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TONY ABBOTT MP. What he plans to do about the Banks asset lending & the Banks using fraudulent Loan Application Forms.

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From: wayne styles
Sent: Tuesday, 4 September 2012 
To: Abbott, Tony (MP)

I have also sent copies of this e-mail to : Senator John Williams, Denise Brailey (BFCSA), Julia Gillard PM, Tony Abbott MP, Julie Bishop MP, Joe Hockey MP, Nick Xenophon MP, Joyce Barnaby MP, B. Bilson MP, Andrew Robb MP.


We must have a ROYAL COMMISSION immediately into the fraudulent activities of the banks.

We too have been conned & deceived by the COMMONWEALTH BANK & Mortgage Broker using FRAUDULENT Loan Application documents, in both 2005 and 2007.

This is a common business practice used by the Commonwealth Bank of Australia
where they corruptly lend money using grossly falsified Loan Application Documents  (that the client's have never seen),
& conspiring with Mortgage Brokers (that the clients has never met), & going through Finance Companies (that the clients didn't know about), with the sole aim of the Bank being able to take the clients home.
(Asset Lending).

Then the bank tries to cover it all up, even refuses to supply copies of the Loan Application Documents,
-  Quote:  " We can't give you copies as it would leave the bank open to prosecution."

After 3 years of trying, I have all the other documentation, including the falsified Loan Application Documents.
They were fraudulently falsified in our 2005 loan and even more so in our 2007 loan re-finance.
Fortunately for us they were dumb enough to send us the 1st set of grossly altered documents - by mistake!

I have also discovered that the bank (or the broker) even used FAKE Low doc declarations that they photoshopped/ cut & pasted together to get around the normal loan policies!  I also have copies of these.

One of the most shocking things about this is that the Financial Ombudsman Service (FOS) -who are supposed to protect the public from illegal or unethical banking practices - has disturbingly decided that : even though the bank may have known that the documentation was false - THE BANK WAS ENTITLED TO RELY ON THAT FALSE DOCUMENTATION! 
The FOS are blatantly biased in favour of the Banks. They have ignored key documentary evidence & overlooked much of the fraudulent information. 
My wife and I even discussed the possibility of 2 of the FOS investigating officials being bribed, such was our level of disbelief at the way they were constantly trying to justify the Bank's actions!  
At one stage, they stated that they knew that the income details had been falsified as we were receiving Family Assistance so therefore could not have been earning the income stated on the loan application, and were suggesting that the Bank should enter into a settlement conference, and were waiting for the Bank to respond.  The next letter we had from the ombudsman was the final decision - in favour of the bank!  
Even more sinister the ombudsman also put in a clause stating that : if we accept the decision that we were to agree not to take any further action against the bank!  This is how they try to protect the Banks, they are certainly not protecting the public against this fraud.  

We were actually advised by one of the FOS Investigating Case Managers who realised that important matters in the investigation were being overlooked in favour of the bank, to go to the State & Federal Police to make an official complaint against them for fraud, which is what we will be doing shortly.

We are now at the stage where we have our Local MP backing us on this and we are currently talking to our State MP, before making an official complaint.  We also have the full support of Mr. Russell White, of the National Federation of Independent Business. 

I can send you a CD documenting all the evidence.

Wayne Styles


This was Tony Abbotts reply:

Thank you for your email to the Leader of the Opposition, the Hon Tony Abbott MHR. Mr Abbott has asked me to respond on his behalf.

The Coalition appreciates the time and effort that many Australians put into sharing information. Your comments have been carefully noted.

On behalf of Mr Abbott, I thank you for your letter.

Yours sincerely

Office of the Hon Tony Abbott MHR
Leader of the Opposition



My next letter sent was:



Dear Mr. Abbott,


                 Please can you tell me what you plan to do about this fraudulent activities of the banks & other lenders?


        After all, this is a major crime against the Commonwealth, which means that it is a crime against the people of Australia.


It must be stopped.  Fraud is a criminal offence.  The bank executives are the people responsible for this fraud.   They are the people that must be prosecuted & jailed for this fraud.


The AFP is the primary law enforcement agency responsible for investigating crimes against the Commonwealth of Australia.

Over 500 BFCSA Members wrote to the AFP last week:   "The reason I am bringing this matter to your attention, Mr Negus, is that the AFP is responsible for investigating crimes against the Commonwealth and against the national interest.  

Serious, systematic mortgage and LAF fraud by our ‘Big 4’ banks and other licensed lenders, which includes Westpac bank and 35 others, would seem to be a crime against The Commonwealth (that is the nation’s people), and therefore a crime against our nation."


There was a Diggers story re Australian Mortgage Scandal on our BLOG.  We have at least three serving Diggers as members to date.  What a disgrace that they should be treated in this manner and then to receive Australian Federal Police Cdr Negus' pathetic flick letter.




This was Tony Abbotts reply:

Dear Mr and Mrs Styles


Thank you for your email.


As you may be aware, I have recently made a series of landmark speeches outlining new Coalition commitments to, among other things: a commission of audit, a one-stop-shop for environmental approvals, greater use of 457 visas, more private funds for infrastructure, and a new approach to indigenous employment.


The Coalition will be releasing detailed policies in good time before the next election.




Yours sincerely





It is clear from Tony Abbotts response, that he plans to do ABSOLUTELY NOTHING AT ALL.

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  • doyla66
    doyla66 Saturday, 22 September 2012

    Keep moving on this Wayne. Check other posts that have covered the same issue. Don't be surprised with the Ombudsman's tack. He and all the others in FOS are having their salaries funded (Legally) by the banks pooling money to finance the FOS operation, etc.
    Your local MP, doubt if the party will support his efforts to help you, however no harm in giving it a try.
    The government and opposition only like 'cleanskin' activities to get stuck into. Anything that is too hard or can hit their budget they steer clear of.
    Keep in mind the banks collectively hold a lot of power and money. Money can shut governments up.
    This is more reason why the BFCSA is creating its own political party. This party need support from you and as many of your friends, colleagues and networks you may have. Chin up.

  • doyla66
    doyla66 Saturday, 22 September 2012

    Great work Wayne - brilliant letter. Keeping up the pressure to wear them down can work in our favour.
    Force and people power eventually wins over and our soon to be created Political Party will add so much strength to what we are trying to achieve.

  • doyla66
    doyla66 Saturday, 22 September 2012

    My jaw has hit the ground...This is like a bad movie !!

  • doyla66
    doyla66 Saturday, 22 September 2012

    mr lochenzo

    i cannot believe that this government (& it loks like the next govt) are dragging their feet on this....bring on a royal commission..

  • doyla66
    doyla66 Saturday, 22 September 2012

    Abbott's response does not surprise me one bit. After all, he is just the party puppet.
    Following his monumental cockup with figures (how big was that $ error :o:D) in the previous election, he & his puppeteers are too afraid to publicise any of their policies lest they make the same stuff up once again.

    Even so, Wayne, keep up the pressure & publicising the studipity of their weaknessese from all you encounter. BTW: great emails. ;)

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