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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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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 kevin rudd
What did KEVIN 09 SIGN?    Look what happens when decent people pool their limited resources and fight back.  Kevin Rudd omitted to send out one particular and vital memo to his colleagues.  The Rudd factor is not about political correctness or personality clashes.  That would be far too simple an explanation.  Did he cause Australia to become entrenched in the Global Financial Crisis?  Was Kevin simply being Just Kev?    So what did the Prime Minister SIGN back in 09?   Hmmmmm.  We know. But was Rudd the cause of the looming catastrophe or did he inherit a diabolical Bankster Scam that had been running rampant in Australia for several years prior to the GFC?  Was ASIC just following the Nuremberg line?  We wuz just following orders?  Whose orders? Lots more to come.............................all the little ducks are flying in a row and its all so simple really.  Truth always is....
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  • doyla66
    doyla66 says #
    Australian needs to split retail banking from trading banking YESTERDAY. It really is that urgent IMHO. There is no other simple
  • doyla66
    doyla66 says #
    "to the Australian Prudential Regulation Authority (APRA) that it grab creditors’ funds, including deposits, to prop up a failing
  • doyla66
    doyla66 says #
    I don't know who is selling our assetts to overseas but in the last couple of years 4 farms have been purchased by an overseas con
  • doyla66
    doyla66 says #
    Wow, I like many others would not know what legisation is being passed within the political circles. Without the CEC they could be
  • doyla66
    doyla66 says #
    WOW.. ..."More details of the Cyprus bank bail-in were released early Monday and showed that the largest depositors in Cypriot ba
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Pat McConnell
Justice Steven J. Rares was blunt when he handed down his judgement in the long-running class action, Wingecarribee Shire Council vs. Lehman Brothers Australia, last week. Grange Securities, a subsidiary of Lehman Brothers, had engaged in “misleading and deceptive behaviour” in promoting sub-prime derivatives…Author Pat McConnell Honorary Fellow, Macquarie University Applied Finance Centre at Macquarie University Disclosure Statement Pat McConnell does not work for, consult to, own shares in or receive funding from any company or organisation that would benefit from this article, and has no relevant affiliations. The Conversation provides independent analysis and commentary from academics and researchers. We are funded by CSIRO, Melbourne, Monash, RMIT, UTS, UWA, Canberra, CDU, Deakin, Flinders, Griffith, La Trobe, Murdoch, QUT, Swinburne, UniSA, UTAS, UWS and VU. Articles by This Author 18 September 2012 Protecting taxpayers from systemic risk should be at the heart of APRA changes 13 September 2012 Debunking the myth of...
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  • doyla66
    doyla66 says #
    Do financial planners need more education about financial products and/or is there a requirement for them to have continuing profe
  • doyla66
    doyla66 says #
    Judge Rakoff: "regulator's policy of settling by allowing[banks]to neither admit nor deny allegations “did not satisfy the law”. H
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BY GUY GOLDRICK BANKWEST CLASS ACTION GROUP   02 Dec, 2011 04:00 AM   AN article in Queensland Country Life reported that Bankwest had called in receivers on the properties owned by Richmond Mayor John Wharton. He is not alone so much so that I have formed a class action group over of Bankwest's actions since they were bought out by CBA. The outcome is many hard working Australian families and businesses have lost everything because of the corporate greed of CBA and the need to be seen to be doing the right thing by the Government. I would put losses by these families and business at over half a billion dollars. We believe there have been backroom deals done between the Government and the CBA on this. The huge winners have been CBA and the receivers who feed off the carcasses of the Australian families and businesses that CBA/Bankwest has...
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  • doyla66
    doyla66 says #
    "Graham Samuel has said since that he felt "pressured" to sign off the acquisition." A big gaping question needs to be asked at t
  • doyla66
    doyla66 says #
    HBOS - Proof of Mortgage fraud based in England by brokers Neighbouring Halifax and Lloyds TSB branches outside Crossgates Shopp
  • doyla66
    doyla66 says #
    "Several members of Quayside's staff had criminal records for embezzlement". I wonder what we would find amongst the staff of our
  • Denise
    Denise says #
    I spoke with Guy this week. The situation regarding Bankwest and the sale of Bankwest to CBA has stirred up some very muddy water
  • doyla66
    doyla66 says #
    They definitely will make more progress working together and will make more impact on the media and the government if they do go t
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Posted by on in Bankers A Law Unto Themselves
Often when you tell people your story and plight with the banks or to the media- they comment - but you signed the papers. My next question to them is - so you think it is okay that fraud has been committed and that the Banks are profiting from it? Are you saying that the banks are above the law and should not be accountable to the rules set by the law of this country.  No matter which way you look at it - a crime has been commited and it needs to be investigated. Isn't that why we have laws for?  Crime is crime. No sugar coating of it or exceptions. When put that way to most people - they understand better and agree - if fraud has been committed - it needs to be investigated. So if you speak to the media - make sure you ask that question. Remain focused...
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  • doyla66
    doyla66 says #
    I am interested!
  • doyla66
    doyla66 says #
    Based on what I've read about the other political options this is probably a good time to kick off a new party. Who is the brillia
  • Denise
    Denise says #
    Hands up those who wish to be part of new party? We have a brilliant leader, an exciting name. I cannot be leader as it would de
  • doyla66
    doyla66 says #
    http://www.bfcsa.com.au/index.php/entry/bfcsa-demands-to-federal-government
  • doyla66
    doyla66 says #
    We should call for a Suspension of Normal Business in the House, and possibly a joint sitting to attend to the crime and corruptio
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