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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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Here we go with new submissions to do ready for January and not one consumer driven member or those who have even met a consumer victim!  It’s the BANKS R US BRIGADE.  MURRAY’S MARAUDERS.   Bring on the Royal Commission into Banking........ Forget this attempt at a whitewash.   I wonder if any of these people have met or spoken to an aggrieved consumer?   They will see BANK INTERNAL FRAUD but what will they really do?   Bankers inquiring into Banks.   ASIC admit SELF REGULATION means NO-ONE is LOOKING at Banks day to day activities and the manufacture of intentionally deceptive products.   ASIC "assume" Banks are looking at their own INTERNAL FRAUDS that all admit exists.  Its called a Cover-Up.   BFCSA has long called for a powerful banking ROYAL COMMISSION and instead we end up with a Mates Inquiry being hi-jacked by the Bankers.    Australia DownUnder?...
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  • doyla66
    doyla66 says #
    I think Mr. Hockey has been enticed by the devil himself for he sure has not heeded warnings from we who foolishly were all so ver
  • doyla66
    doyla66 says #
    Wow, this is horrible..I am not a political person, not a financial analyst nor work in the corporate world just a plain labo
  • doyla66
    doyla66 says #
    Sorry Lisa but i disagree with respect as i believe that Joe Hockey knows exactly what's going on as he is an ex banker (correct m
  • doyla66
    doyla66 says #
    Joe only has a limited understanding of the Loan Fraud EDR situation. After all he's briefed by the airheads at ASIC, who have nex
  • doyla66
    doyla66 says #
    Mr Hockey, your choice of committee members evidently shows your true colours and so far you have not displayed any respect or con
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