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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 Petition re Banks, Pirates of Finance Sector on change.org NOW AT 1001 and rising

Posted by on in ROYAL COMMISSION URGENT
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This is the link and thank you for support as this is sorely needed and long overdue

https://www.change.org/p/mr-david-murray-chairman-of-the-financial-system-inquiry-recommend-an-urgent-royal-commission-into-australian-banks-australian-non-banks-collapsed-companies-the-regulators-asic-apra-and-all-subsidiaries-and-joint-partners

 

 You will need to paste link onto word page and make sure you press enter at the end of the link

 

Please also write YOUR SUBMISSION to JOINT PARLIAMENTARY INQUIRY now granted extension of say 10 days

Issue is re FINANCIAL ADVISERS who advised you to tip your life savings (OR MARGIN OR EQUITY LOANS) into unsafe financial products, investments, and companies that collapsed..................................

The Economics Committee will also ask the Banks to explain their role in lending to cause losses and LINKS between banks and developers, construction and property deals....................the essence of CONTROL FRAUDS.

Please immediately hot the keyboard and say 2-3 pages on why you think there should be a recommendation of ROYAL COMMISSION into the entire CONTROL FRAUD FINANCE INDUSTRY.

 

The Captains of Finance Industry are the only ones getting rich at the expense of the rest of Australians.  A New Federal Bureau of Consumer Protection has to be granted in place of ASIC.  ASIC has Conflicts of Interest generated and obvious by the losses since 1998.

 

THIS IS THE ADDRESS to send to:

Committee Secretariat contact:

 

Committee Secretary
Parliamentary Joint Committee on Corporations and Financial Services
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3583
Fax: +61 2 6277 5719
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.

 

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Guest Saturday, 18 January 2020