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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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Money Choice and Matt George and FAST Group

Posted by on in Consumers Fight Back
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Reader asks:  Where are all the people affected by Matt George from Money Choice lets all get together and make the government do something?

Dear Reader:

You need to be in a collective group which we have already provided. Your power is in numbers.  Just email me and we will place you on the MC register to enable you to plan the next chapter and take control of the situation as aggrieved consumers with a voice.

Did you notice that Stephen Kane was head of the aggregator FAST GROUP, picking up the bank commissions re Matt's deals, and where is Stephen now? He works as exec for NAB of course!

And what has ASIC concluded after the flood of complaints?  What has ASIC done re the banks that approved loans for MC victims?

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Comments

  • doyla66
    doyla66 Saturday, 31 May 2014

    Duped

    I have heard that this con man when he sold his loan book spread his millions into about fifty different solicitors trust accounts. This news comes from somebody very close to him. I wonder what information ASIC has collected on him when he sold his loan book and the millions he collected.

  • Denise
    Denise Saturday, 31 May 2014

    As usual ASIC doing nothing. Senators must be really really frustrated at dealing with the ASIC regulatory idiots as we all are. My experience with their stupidity stands for over 15 years!!! This week ASIC announced they will warn spruikers not to break the law.....that's what ASIC bleated in 2003. What more do we have to do to have PARLIAMENT respond with an abolishment of the ASIC monolith. ASIC is very very good at protecting the wrongdoers. [email protected]

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Guest Saturday, 21 September 2019