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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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Message for Sir Ralph:  Banks that make profits from cheating, from fraud and forgery, from fake ABN numbers, from electronically engineered service calculators designed to FUDGE INCOME FIGURES and cheat older Mums and Dads out of their homes or life savings - that is not profit Mr Norris and now Mr Narev and Messrs Clyne & Murray - that's criminal behaviour and needs wide ranging ROYAL COMMISSION INTO BANKS AND BANKERS, especially those who retired with obscene fat bonuses payments for flogging and manufacturing LOW DOC LOANs and fraudulent investment plans..   The public are sick of criminal banking activity against retirees and pensioners. These financial products that are toxic and have boosted today's profits to $30 billion per annum for the four major banks should be WITHDRAWN FROM SALE. How does losing ones home (say 200,000 families re $100 billion of toxic loans) assist our economy?  The implosion will be...
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13 FEBRUARY 2003   CBA chief defends massive payout TO 7.30 REPORT Reporter: Kerry O'Brien KERRY O'BRIEN: And I'm joined now by Commonwealth Bank chief executive David Murray. David Murray, I have to say thanks for fronting up.   How many workers have you sacked in your ten years at the top of the Commonwealth Bank? DAVID MURRAY, CE COMMONWEALTH BANK: We've reduced our workforce by a considerable number with changes in the banking industry, a very considerable number. KERRY O'BRIEN: The union says 17,000, would that be about right? DAVID MURRAY: Well, it may be right, but everybody knows what sort of changes we've gone through to make the bank more competitive, and I understand how people would make that linkage because I understand why this sum of money is incomprehensible to a lot of people. KERRY O'BRIEN: And you'd understand why they'd also make the linkage with the number of...
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