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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 and Dead Donkeys

Posted by on in BANKSTERS
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Paddy bought a donkey from a farmer for £100.
The farmer agreed to deliver the donkey the next day.
In the morning he drove up and said, ‘Sorry son, but I have some bad news. The donkey’s died.’
Paddy replied, ‘Well just give me my money back then.’
The farmer said, ‘Can’t do that. I’ve already spent it.’
Paddy said, ‘OK then, just bring me the dead donkey.’
The farmer asked, ‘What are you going to do with him?’
Paddy said, ‘I’m going to raffle him off.’
The farmer said, ‘You can’t raffle a dead donkey!’
Paddy said, ‘Sure I can. Watch me. I just won’t tell anybody he’s dead.’
A month later, the farmer met up with Paddy and asked, ‘What happened with that dead donkey?’
Paddy said, ‘I raffled him off. I sold 500 tickets at £2 each and made a profit of £998

The farmer said, ‘Didn’t anyone complain?’
Paddy said, ‘Just the guy who won. So I gave him his £2 back.’
Paddy now works for the Commonwealth Bank as a financial adviser.
  
from a member in need for light relief from FOS stupidty and latest Ombudsman diatribe

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Comments

  • Aries
    Aries Sunday, 17 August 2014

    I was sure Paddy worked for Bendigo Bank.

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Guest Thursday, 02 April 2020