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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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ASIC KNEW!! And did  NOTHING Greg Medcraft MUST GO! Full story UPDATE: QUESTIONS are being asked of government regulator the Australian Security and Investment Commission over what actions it took prior to the $660 million collapse of the Banksia Financial Group. Thousands of investors are facing hundreds of millions of dollars in losses after the shock collapse. Julie and Les Bailey, former dairy farmers from Numurkah, say they have potentially lost several hundred thousand dollars invested in Banksia superannuation. "We have lost all our super," Mrs Bailey said from her Queensland home. She said it was not only Victorians who were suffering. Others interstate, including the couple's son, stood to lose significant investments, Mrs Bailey said. ASIC was allegedly informed about the precarious position of Banksia, and a subsidiary Statewide Secured Investments 18 months ago, according to NSW property developer David Hawkins who was involved in litigation with the firm....
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  • doyla66
    doyla66 says #
    SUSPICIOUSLY, CEO Patrick Godfrey, who founded it in 1968, stepped down as chief executive in August, only 2 MONTHS BEFORE THE COL
  • doyla66
    doyla66 says #
    ASIC -- A Sick Institutionalised Corporation
  • doyla66
    doyla66 says #
    Question who insured the accountacy firm. The audit was false. Back on to point Who looks after mortgage lending AND fraud in th
  • doyla66
    doyla66 says #
    If the investors didn't like what was going on did any of them succeed in getting their money out then? I know I couldn't get my
  • doyla66
    doyla66 says #
    Some of the people are nice, Maria but they're limited to what they can do in a basically ineffective stuffed system. It's the who
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