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BFCSA
MORTGAGE
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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: Sterling White Collar Crime! You Sir, were in charge at the time. # 27

Posted by on in ROYAL COMMISSION INTO ASIC NEGLIGENCE
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Dear Mr Morrison ,

I am writing to you in regards to the letter forwarded to you from Denise Brailey in regards to the collapse of the Sterling First group of companies .

My wife and I are Also victims of this unscrupulous group of people who have taken everything we had along with our pride and our well being .This group of people were known to ASIC from previous shady dealings but chose to ignore the fact .

ASIC were warned about them and still did nothing , you , Mr.Morrison were Treasurer at this time(2015) and held monthly meetings with ASIC but still nothing came to light which to me shows a great length of inadequacy of all concerned .Another point I would like to make is why haven’t these miscreants been bought to justice , they are probably sitting away somewhere enjoying the good life while we struggle to exist .

 

 You , now as PM have a chance to correct all of the wrong doings by ASIC to offer an immediate refund of the monies stolen by these criminals and ASIC’s incompetence to all of the AGED PENSIONERS that have been ripped off .

 

We expect the right thing done and $36 million paid as compensation within the next 5 weeks to avoid all retirees and pensioners being thrown into the streets in that small window of opportunity to right this disastrous WRONG.

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Guest Tuesday, 17 September 2019