GLOBAL SUB-PRIME CRISIS

BANKILEAKS

Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook
 

facebook3           facebook2 

BFCSA
MORTGAGE
DISTRESS SOS

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.

Visitors

Articles View Hits
678159

Whistleblowers' Corner!

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

"Confidentiality is assured."

Cartoon Corner

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

Lee Doyle

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.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form

A crime has been committed.

Posted by on in Bankers A Law Unto Themselves
  • Font size: Larger Smaller
  • Hits: 3120
  • 10 Comments
  • Print

Often when you tell people your story and plight with the banks or to the media- they comment - but you signed the papers. My next question to them is - so you think it is okay that fraud has been committed and that the Banks are profiting from it? Are you saying that the banks are above the law and should not be accountable to the rules set by the law of this country.  No matter which way you look at it - a crime has been commited and it needs to be investigated. Isn't that why we have laws for?  Crime is crime. No sugar coating of it or exceptions.

When put that way to most people - they understand better and agree - if fraud has been committed - it needs to be investigated. So if you speak to the media - make sure you ask that question. Remain focused on the issue that fraud has taken place and the banks know it and are doing nothing about it cause they are making huge profits from it.! This is not okay or acceptable - it is white collar crime!!

I know most people are afraid to tell other people about there plight because of that comment. BUT A CRIME HAS BEEN COMMITTED. Don't feel embarrassed to be a whistleblower. The banks prey on that.

Take a look at the Storm financial victims - people have called them gamblers, but no-one looks at the fact that fraud was the main instrument used in these dealings.  A crime was committed - FRAUD - why should it not be investigated?

Don't be afraid to stand up and scream - A CRIME  HAS BEEN COMMITTED INVOLVING THE BANK!! Call it what it is - A CRIME.!

Last modified on
Rate this blog entry:

Comments

  • doyla66
    doyla66 Saturday, 08 September 2012

    There terrified Denise will consolidate general public acceptance of evidence relating to systemic bank fraud; then all before it will fall (banks execs et al) including every tainted contract declared null & void(from the outset = $100billion)hence, placing enormous pressure on the presiding government in an election year. The would be alternative government 'in waiting" is collating pros & cons before launching a strike(if any), after all they also permitted this fraud to "mature". So is it more advantageous to win votes by saying "we didn't know", but the current government did over indulge in it's reckless supply of $20billion in RMBS Packs, and that wins more votes than collectively(both party's) ignoring the subject at all costs. $20 billion relatively speaking is no big deal in a $trillion pa economy, if not for the whole financial system going "rogue" altogether as they now have the taste of reaping the benefits of a "rogue" financial environment. $20b is the real "canary" in the mine(field). Abbots phone call to a fellow member is interesting, but they will "time" their incursions(if any) on the opposing party, pertaining to running with this ever present "rogue" banking issue, thanks to Denise's (& Co's) efforts to bring it into the "daylight" for all to sight!!!

  • doyla66
    doyla66 Sunday, 09 September 2012

    Why are political parties failing to act appropriately to the revelation of crime?
    In reality they have no choice but to arrest, investigate and prosecute criminals.
    This is their Law and our Law.
    Crime should never be a election issue.
    Make the Law, break the Law, pay for the crime according to Law.

    We have election year "normal" political practices. Usually this is handouts and promises, some scheduled for the post election period as a major carrot to keep the existing government or a "hard ask" for the next government where there is the risk of the present government being defeated.
    If Tony Abbott is "on song" walking in the shadow of John "bank bashing has to stop" Howard, along with Alexander "I used to work at Westpac" Downer and Joe "son of Wallis, daughter of Campbell" Hockey the chances of the Liberal Party Opposition supporting a Royal Commission into the Banking Sector are non-existent. They're traditionalists, not truth seekers, by their very conservative establishment nature.
    The Australian widespread popular desire for a truth seeking government would have to develop, mature and believe they have a voice to elect enlightened, honest, men and women of integrity as political representatives to power. That's what some Australians wanted in electing Independents who were supposed to be there for exactly the reasons that we also speak out against evidenced crime. Instead Independents voted for stability and gave away their power to represent the majority voice of Australia that wanted decency in parliament, just for starters. The major parties sabotaged and continue to sabotage the democratic voice of the people in their own interest and self-preservation. The Independents let them do it as well. I have read the history - I lived through it. I invite them both to prove me wrong in a big way, just so I don't miss their flimsy token effort at democracy in practice.

