laker : "why is that so John?"  APRA and ASIC "tolerated" major crime in Banking Sector for years. Peter Kell uses the same throw away line: "we will not tolerate."  This email address is being protected from spambots. You need JavaScript enabled to view it. RBA spotlight on predatory lending Tuesday, 10 June 2014   |   James Mitchell 0 Comments     Facebook   0       Twitter   1       Google +   0             Linkedin   1 1inShare Australian lenders have been quick to defend non-conforming loans, as the RBA emphasises the danger of a rise in predatory lending. Last week the Reserve Bank warned lenders against dropping lending standards, stressing there will be no tolerance for predatory lending. RBA’s head of financial stability, Luci Ellis, emphasised the importance of regulation as a line of defence against an extreme easing...
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"It is not necessary to bury the truth. It is sufficient merely to delay it until nobody cares -- Napoleon Bonaparte" This must have been the motto of the Australian Public "Masters" for years! The unelected have run the country. Look at the results. More bureaucracy and less democracy. That's how they created "stability" - a hung parliament is the perfect justification. And nothing really changes beyond the window dressing. "Great coats on - great coats off"... Their objective? "Maintain the status quo and our positions and pay rises, our power and security ie. basically more of the same while politicians come and go. We run this country - forget that at your peril. Don't call us/treat us like public servants." And they're nasty if you try to threaten them in any way - not really nasty publicly, of course. It's all behind closed doors - that's how political power works....
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  • doyla66
    doyla66 says #
    well said Lisa... where can we find ?? "... a team of highly motivated and committed people with the experience and persistence to
  • doyla66
    doyla66 says #
    Well said, Arree. They usually employ consultants to investigate or create changes. But very little ever changes for any length o
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