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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 Blog

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 Auditors of ANZ
Loan book growth drives strong profits for major Australian Broker News 10th Feb 2014    A major bank recorded a cash profit of $1.73bn in the final quarter of 2013, spurred on by solid lending book growth.ANZ announced the unaudited profits this morning, which the bank says are up 13% on the same period last year.Continued growth in the bank’s Australian lending division has helped fuel profits, said CEO Mike Smith, with the bank recording above system growth for the past 16 quarters.“ANZ’s distinctive strategy based on growth in our domestic franchises, growth in Asia and strong operational and productivity disciplines is continuing to deliver a consistent improvement in business growth and financial performance,” said Smith.“ANZ’s business strategy has also led to ongoing improvements in the quality of our lending book. Together with the outlook for continued low interest rates and low levels of corporate leverage we now expect the total...
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  • doyla66
    doyla66 says #
    Just incredible isn't it - they steal their loot via mortgage fraud and then pay it out to shareholders. Wonder what might happen
  • doyla66
    doyla66 says #
    Commonwealth Bank the same one embroiled in the financial planning/investment/broking saga have again increased their 6 month prof
  • doyla66
    doyla66 says #
    What did I tell you, CBA announces 4.27 billion dollar half year profit - mainly through FRAUD on mortgage loans. Pay out aggrieve
  • doyla66
    doyla66 says #
    Well well, swimming in profits are they? Surely Mr. Mike Smith can spare a bit from the petty cash tin to reimburse ANZ victims o
  • doyla66
    doyla66 says #
    We can only hope that the Senators are there for the people and not for themselves. This Inquiry will prove it one way or the othe
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