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.
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.
"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....
Had to love the very last line of this article....priceless!http://www.heraldsun.com.au/news/breaking-news/rba-accused-of-covering-up-corruption/story-e6frf7kf-1226445929914AN anti-corruption body has accused the Reserve Bank of Australia of covering up evidence of bribery by its note-printing subsidiaries. The RBA has been accused of covering up evidence of corruption by its note-printing subsidiaries. Seven former employees of Securency International and Note Printing Australia (NPA) and the companies themselves have been charged with bribing foreign officials to secure contracts to print bank notes.Although no RBA officials or staff have been charged, the central bank has faced allegations it suppressed evidence of secret commissions paid to middle men hired by the subsidiaries to secure bank note contracts in Malaysia and Nepal.Transparency International Australia's executive director Michael Ahrens said the RBA's behaviour in the case was "tantamount to a cover-up"."We do believe that it was incumbent upon them to report promptly any credible evidence of the sort that seems to have emerged," he...