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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: COSL to FOS to COSL back to FOS to HLP to Pepper to Mobius to Perpetual to JP Morgan to BNY NOW COLUMBUS CAPITAL OMG!!

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Hi to all,

           Please forgive me if I sound erratic because I cannot fathom the dribble.  It is just beyond me!! The time frame may be out - FOS COSL etc but to be honest I couldn't be bothered entertaining any energy on these dingbats at the moment.

Received a letter from FOS after they re opened our case realizing that BNY Trust who apparently had our supposed account was under the FOS banner after all.  Now mind you this account has gone from HLP to Pepper Home Loans to Mobius to Perpetual under the guise of JP Morgan Trust somewhere.. then somehow materialized under BNY trust.

I may have even missed someone out there, after harassing everyone for my LAF and other documents, which I might add are all doctored bollocks!! And I didn't get them all!

The complaint went from COSL to FOS then back to COSL back to FOS, FOS closed the file, then reopened it , now have closed it again as they say it is now a COSL complaint because apparently, now this is a doozy...  the complaint now is against COLUMBUS CAPITAL PTY LTD .... I stand here near wetting myself laughing at this....... seriously where did this lot come in?? 

And the buck gets passed again.  Are these guys for real?...  and I see First Mac and ANZ are on the tail of Columbus for whatever reason and have been sued by other institutions, so I feel quite comfortable in saying this maladministration in lending is on my side 110% as I have said all a long!! And have the proof!!

You are not getting my home or another red cent!! I know ASIC, FOS and COSL read this and may I ask, seriously guys what are you doing to the people of Australia?!!  Odd that you can put a grandma is prison for suspected fraud then realize it wasn't her, but you won't do anything to these guys when fraud, maladministration and whatever other terminology you want to put on it, is written all over it like no mans business.

SHAME SHAME SHAME as the great Derryn Hinch would say!!

I AM adding this to the senate inquiry....add to the pile ... FREEZE ALL TOXIC LOANS !!

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  • doyla66
    doyla66 Monday, 14 October 2013

    Doug Cameron posted on his FaceBook site: I've been interviewed for a story on ABC TV's 7.30 program about problems with the Australian Securities and Investment Commission (ASIC). The story is scheduled to run on tonight's program - I'd be interested to hear your thoughts.
    Tried to blog it but the "publish now" button wouldn't work.

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