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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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A true hero in our midst.  James Wheeldon.  Hockey at last admits ASIC and APRA have failed abysmally in holding bad banks and their planners who are really sellers of bank engineered dirty products) but fails to point out that David Murray AO has not the slightest interest in suggesting the miserable banker chiefs should be called to account....lest he name This email address is being protected from spambots. You need JavaScript enabled to view it. August 9 2014   ASIC a one-eyed watchdog James Wheeldon    It seems everyone is piling on ASIC. In June, a senate committee handed down a scathing report on its failure to respond effectively to reports of fraud and forgery within the Commonwealth Bank’s financial planning division. Last Tuesday, Joe Hockey told his Coalition colleagues that the regulator had “failed miserably” in holding banks and financial planners to account.  Things are so bad, even the successful prosecutions of the Australian Securities and Investments Commission have become a source...
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Chairman Medcraft knows that pensioners have no money for lawyers.  He knows there is only a chance of class action AFTER you lose your home: ie for HOMES LOST CLASS.  He knows there is no chance of getting class funding to SAVE HOMES.  Then he states: “Mr Medcraft said class actions backed by litigation funders was a welcome development that complemented what ASIC did. Yes Greg – you just want the funders to do YOUR JOB whilst you sit like Mother Hen on all the obscene “accumulated funds” that ASIC has at its disposal.  Problem Greg: you did not use the funds for the past decade of LOW DOC LOAN VICTIMS.  Instead you allowed Banks to run up even bigger debts for pensioners and those on centrelink benefits. You are a worm Mr Medcraft, and a W Banker and no help to Consumer Protection at all.  You did provide heaps of...
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