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BFCSA
MORTGAGE
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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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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 Greens
  by: By Paul Osborne, AAP Senior Political Writer From: AAP September 29, 2012 12:10AM   A GLOBAL project has been launched to encourage pension and superannuation fund members to shift some of their $60 trillion in savings into funds that support clean and green technology. Deutsche Bank estimates less than two per cent of money held by pension, superannuation and sovereign wealth funds is invested in low-carbon assets. Now the independent, not-for-profit Asset Owners Disclosure Project (AODP) is asking the world's largest 1000 asset owners to reveal how they are addressing climate change and the "green economy". The AODP wants the funds to disclose information relating to five criteria: transparency, climate risk management, low-carbon investment, active ownership (involvement in the companies they invest in) and investment chain alignment (minimising conflicts of interest). The first global index of funds using the information is expected to be published online by AODP in...
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Please forgive me if this has already been posted before ... Lisa     AAP  August 22, 2012 12:11AM   THE Australian Greens will move for a royal commission into whether the Reserve Bank of Australia (RBA) covered up evidence of bribery by its note-printing subsidiaries. The scandal was exposed in the media in mid-2009.A committal hearing in Melbourne last week heard eight former executives of the wholly RBA-owned NPA and the part-owned Securency were involved in a conspiracy to bribe public officials at foreign banks in trying to secure contracts to make plastic banknotes. But ABC Television reported on Tuesday then NPA company secretary Brian Hood detailed corruption concerns in the mid-2007 memo to then RBA deputy governor Ric Battellino. Greens banking spokesman Adam Bandt said he would move for the establishment of a full independent inquiry into the banknote bribery scandal. "The inquiry should have the powers of a royal...
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  • doyla66
    doyla66 says #
    The Greens want a royal commission into the RBA. Can't we add the Bank fraud loans in as well, or does the RBA atter and Loan fra
  • doyla66
    doyla66 says #
    Well, that's politics.
  • doyla66
    doyla66 says #
    So Mr Bandt wants to focus the RC on this? Ummm - I thought there was much bigger picture of banking fraud being perpetrated than
  • doyla66
    doyla66 says #
    Royal-Commission = RBA lost paltry few $m -v- Bank Fraud_loans $50b>$100b = ummm Royal Commission? Why? Come again????
  • doyla66
    doyla66 says #
    Check this one out along with a post I did (about two or three posts ago), where the CFO pleaded guilty and then spilt the beans s
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  AAP August 25, 2012 1:22PM THE chair of a parliamentary committee says the bribery scandals at the Reserve Bank's two banknote-making companies could prompt the government to establish an anti-corruption body for federal agencies. Allegations were raised again in the past week about the bank's wholly owned subsidiaries Note Printing Australia and the part-owned Securency, where staff bribed foreign officials to gain contracts. Labor MP Melissa Parke, chairwoman of the joint Australian Commission for Law Enforcement Integrity committee, said the government should canvass the option of creating a national anti-corruption body for commonwealth agencies. "The recent revelations concerning the RBA have laid bare the gaping hole in the oversight of the commonwealth public sector," Ms Parke told ABC radio on Saturday. RBA governor Glenn Stevens told a parliamentary economics committee on Friday that there had been "no cover-up". In a prepared statement, Mr Stevens defended the central bank's dealings on the issue,...
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  • doyla66
    doyla66 says #
    Thanks to all for understanding on where I was going with my blog. I send lots stuff to the Herald and other papers. But so far no
  • doyla66
    doyla66 says #
    I agree with you, Blackedout. Human beings have taken a back seat to fish and trees. Time we spoke out and suggested that they got
  • doyla66
    doyla66 says #
    I have email Melissa Parke on the low doc con. Her response was that she didn't feel there was systematic problems in the banking
  • doyla66
    doyla66 says #
    I read that about the trawler & protest in Fremantle Herald today. Given that it has been known about since 2008, you have to ques
  • doyla66
    doyla66 says #
    Yes - really good idea Similar observation ... pollies looking for a safe pre-election cause to define their relevance? ... or l
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