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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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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.

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riddler- Posted on Tuesday, March 25, 2014  On behalf of all the BANKS OF AUSTRALIA we would like to say not from the bottom but from the very top of our hearts a very warm thank you and the very kindest of regards for without you we could not have achieved the greatest heights of criminal misbehavior, massive fraud and general raping an pillaging of commoners bank accounts that you allowed us to achieve. So it is with almost a tear in my eye (if I had feelings) that I extend this gloved hand (thieves always wear gloves) of gratitude to you the BANKS FRIEND AND CONFIDANT and adviser of taking questions on notice SO THANK YOU from all of us Bankers and all the BROKERS that haven't worked it out yet, but keep bring in more clients to rob.........................and, Thank you Thank you Thank you ASIC. Your Mission Statement will hang proudly on our wall to remind...
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  • doyla66
    doyla66 says #
    Yes indeed Denise -- BOQ has been in the top 5 of complaints to FOS in housing finance for the last few years and is always well a
  • doyla66
    doyla66 says #
    Also on another note - NSW are allowing tv cameras etc into court rooms..! Soon to be a national wide thing and they will be allow
  • doyla66
    doyla66 says #
    I have seen LAFS provided to FOS by loans that were done through BOQ North Ward recently. Not only were the LAFS incomplete and i
  • doyla66
    doyla66 says #
    It is becoming clear ASIC is a front for the banks. There have been scandals involving the four major banks and nothing but a slap
  • doyla66
    doyla66 says #
    Wow! these sort of posts show how deeply we are all being affected by the banks frauds. Anger is mounting amongst us all. We have
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The Four Major Banks preyed upon Low Income families and targeted ARIPs (its in their promotional material) ASSET RICH AND INCOME POOR.  Some of the vulnerable were disabled at the time of the lending and are disabled now in their battles with these heartless greedy banks.  Pensioners and Battlers - everyone was fair game and Brokers taught by BDM's banks will loan to anyone who asks.....................but especially older persons who own their own home.....banks are just HELPING PEOPLE!!!! Westpac and RAMs were perhaps the worst of the worst. It all sounded so innocent.  Now Brokers are coming forward and realising they have been done over by banks and clawbacks.  Loans last only long enough to see the commissions being clawed back. More lives in ruins - all except Bankers of course. A decent Broker explained what we hear often: "The motivation for moving into the mortgage broking area was first-hand experience in how badly...
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  • doyla66
    doyla66 says #
    Westpac/Rams perhaps worst of the worst. I realise all banks and lenders are in on this this fraud, they all had to be for it to w
  • doyla66
    doyla66 says #
    Most of them haven't got the stomach for sending white collar workers to jail, even though the grubs have destroyed lives and live
  • doyla66
    doyla66 says #
    On behalf of all the BANKS OF AUSTRALIA we would like to say not from the bottom but from the very top of our hearts a very warm t
  • doyla66
    doyla66 says #
    Spot on Denise, banks and lenders are low life for inventing a system that has been virtually undetectable until you come along. T
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