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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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Posted by on in Corrupt Regulators
Why is FOS allowing Gadens lawyers to not only 'sit in' on the so-called 'informal' mediation sessions with aggrieved borrowers, but to run the bankers side of the mediation?   Picture this... On one side of the phone you have the FOS Mediator, on the other side you have the bank's two representatives AND two lawyers (partners, no less!!), and last but not least you have the hapless idiot victim suddenly sitting alone on other side suddenly thrown into a intimidating session.  The bank reps sit there saying nothing, letting their 'dobermans' question the victim, implying that the borrower has been doing dodgy stuff and using legal trickery and pressure that the victim has no training or experience to deal with.  Plus they are obviously stressed, nervous and about to have their home stripped from them. I was told I could bring a friend or family member to the mediation, and...
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  • doyla66
    doyla66 says #
    You peanuts in Parliament who call yourselves pollies are just a bunch of useless, lazy twits who sit back and don't care a damn a
  • doyla66
    doyla66 says #
    This is yet another example of the collusion, trickery & deceit that FOS & the Banks use. They have an obligation to tell you that
  • doyla66
    doyla66 says #
    It just goes to how double guilty they to have 2 lawyers present and again going to desperate extremes to cover up their white col
  • doyla66
    doyla66 says #
    From the "Guide to Conciliation Conferences" section on the FOS website: Do I need representation? Can I have another person pres
  • doyla66
    doyla66 says #
    Confidentiality clauses mean the person is trying to conceal their actions. If they were honourable there would be no need. Pret
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