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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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BFCSA: Banks Creating TOXIC Loans: The Mechanics of Bad Banking Practices and Criminal Intent. Part I

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Low Doc loans were created as a smoke screen for a massive criminal operation: widespread global looting of people's assets and financial security.  The entire structure continues to be run by a powerful Cabal of Banksters.  No relief is in sight in the immediate future, due to the reluctance of elected Governments to deal with the turmoil and chaos within.  Therefore, the game plays on.

The official version in the late 1980's began with a Low Doc Mortgage product, supposedly for marketing to small business people, who owned or had large equity in their own homes.  The loans could be for business purposes (to boost small businesses) or for investment purposes (to boost property/building industry sectors).  The rules were simple enough: proposed mortgagors had to demonstrate minimum two years strong business figures and you had to supply a current Business Number.  In Australia its called an ABN number.  Other countries have similar acronyms for the same requirement.

Regulators like Australian Prudential Regulatory Authority ("APRA") were supposed to ensure strict Codes of Conduct by licensed Bankers were being adhered to. Other countries have similar controlling bodies.  Yet on a global basis, the product was abused and misused by the banks and intentionally so, for over two decades and destroying the dreams and aspirations of over 5 billion lives in the process.

Why?  Banks do extensive product research and risk assessments prior to launching new products.  Of course they do.  

Bankers KNEW that small businesses with only two years experience were struggling and therefore, lending requirements would be small under "affordability" licensing requirements.  

Bankers KNEW the number of large lending "volume of business" they coveted could only be possible by marketing to a massive market, thousands of times bigger than small businesses could ever deliver.  Yet the above storyline had a "plausible ring" that Global Regulators "bought" the fraudulent storyline.

Regulators realised the machinations of the scam not long after inception, yet no-one in power wanted to risk reputation by closing the scam down. The cover-up through-out all infected countries would take years to uncover.  

Banks real target?  ARIPs:  "ASSET RICH and INCOME POOR."   Banksters maliciously targeted pensioners and low income families around the Globe turning the poorest families into DEBT SLAVES....paying Banksters disgraceful bonuses for life.

Is asset-lending outlawed in your country?  Is Maladministration in Lending outlawed by your Government and yet banks were clearly involved in breaking laws whilst acting as a Cabal?

Are you a victim of Low Doc and FULL DOC fraud?  Perhaps you suspect you are but were never given the original Loan Application Form that contained your signature?

YOU ARE NOT ALONE................................

How did the Bankster get away with such self-serving, diabolical criminal activity for so long? More revelations in PART II during the coming week.

Stay tuned.............   This email address is being protected from spambots. You need JavaScript enabled to view it..a.

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Guest Thursday, 26 November 2020