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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 Dear PM: People are talking suicide over ASIC's Criminal Negligence. $36 million Compensation in 5 weeks # 30

Posted by on in ROYAL COMMISSION INTO ASIC NEGLIGENCE
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Dear Prime Minster

 

I am a victim of Sterling NO Life.  I have lost everything I own I cannot believe that ASIC has allowed this to happen. No Australian deserves a neglectful and criminal regulator like ASIC.

We are demanding $36 million in 5 weeks before we are thrown out of our homes.

DO NOT MAKE US BEG.

 These two people Jones and Son were free to trade in Ponzi businesses and well known to ASIC and had done this some years prior

 This has caused major chaos in the live’s of retirees and white-collar criminals have caused many of these poor souls to be hospitalized and

Doctor’s visits for stress related issues. We are united and all of us are suffering.

 

Your Government must act fast to resolve this major problem within the retirees who are stressed to the limit and some have threatened to end it all and not carry on with life. I am stressed to the limit my self

 

ASIC MUST BE MADE ACCOUNTABLE for this CRIMINAL CONDUCT and do the right thing and compensate all these poor unfortunate souls.

 

I am sure if it was your parents, Prime Minister you would also be very very angry.

 

If the government do not  take the bull by the horns and resolve this major issue, then it’s a crime against humanity.

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Guest Sunday, 22 September 2019