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What BFCSA Does...

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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Subscribe to this list via RSS Blog posts tagged in COSL assists Lender Fraud
There has to be a Royal Commission into the Banking System, but also into ASIC and its EDR's namely FOS (Financial Ombudsman's Corrupt Service) and COSL (Cosy Lender related Ombudsman).  FOS dastardly unfair misuse of Proportionate Liability provisions of the ASIC Act 2001 relating to Big Bad Banks Unconscionable Conduct is the worst of corrupt banking ideology we have seen  in 20 years. On all levels FOS has become the evil mate of the Banking System in Australia. Shane Tregillis worked for ASIC and then in 2009 was appointed to FOS as head honcho. This EDR needs a complete cleansing and better still complete demolition.  Why?  FOS loves blaming the consumers and saying they are 60% responsible for the BANKERS' FRAUDS on documents the victims had never seen.  As a puppet of corrupt ASIC officials, FOS decided to heap even more misery on those who dared to complain against Banks. Proportionate...
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