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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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War of words over CBA financial advice victims June 17, 2014   Adele Ferguson  SMH ·             Commonwealth Bank and the Australian Securities and Investments Commission are having a war of words in relation to the compensation process offered to victims of the bank's financial planning scandal. While the spat continues, it raises more questions than it answers about the role of ASIC and CBA in dealing with clients who saw their life savings decimated by more than a few bad financial planning apples. A confidential report from the bank to a Senate committee says ASIC was well aware that the bank's compensation process was not ''consistently applied'' to affected customers of advisers where there were concerns about the quality of their advice. It says ASIC was fully informed about changes to its compensation scheme. These changes included not offering all affected victims the same compensation process that it offered...
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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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