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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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BFCSA: CBA Greed and Ian Narev - Another heart-wrenching story of bank fraud and putrid greed

Posted by on in BANKSTERS
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Ghosts of the Past will come back to haunt you Mr Narev - thousands of them........................BANK ON IT!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Another disturbing account from an elderly couple whom have signed our petition :-

The Com Bank took our home, the committed Unconscionable Lending & are sweeping it under the mat...they stitched us up for $70.000 on top of the home loan, knowing we were on a pension & couldn't pay $2000 pm on a $330.000 loan..Mr Ian Narev..CEO of Com Bank you have no conscience. You ignore all my faxes & emails...I'm treated disgustingly when I ring the Customer Service...my calls get terminated rudely....you promised us in writing $8000 for 6mths rent in advance after u took our home of 15yrs...you took our payout, long service money & our super...all went into trying to save our home & you still took it, now because I pay my whole pension in rent, we are left to live in poverty..we cannot even afford our prescribed medication & we are both ill, aged pensioners....you Mr Narev have taken what precious years we have left....

please circulate to everywhere(if anyone has rural contacts please help circulate through farming communities, I can see the banks preying on the vulnerable farmers during the drought), we have to give it a go, for all of us! 

Maggie M

https://www.change.org/en-AU/petitions/australian-government-royal-commission-into-banking-sector?recruiter=44087500

 

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  • doyla66
    doyla66 Monday, 17 March 2014

    Disgusting at its best

    Ian Narev you should be ashamed of yourself. When all of this corruption bubbles to the surface and it will, you all (Bankster CEO's) will lament your opportunity to do some good and show some compassion but it will certainly reflect in your sentences. You will have many many years to consider what you could have done better (oh and I don't mean to improve your Fraudulent plans I mean to increase your humanity). At the moment you consider yourselves a law unto your own but it will not and is not going to continue the crooked world of BANK FRAUD is closing in, the net is tightening and soon it will all be exposed.

  • doyla66
    doyla66 Monday, 17 March 2014

    Ian Narev could not give two hoots about anyone thrown out into the street. All he cares about
    is how much money he can make swindling decent people with fraudulent lending practices.
    If he could he would stomp on them as well. He has the morals and conscience of a smallpox virus.

  • doyla66
    doyla66 Monday, 17 March 2014

    Please excuse my expression but Ian Narev is a pig of a man judging from the cruel treatment of his costomers. i have heard many shocking stories of what he has done to people. He has given the Comm bank a disgusting name and even more disgusting is the fact that our Government has allowed this to go on for so long after knowing fully well of the house stealing saga that we are all facing. Shame on you all. This is supposed to be a civilised country and this kind of behaviour should never happen. The day is fast approaching when all of you will recieve your just desserts.

  • doyla66
    doyla66 Monday, 17 March 2014

    Mr Narev and your co conspirators.................how do any of you sleep at night. Do you have a modicum of conscience amongst you? How much did you get when you sold your Granny????
    What an appalling lot of individuals you all are that you can happily add to your coffers knowing the pain and terror you strike into the hearts of older folk. CBA do not even answer the questions from F.O.S. and just stall at every turn, month after month after month, and let the default interest @ 17.94% p.a. on $373,000 keep adding up. We are on Age Pension and cannot afford to repay the loan, after the $165,000 "buffer-loan to help repayments" has been exhausted over the last 5 years, as well as our savings.
    Will we ever get answers or a favourable result from CBA and/or FOS?????? -Doubtful, as CBA inserted so many lies and false entries on THE PAGES OF THE LOAN APPLICATION WE DID NOT SEE, they just hide behind their Corporate structure, and say "we did nothing wrong"..............what an absolute farce, and deception and fraudulent conduct. OUR POLITICIANS MUST STAND UP AND CALL FOR A ROYAL COMISSION INTO THIS BLATANT AND SYSTEMIC CORRUPT BANKING PRACTICES designed by the Banks to increase profits and literally destroy 1000's of families.

  • doyla66
    doyla66 Monday, 17 March 2014

    Hi Peter and Anne, I was wondering if you have signed our petition. Please don't forget to add the reason why you are signing and also to circulate....Thanks Ali....
    BFCSA: PETITION - Bank Fraud in Australia must be stopped immediately. No trust in Corp Cops on Cover Up duty

    https://www.change.org/en-AU/petitions/australian-government-royal-commission-into-banking-sector?recruiter=44087500

    PLEASE SIGN MY PETITION - BANK FRAUD MUST BE STOPPED
    A ROYAL COMMISSION IS THE ONLY WAY TO EXPOSE THE TRUTH!
    PLEASE PASS ON AND CIRCULATE THIS PETITION TO EVERYWHERE AND ANYWHERE- AUSTRALIANS DESERVE THE TRUTH!!

  • doyla66
    doyla66 Monday, 17 March 2014

    It's sad knowing this. Well, i would say having a full knowledge of your rights would be a complete weapon.

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