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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: Election Promise # 1: Urgent Roots and Branch Inquiry into the Banking System, Mr Hockey

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Dear Mr Hockey,  Congratulations on your new role as Federal Treasurer.  In 2010, and again in 2012, you did promise a "Roots and Branch" Inquiry into the BANKING SECTOR, and we are ready to deliver the evidence members have amassed since 2008.  I can personally assure you that all our members have been waiting for this moment to arrive.  We simply need the date due to the urgency of cases.  We also ask for a freeze on all mortgages pending the outcome of the INDEPENDENT INQUIRY.

I can also assure you the roots spread underground in a far wider pattern than the above ground branches show.  This is an urgent plea for all Australians with toxic mortgages who are currently battling these devious bankers.  All we ask for is a wide Terms of Reference and a fair go!

Kind Regards

 

Denise L Brailey

 

President of BFCSA (Inc)

Banking and Finance Consumers Support Association (Inc)

www.bfcsa.com.au

This email address is being protected from spambots. You need JavaScript enabled to view it.">This email address is being protected from spambots. You need JavaScript enabled to view it.

Mob: 0401 642 344

 

 

 

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  • doyla66
    doyla66 Sunday, 08 September 2013

    Dear Mr. Hockey, My husband and I are in total agreement with Denise. For nearly 4 years we have battled the Nab's devious and sordid acts of fraud, Nab's denial of the evidential facts seems beyond comprehension to us. Nab employed top Barristers and no doubt wasted hundreds of thousands of dollars dragging us through the courts. We are self litigants because we did not not have the funds for Solicitors nor Barristers and this can be attributed to Nab. We are now homeless with a warrant of possession being served on the 30th May. After living 42 years in the our home you cannot imagine the devastation we feel. Over 2/3 of our lives gone now. When Nab have the power to do this sort of dirty work there is something wrong in Australia and with the laws that govern the Financial Industry.
    Please do the right thing by all Aussies and have an enquiry in Banking. Denise is right in everything she commits to and she has all BFCSA members unwavering support. We being all members of BFCSA have the evidence and facts.

  • doyla66
    doyla66 Sunday, 08 September 2013

    Dear Mr Hockey, Your promised "Roots and Branch" enquiry into the Banking Sector is sorely needed. We are all aware that Australia needs a robust banking system, but to continue to allow sneaky, underhanded schemes hatched by senior members of the banking industry to dishonestly leach the equity out of the assets of hard working ordinary citizens is not right. We have voted for you on the strength of your promises and are looking to you to act on this urgently.

  • doyla66
    doyla66 Sunday, 08 September 2013

    my letter is ready to be posted. We have waited a long time for this Mr Hockey

  • doyla66
    doyla66 Sunday, 08 September 2013

    Dear Mr Hockey,
    First and foremost, I would like to congratulate you on your recent success in the Federal Elections.
    My partner and i are victims of bank fraud and live in fear of loosing our home.
    It is wrong for our Government to continue to ignore such bad banking practices which are leaving people destitute.
    Denise and BFCSA members have more than enough evidence to support our claim.
    We voted you in trusting that you would be true to your word and now we are expecting you to deliver your promises of a Roots and Branch Inquiry into the Banking Sector.
    This is so crucial to us, future generations and the future of our country

  • doyla66
    doyla66 Sunday, 15 September 2013

    Agree. Mr Hockey, congratulations on getting in. We're so looking forward to your announcement of this vital inquiry. Not just for ourselves, for all Australians who want to feel confident in the integrity of banks and regulators, like we used to feel many years ago. Too many of us have died due to our interactions with Banks and the EDR system. All of us are at risk of losing our homes while our evidence of clear documented misconduct, fraud, forgery and just plain stealing are overlooked.
    We would like to know that this perfidy will not be visited upon our childrens children. We didn't deserve this shameful scam and nor do they or any decent Australian. It looks like it's all part of a world wide scam and we're just another country on the list.
    We've watched the mess that the EU and the US have made as they tried to fix it up.
    We've looked at Iceland emerge from their debt-ridden crash and grow in stature and self-reliance.
    We've applauded the independence of Brazil from the IMF and the sensible effort of countries like Hungary and Finland.
    I know we can learn from their successes and failures and come up with a solution that is right for Australia.
    As a matter of justice I believe freezing all our cases is very important until this independent inquiry has concluded. This will also relieve the massive stress burden of many of our members and ensure that they stay alive and well and are able to see justice done properly on their loan fraud cases. I know you'll understand why I ask this be given special consideration.
    Looking forward to your announcement of the date for this, our Australian Banking Inquiry.

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