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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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So bankers don't understand how finance works?    Combine that with Murray not understanding how criminal service calculators and rigged computers work.......?  But Hockey chose him because he was a Banking Engineer.   Murray's work to shape our financial world for years to come Banking and Finance Date December 5, 2014 Clancy Yeates http://www.smh.com.au/business/banking-and-finance/murrays-work-to-shape-our-financial-world-for-years-to-come-20141204-12043d.html   What you need to know about the Murray inquiry If history is any guide, David Murray's financial system inquiry will shape the landscape of banking, superannuation and insurance for years to come.  Its final report, to be published on Sunday, follows in the footsteps of inquiries that have had profound legacies for consumers, businesses and the entire economy. The 1981 Campbell inquiry paved the way for a wave of deregulation, and the 1997 Wallis inquiry recommended Australia's modern system of market and banking regulation.There have been seismic shifts in finance since Wallis: a six-fold rise in the $1.9 trillion superannuation pool, a...
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