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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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MoneySuper & Funds  SMSF alert on property John Collett  Date December 5 2012  SMH Trustees investing in real estate must keep an eye on the details or could find themselves in serious trouble. Read more: http://www.smh.com.au/money/super-and-funds/smsf-alert-on-property-20121204-2as1l.html#ixzz2ssVgsJ7y The Australian Taxation Office (ATO) is warning trustees of the rapidly growing self-managed superannuation funds (SMSF) sector to be cautious when investing in property.  The acting commissioner of the ATO, Bruce Quigley, says some trustees are using their superannuation funds to invest in property without fully understanding their legal obligations, or are deliberately trying to skirt the law.  Breaches of the law can result in a fund's trustees being disqualified, civil penalties or even criminal charges. Fines of up to $220,000 can be applied to trustees entering into arrangements that are not properly structured. Over the past five years, the rules have been progressively relaxed. Trustees can now borrow to invest in property through their...
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  • doyla66
    doyla66 says #
    Huh? I'm becoming so very confused I'm not even sure if to read across or down is now the status quo. Can somebody tell me pleas
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