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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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Subscribe to this list via RSS Blog posts tagged in ASIC Senate Inquiry 2014
The endless stream of "Our Story" blogs from members highlights the abject dishonesty of Australian Securities and Investment Commission("ASIC").  ASIC and it's agencies say "NO SYSTEMIC ISSUES" and "we have seen no evidence....etc"  ASIC has failed on all levels to completely cover up these wrong-doings in the banking sector.  These frauds and "maladministration in lending" are running through the Banking Ombudsman's office at FOS, like a dose of epsom salts.   Each consumer complaint is a crime scene in its own right.   State Police should tie a yellow ribbon around every state in Australia and call it a WHITE COLLAR CRIME SCENE.  These monstrous criminal activities were engineered by the Executive level of the Major Banks, yet ASIC has not nailed one banker.  Why?  Well that's the $100 billion question as to why mostly older Australians were targeted for equity loans to invest the proceeds of 40 years of saving...
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Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    Ditto Honesty - even saw it done in front of my own eyes a few times by my Bank Manager when all the help to assist (sorry meant f
  • doyla66
    doyla66 says #
    Greedy bankers: Please Note - to retrieve all loan files simply 1.Input customer details 2.Type in the loan number Hit enter and
  • doyla66
    doyla66 says #
    Mmmmm Nanna I think your right....they set u up Thats very scary Shouldnt it just be all voided No documents No loan If only it wa
  • doyla66
    doyla66 says #
    FOS seem to be in bed with the banksters it can be said. FOS believe everything the banksters say and do, or should I say don't a
  • doyla66
    doyla66 says #
    P.S Again I will jump on the phone and request my god dam paperwork! I have some but I want it all. These banks are so hard to dea
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