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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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Subscribe to this list via RSS Blog posts tagged in Four Corners ABC Australian Broadcasting Corporation FOUR CORNERS Investigative journalism at its very best TV PROGRAM TRANSCRIPT LOCATION: > Four Corners > Archives URL: Broadcast: 10/03/97 Banks Behaving Badly This program reveals why the banking industry has lost our trust and how some banks bend the rules and break the law. We reveal a bonus system which rewards bank officials for forcing businesses to the wall. Bank malpractices are revealed and the devastating effect that these have on the lives and businesses that are affected by them. --------- Reporter: Andrew Fowler Producer: Ashley Smith Research: Meena David Bob Allen, Accountant: It's the biggest bit of bastardry I've ever seen in all my commercial life Andrew Fowler: After more than a decade of free-market deregulation Australia's banks are out of control...............   Diane Felkin, Former Advanced Bank Customer: One of the gentlemen actually said f you don't do it my way you're...
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Last night's ABC Four Corners program Banking Bad shone a light on the pressure cooker working environment driven by the sales and targets-driven culture in the Australian finance sector. It is a culture that pits workers against one another and creates incredible stress for the people who work in the industry. It is a culture that puts the interests of most finance workers and customers last. Most finance workers genuinely care about providing excellent and professional service to customers and providing advice and products that are in their best interests. Finance workers want to work in an industry that they can be proud of. They want to be able to earn enough to live a decent life and stay out of financial distress, without working hours and hours of unpaid overtime or missing out on time with family and friends because they're working back to make another sale. They want to...
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  • doyla66
    doyla66 says #
    Good to see the FSU getting involved. I often wonder how the staff are faring after reading the Bank pressure horror stories in th
  • doyla66
    doyla66 says #
    The more exposure re what has going on within the finance industry the higher the stench. I know ANZ have had a spot and refer re
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The Four Corners on Commonwealth Banks corruption by Adele Ferguson is just the tip of the Bankster iceberg. We need to all thank her for those efforts in exposing dirty rotten bad banks. This email address is being protected from spambots. You need JavaScript enabled to view it. What we the people (thousands of us) who have been defrauded would like to know - Is David Murray the former CEO from the Commonwealth Bank still going to be heading an inquiry into the Australian Banking system, and why is that after all the bonuses he made from LOW DOC TOXIC Mortgages? Given the evidence shown on Four Corners does Joe Hockey still feel he's the best person for the job?    SURELY NOT IT WOULD BE REPREHENSIBLE!!!! Joe just laughs and tells us to get used to austerity whilst he is arrogantly happy to take a retirement five star pension for life!!!!...
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  • doyla66
    doyla66 says #
    Now that the extent of corruption is coming to light within the banking sector and our pathetic regulators, are Tony Abbott and Jo
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