Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook

facebook3           facebook2 


What BFCSA Does...

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.


Articles View Hits

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

Denise Brailey

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form

BFCSA: Slater and Gordon under ASIC investigation over possibly 'falsified' or 'manipulated' financial records

  • Font size: Larger Smaller
  • Hits: 766
  • 1 Comment
  • Print

Slater and Gordon under ASIC investigation over possibly 'falsified' or 'manipulated' financial records

By business reporter Thuy Ong

Updated about an hour agoWed 21 Dec 2016, 12:43pm 21 December 2016



The corporate regulator is investigating law firm Slater and Gordon over whether it deliberately falsified or manipulated its financial records and accounts.


In a statement released to the ASX, the law firm said it was served yesterday afternoon with two notices by the Australian Securities and Investments Commission (ASIC) to produce documents related to its financial accounts for the period between December 2014 and September 2015.


The corporate watchdog is investigating the accuracy of Slater and Gordon's financial records and accounts and will also investigate whether the company or any of its employees have committed offences.


Slater and Gordon said the documents are to be produced later this month and in early January 2017.


The company said ASIC has stated the notices "should not be construed as an indication that a contravention of the law has occurred, nor should they be considered a reflection upon any person or entity".


Slater and Gordon said it would comply with the notices and "fully cooperate with ASIC so that its investigation may be completed as soon as reasonably possible".


Slater and Gordon shares fell 7.5 per cent to 24.5 cents by 10:39am (AEDT), following the market announcement.

The company's share price has been in freefall since peaking above $8 in April 2015, after massive write-downs and debts associated with the ill-fated acquisition of UK business Quindell, which coincided with its share price high.


ABC News contacted ASIC, but the watchdog declined to comment on the matter.



Last modified on
Rate this blog entry:


  • organza
    organza Wednesday, 21 December 2016

    Possibly falsified or manipulated financial records and accounts??? Goodness me, pass the smelling salts. ASIC must be feeling a degree of pressure to have made that admission. Now we will have to wait with baited breath to see if Robots on auto pilot are blamed for obeying flawed calculator instructions. It's a worry when regulators with short memories responsible for giving the green light to make corruption free for all are doing the investigating.

Leave your comment

Guest Monday, 17 February 2020