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What BFCSA Does...

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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To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

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Lighten your load today and "Laugh all the way to the bank!"


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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Will Australian Banking Scandals Rock the Economy in 2013? Written on 26 November 2012 by Dr. Alex Cowie Port Philip Publishing 2012 has seen an impressive list of global banking scandals. The problem is that even as they get more outrageous, the market becomes more desensitised.   Apathy reigns. The real bombshell this year was the LIBOR scandal.  Some of the world’s biggest banks got caught with their pants down,manipulating the LIBOR rate. If you think that sounds boring, then know that it underpins derivatives worth over $300 TRILLION. Tweaking LIBOR a few basis points here and there can pay for more than lunch. This was a scandal so huge that it involved some of the biggest names in the banking game: Barclays, HSBC, Deutsche Bank, UBS, Credit Suisse, Soc Gen, Citibank, JP Morgan, and Bank of America, amongst many others. So global banking titans formed a cartel to deceive the...
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Continue reading Iceland PM tells failed banks to pay up Posted on 05 December 2013. Tags: bjarni benediktsson, Iceland finance, Iceland PM, sigmundur david gunnlaugsson Following his controversial announcement on November 30th to wipe 150 billion króna off household mortgage debt, the Icelandic prime minister now intends to pass the bill on to the failed banks. Sigmundur Davíð Gunnlaugsson has said it’s time to speed up the exit strategy of recovery programs for Glitnir Bank hf and Landsbanki, under supervision of committees comprising of foreign creditors. This will help the country ease capital controls that are hampering the country’s progress. He also intends to start taxing these banks as a ‘natural next step’ towards raising money to offer relief to ordinary Icelanders who have suffered financial pressure since their collapse in 2008. This proposal will see banks paying 0.366 per cent on debt instead of the present 0.041, affecting their creditor’s pockets...
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  • doyla66
    doyla66 says #
    We all must obey the law so why not the banks?? They have committed a crime against us so they should recieve jail time....anybod
  • doyla66
    doyla66 says #
    We all understand just how important currency is to our lives and without it we cant live but to Banksters it is their OXYGEN. The
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