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BFCSA
MORTGAGE
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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: The Spruikers are at it again "WARN" your friends and family. Kell says ASIC has concerns 2004, and 2013

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Dear members

When I checked our email today SHOCK HORROR there was this lengthy email from Great Sites Australia promoting growth and cashflow one day seminars Australia wide hosted by a self proclaimed millionaire Dymphna Boholt. Ms Boholt has compiled a lengthy email with lots of graphs and some filmed segments. She is heavily promoting real estate and it appears to be focused towards mining towns and she claims this is the start of the next big boom( sound familiar) and is heavily promoting looking after your family and their futures.She claims to be an economist and accountant.

There is no mention on how to finance this money winner, you have to attend the seminar to find out, she also claims to not using negative gearing because you will be earning so much money you won't mind paying tax. She refers to the money you supposedly earn as "Passive Income" after all the normal costs are deducted.

Thanks to the banksters I trust no one now, to the uninitiated it sounds very attractive and the one day seminars will be very well pre-rehearsed with also people who have made money supposedly from it vouching for the scheme, ASIC for thousands of Australians can you please check it out or have you already rubber stamped it and given them the go ahead and what part are our bankster nemesis' involved and what sought of loans are involved?

Denise have you heard of this Dymphna Boholt before?

Members" Beware" the spruikers and banksters are at it again, are they targeting super which self funded schemes can invest into real estate? Thanks Neil T.

Ed:  YES INDEED and also Rick Otton and also Dominique Grubisa and the list goes on.  YES INDEED STAY AWAY and thanks for alert.  MY friend Neil Jenman also knows heaps of people stung by these spruikers.  What is ASIC doing?  PETER KELL told Senator Cormann in Parliament in Feb this year the same words Kell said in 2004: "we will be getting tough on Spruikers...."

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  • doyla66
    doyla66 Thursday, 19 December 2013

    Yes they are all again out in force having been given the green light by they who we do not need to apportion names to or why and it's a hot potato knowing it's now SMSF's they are chasing. Her credentials are definitely bona fida for years ago I worked with her (nothing to do with property but she was then qualified as is stated). Had heard a few years ago she was on the Seminar Circuit so when I got an unexpected invite a few months ago to attend a free day seminar I went along out of curiousity and it was not a wasted experience from a learning perspective. She is smart, sharp, unaffected and knows her stuff well. Not into negative gearing (from that aspect a bit of a square peg in a round hole compared to the rest of them I am told) but an expert in asset protection and she went right into it. I was not pressured into making any commitment and nor did I but many do at such events purely on the hype generated and many then fail to commit to do the learning involved which is what I believe one pays for. From memory I think there was a 30 day cooling off period if one signed up and changed their mind but cannot confirm this. Hope this helps for I know exactly what you mean re no longer trusting anybody for if you cannot trust your own Bank or your Government to do the right thing by you who do you trust?

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