  • doyla66
    doyla66 Sunday, 09 September 2012

    Funny you brought that up. At a gathering on Friday about 30 of us - politics came up. Before Gillard and Abott most of us were a set party follower (Liberal or Labor) - now not one of us are. We have lost all faith in the parties we use to follow. At the last election we all voted for absurd parties such as the sex party, fishing party etc and discovered not one of us voted for either Liberal or Labor. Everyone they knew pretty much had the same problem and do not want either on offer now. Sad when the voting population come to that. Unlike years ago when Rudd was in power - was the last time I came accross people who were devoted to a party. We are all hoping another option comes up soon! I wish John Williams was in our area. He would have my vote and others easily.

  • doyla66
    doyla66 Sunday, 09 September 2012

    I also tweeted Gillard, Abbott, local MP and others about this scandal and not one of them have bothered to reply. Have made sure I have told everyone possible about their attitude.

  • doyla66
    doyla66 Sunday, 09 September 2012

    JJ, your sentiments are indicative of the vast majority of Australians. We lost heart, particularly in Queensland.
    We had great people in parliament over the years - colourful, inspiring, decent. Many left, also disillusioned and disheartened by the lack of integrity there and their inability to get past the political gamesmanship and dirty tactics. Many were defeated from within their own parties which is a sad betrayal of their passion and commitment. Some of them I actually met along the way as they were personable and had a genuine commitment to representing the voice of the people. When our options are widened and our political leaders inspire passion and right action within the hearts, not just the minds, of the people then we will see the Australia people begin to rise to their capacity and rediscover their self-belief and faith in their government. We have been dumbed down, sold short and mislead by those we trusted for far too long according to historical record.
    What say we all dig up the historical records of what exactly the Independents said after the last election and use that to write to the Independents to reawaken their passion for right conduct and enlist their support. I'm not sure exactly what parliamentary process they would use but the Royal Commission into Banking with wide terms of reference would have to be introduced by a member of the Reps for debate. Denise would know the right words for it.
    On certain issues our House of Reps can still be a hung parliament. Crime is a non-partisan issue as the Law has been passed by both houses already. It is the budgeting allocation for the Royal Commission that could be the issue of debate in parliament.
    Regardless of whether the Senate Inquiry has handed down its findings or not we do need to stay on the front foot. We are still dealing daily with a system that is corrupted to the point where the capacity of our regulators and EDRs to function and apply the Law correctly is being impeded. Denise outlined it clearly in a recent post. Maybe we could send that to the Independents.

  • doyla66
    doyla66 Sunday, 09 September 2012

    We should call for a Suspension of Normal Business in the House, and possibly a joint sitting to attend to the crime and corruption within our system of government "in the national interest".
    That's what I think needs to happen now in light of the uncovering of crime and corruption to the degree that BFCSA have in evidence placed within the historical record of these practices dating back decades and despite taxpayers money spent on multiple Inquiries.
    AN URGENT CALL FOR THE AUSTRALIAN ROYAL COMMISSION INTO BANKING - WIDE TERMS OF REFERENCE
    Within our constitution and the rules of our Houses of Parliament as a Democracy we have the power to take this into Parliament if no one else will on our behalf.
    We do not have to wait for the Senate Inquiry to release their findings at all.
    The people demand this as there is too much evidence of the reluctance of ASIC, APRA, FOS, COSL and ACCC to fail act appropriately as citizens of Australia on the evidence of fraud and corruption.
    Look at what was done about Kate Thompson and how she was treated.
    Look at the difference in what ASIC did about the CEOs and Execs at CBA.
    That's just one of the many, many examples on the public record and held within the evidence of the BFCSA and everyone of the 36 Australian lenders.
    We have the backing to do this with great effect.
    What do you think of that? Feedback please :)

  • doyla66
    doyla66 Sunday, 09 September 2012
  • Denise
    Denise Sunday, 09 September 2012

    Hands up those who wish to be part of new party? We have a brilliant leader, an exciting name. I cannot be leader as it would deflect from my work with BFCSA, but I can support those willing to take the plunge!
    denise

  • doyla66
    doyla66 Sunday, 09 September 2012

    Based on what I've read about the other political options this is probably a good time to kick off a new party. Who is the brilliant leader?

  • doyla66
    doyla66 Sunday, 09 September 2012

    I am interested!

Leave your comment

Guest Tuesday, 25 February 2020