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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: New Zealand Mortgages tainted by Australian Banksters. WESTPAC moving off shore

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There are stories flooding in to this site and too many to publish, but the sadness is the same and a growing groundswell of anger.  A New Zealand Prime Minister said hello to me as I walked along to speak with her Minister 2008.  I spent two weeks with the help of EUFA volunteers in gathering documents and speaking with so many wonderful people who were all victims of the New Zealand Mortgage Scandal.  At each gathering hundreds turned up to the eight venues across the nation.   I was warmly made welcome and people gathered around for hours after each session.  It is a lesson in collectivism and community and supporting each other.

Now New Zealanders are sending their support to YOU.  WE are sending our support back to our NZ cousins.  What is wrong with the Prime Ministers of both countries?  Do they not see the looming crisis in the banking sector?  The DIRTY refinancing has dried up!  So does that mean mass repossessions or do we bring these Banksters to Justice?

The scale of this scandal is breathtaking.  I am just one person but now we are 1000 strong and growing in numbers as more people realise they have been utterly cheated by the Banksters and stitched up to a life-time of debt.  However the movement is growing daily as more and more horror stories emerge!

Regulators are suggesting and Treasury, that if we try to fix the problem, the entire economy would collapse.  So, we all just sit around for that to happen?  To repair the damage we need THE TRUTH.  To seek the truth we need a ROYAL COMMISSION into Australian Banksters and in particular the ones who deliberately infected New Zealand..  

The Bankster Plot:

The reason Mortgage Fraud and Sub Prime Lending are such hideously chronic crimes, is the fact that you are expected to lose your homes within 7 years.  The gears were set for that outcome from inception, whilst selling you on the idea that this was your road to future financial security.

The Bankster Road to Riches was engineered by taking advantage of workers and pensioners   Giving the poorer set, loans they could never repay capital on and, enabling Banksters to become fabulously wealthy with an interest feeding income drip for life of loan until punters lost their homes, their self-respect, their retirements and had to start again at age 60 plus.  Then you the Banksters managed to also insist you had the right to collect more funds by having the punters repay the LOSSES on the original debt.   That's because you pumped up the property market to an impossible height knowing you had the power to pull the pin and deflate the market whenever you wanted.  You cannot profit from a fraud, but you engineered a plan whereby you could under so called "self-regulation."

THAT WAS THE PLAN....PREMEDITATED CRIMES.

DEREGULATION was a free for all for Australian Banksters to play havoc with innocent people's financial well-being.  The "Work till you drop PLAN" and pour all your income into the Bankster's personal pockets and retirement plans.  Then retire on a  pension and pay more for the debt losses from your meager pension.

Oh, they did allow you $17,000 per year to afford food..............................but no shelter for you lot................out in the street you go!

Both the Australian and New Zealand Governments via Australian Securities and Investment Commission and the NZ Securiteis Commission KNEW all about dodgy mortgage loans and corrupt banks and did nothing....except collect handsome salaries for doing nothing.

Today I received this:

"I'm a 65 year old veteran of the Vietnam War, and I served in the 2nd battalion of the Royal Australian Infantry.   During my working life I did not waste money on gambling, tobacco or grog and as a consequence I owned my own home.  Now I live in fear everyday all will be lost.  My family will see me out in the street. "  More from this chap another day.....

These people were SPRUIKED by agents of the Banksters   The Courts in each State and in NZ are looking closely at what could be facing them in the next decade....waves of class actions against these dirty bankers.  Those who knew and were in power and turned their backs have unclean hands.

I am a strong believer:  TRUTH HAS A DELICIOUS WAY OF BUBBLING TO THE SURFACE.  History Repeats.

We do not have the strongest banking system and bank regulation in the world....its a facade!  There was NO regulation.  Self regulation was a MYTH.   In other words a " sub prime lending free-for-all" and our bubble is just about to burst.  

 

Banksters are preparing to move their loan processing and manufacturing plants off shore......... WESTPAC IS IN FRONT

STRING 'EM UP!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Banksters, Minders and Regulators are the biggest readers of this site.  Morning Chaps!  Enjoy your Mansions.

 

 

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Comments

  • doyla66
    doyla66 Friday, 01 March 2013

    What is wrong with the New Zealand and Australian Prime Ministers? Why have they not seen this crime a long time ago? Why do they choose to ignore it and why do they not care about the suffering that it has caused to thousands of people.
    This crime will never go away it will only get worse and wreck our economy more than it has already.
    We need a Royal Commission now Prime Minister - stop postponing the inevitable.

  • doyla66
    doyla66 Friday, 01 March 2013

    'you are expected to lose your homes within 7 years'... i feel sick... Agree with you ali, what is wrong with our prime ministers, aust. and nz. where is the mainstream news reporting bankster dirty deeds to all the other 'mushrooms'

  • doyla66
    doyla66 Sunday, 03 March 2013

    Yes, 7 years later, we ourselves have reached the stage where we are in default (unofficially- as he CBA want to keep it quiet), so the CBA have just said that the unpaid mortgage amount of $16,500 will be ADDED to the overall amount of the loan, getting us even deeper & deeper into debt!

    Regulators are suggesting and Treasury, that if we try to fix the problem, the entire economy would collapse? ABSOLUTE RUBBISH.

    THIS IS JUST THE GOVERNMENT & THE BANKSTERS WAY OF TRYING TO BRAINWASH THE PUBLIC INTO CONTINUING THIS FRAUD & CORRUPTION!

    Take Iceland as an example. It didn't collapse when those brave people threw out their Government & got rid of their crooked bankers!
    The country is now thriving!

    DO NOT BE FOOLED BY THE REGULATORS / TREASURY & THEIR LYING PROPAGANDA. IT'S TOTAL HOGWASH.

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