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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 Minister Matthias Cormann
http://www.theaustralian.com.au/business/opinion/ian-narev-must-show-he-wont-let-planners-crisis-go-to-waste/story-e6frg9io-1226969443463 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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