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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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Message for Sir Ralph:  Banks that make profits from cheating, from fraud and forgery, from fake ABN numbers, from electronically engineered service calculators designed to FUDGE INCOME FIGURES and cheat older Mums and Dads out of their homes or life savings - that is not profit Mr Norris and now Mr Narev and Messrs Clyne & Murray - that's criminal behaviour and needs wide ranging ROYAL COMMISSION INTO BANKS AND BANKERS, especially those who retired with obscene fat bonuses payments for flogging and manufacturing LOW DOC LOANs and fraudulent investment plans..   The public are sick of criminal banking activity against retirees and pensioners. These financial products that are toxic and have boosted today's profits to $30 billion per annum for the four major banks should be WITHDRAWN FROM SALE. How does losing ones home (say 200,000 families re $100 billion of toxic loans) assist our economy?  The implosion will be...
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Continue reading Ian Narev must show he won’t let planners crisis go to waste by:John Durie From:The Australian June 28, 2014 THE old adage says you should never waste a good crisis and the question being asked is whether that is exactly what CBA chief Ian Narev is doing with his financial planner crisis.   Narev yesterday sent an email to staff saying, “As I’m sure you do, I feel very disturbed by the actions of those advisers, and the resulting impact on our customers, even though the events happened years ago.’’  Finance Minister Matthias Cormann takes the same attitude, arguing in response to a question from this column that the industry has changed and the rules were now in place even after his FoFA changes, which lower the bar for the big banks.  “The events investigated by the Senate committee happened sometime in the past, incidentally over the period of the previous...
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Ghosts of the Past will come back to haunt you Mr Narev - thousands of them........................BANK ON IT!  This email address is being protected from spambots. You need JavaScript enabled to view it. Another disturbing account from an elderly couple whom have signed our petition :- The Com Bank took our home, the committed Unconscionable Lending & are sweeping it under the mat...they stitched us up for $70.000 on top of the home loan, knowing we were on a pension & couldn't pay $2000 pm on a $330.000 loan..Mr Ian Narev..CEO of Com Bank you have no conscience. You ignore all my faxes & emails...I'm treated disgustingly when I ring the Customer calls get terminated promised us in writing $8000 for 6mths rent in advance after u took our home of took our payout, long service money & our super...all went into trying to save our home & you still took it, now because I pay my whole pension in rent, we...
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  • doyla66
    doyla66 says #
    It's sad knowing this. Well, i would say having a full knowledge of your rights would be a complete weapon.
  • doyla66
    doyla66 says #
    Hi Peter and Anne, I was wondering if you have signed our petition. Please don't forget to add the reason why you are signing and
  • doyla66
    doyla66 says #
    Mr Narev and your co do any of you sleep at night. Do you have a modicum of conscience amongst y
  • doyla66
    doyla66 says #
    Please excuse my expression but Ian Narev is a pig of a man judging from the cruel treatment of his costomers. i have heard many
  • doyla66
    doyla66 says #
    Ian Narev could not give two hoots about anyone thrown out into the street. All he cares about is how much money he can make swind
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