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BFCSA
MORTGAGE
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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 Prime Minister Abbott
Its seems Federal Treasurer and Finance Minister Cormann were too quick to say NO to Royal Commission into Banking.  The simple answer ought to have been YES.  Now the warranted mistrust and lack of confidence in Banker Elites and their captured mates at the Australian Securities and Investment Commission ("ASIC") and the Australian Prudential Regulatory Authority ("APRA") has rubbed off onto the Government itself....all because of a three letter word: NO! The Treasurer should have known better to defend too quickly, the indefensible conduct of Bankers under the self-regulation regime for privileged Bankers who preyed on the under privileged and put profits before people.  No matter who is to blame, this problem must be exposed and severely dealt with.  We cannot stand by and see $10 million bonuses per person to those who ran amok leaving clients in financial ruin and without homes.  How does that help the economy.  The Bankers...
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Australian Securities and Investment Commission ("ASIC"), our criminal Federal Corporate Cops had known that Major Banks were selling Low Doc Loans to Pensioners back in 2002 - 2005. They attended bank events, as I did, whereby even the Treasurer attended saying "look for new markets....ASSET RICH INCOME POOR ("ARIPs") = PENSIONERS.  I was front row for that gem!!!! ASIC are blatantly misleading Parliament and the Prime Minister and Joe Hockey Fed Treasurer are allowing ASIC to get away with these crimes against consumers of financial products and services. When is ENOUGH IS ENOUGH?  When do we as a nation, get to the point of saying: Action is necessary to clean yup the Banking & dodgy finance Industry?   The Chair of the Senate Inquiry into ASIC a valid question of me:  "Why didn't the respected Consumer Groups discover what you are saying?" Indeed.....Senator Bishop could see what was happening.....then along comes James...
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  • doyla66
    doyla66 says #
    "There comes a point you have to stop pulling people out of the river, get upstream and find out why they're falling in." - Desmon
  • doyla66
    doyla66 says #
    Yes should prove interesting reading and a good few pe-fabrications just might be picked up in those submissions knowing all we no
  • doyla66
    doyla66 says #
    If you Google Financial Inquiry submissions you will get an index of nearly 250 submission including a lengthy one from our esteem
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Dear members Its not long now before our day will come and we get to face the men responsible or should it be the irresponsible men who were supposed to be our protector and watchdog by making sure no consumer was taken advantage of. As Medcraft and Kell were first and second in charge they have,to take full responsibility for ASIC's failings over the last few years. Its unfortunate that Denise will have a time limit to get across as much information that's humanly possible in the one hour allocated. I'm sure Greggies minions have been devouring every bit of information concerning BFCSA from individual Senate submissions to blogs that get posted on this site. If and when Greggy takes the stand he will be well rehearsed in what the likely questions will be, his body language will be a give away though. He is one of these people who...
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  • doyla66
    doyla66 says #
    I agree - I suspect they are indeed all spooked Neil for surely they must realise we are not stupid enough to reveal all of our se
  • doyla66
    doyla66 says #
    Be Happy everyone. Like Ali and me live each day and enjoy it. You only live once. Don't panic about the things that you may los
  • doyla66
    doyla66 says #
    Danielle, I think the Senate hearings have ASIC, FOS and COSL spooked and they are trying to fast track their work load to try and
  • doyla66
    doyla66 says #
    I know what you mean about being scared of loosing everything. My days are also consumed every hour of every day working out in m
  • doyla66
    doyla66 says #
    Gfs and everyone else, we have also been playing this charade for over seven years. Its exactly one year ago that we thought we ha
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We are all good Australians who have worked hard to build our country and live good law-abiding lives.  We have all made many sacrifices along the way with the aim of owning our own home and rearing good children and instilling into them all needed for them to become good solid law-abiding Australian citizens as we are.  Not one of us ever expected nor deserved to be treated like imbeciles yet that is exactly what has happened and is still happening. The authorised dream stealer called ASIC has ruined everything and is responsible for the theft of our homes, our life savings, our superannuation and in many cases our health and our sanity and not just for our generation who thus far have had to bear the brunt of their incompetence but for future generations who are the ones who will be responsible for dealing with all the home truths of...
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  • doyla66
    doyla66 says #
    Have you yet had a call from our PM Denise? He can hardly say he is afraid to deal with thugs after calling for a Royal Commissio
  • doyla66
    doyla66 says #
    I think the current government is not happy with Medcraft, Kell et al. They did querie Medcraft's appoinmtnet when in opposition a
  • doyla66
    doyla66 says #
    Time to round up and behead all those slithering red bellied black snakes and entomb them in a metal time capsule below the Arctic
  • doyla66
    doyla66 says #
    Medcraft and Kell live in public service land, they know best and no matter how much facts you present them they will not change t
  • doyla66
    doyla66 says #
    Like i have said before many times, i'm sure they all know what's going on. Why else has everybody ignored our letters. We, as a g
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What is going on with our leaders?  Either PM Abbott or Treasurer Joe  Hockey have lost the plot or they are both best mates with the Bankers. The appointment of David Murray AO and ($50 million bonus packs from CBA for "job well done") cannot be tolerated by any citizen, even those not affected by the need for an INQUIRY INTO OUR FINANCIAL SYSTEM."  This "Son of Wallis" must be making Mr Wallis choke with embarrassment.  The arrogance of Murray shows through in that he accepted the appointment.  Had he enjoyed a modicum of decency he would have graciously declined, somewhat bemused.  Mr Wallis had a powerful presence of integrity. Mr Murray does not. The very reason we have lobbied for all these inquires (15 to date) is due to the aggrieved being thrown out into the streets because of the likes of David Murray.  Many BFCSA victims are suffering because...
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  • doyla66
    doyla66 says #
    I would think Joe's mum-in-law, Mrs Babbage, would have something to say about Joe's appointment of David Murray. Maybe Mr Murray
  • doyla66
    doyla66 says #
    Would David Murray have CBA Shares?? Not good to much of and interest if this is so.!!!!!
  • doyla66
    doyla66 says #
    David Murray taking this position is just defying logic. An ex Banker reviewing Banks. Something not quite right here. What woul
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Dear Mr Hockey,  Congratulations on your new role as Federal Treasurer.  In 2010, and again in 2012, you did promise a "Roots and Branch" Inquiry into the BANKING SECTOR, and we are ready to deliver the evidence members have amassed since 2008.  I can personally assure you that all our members have been waiting for this moment to arrive.  We simply need the date due to the urgency of cases.  We also ask for a freeze on all mortgages pending the outcome of the INDEPENDENT INQUIRY. I can also assure you the roots spread underground in a far wider pattern than the above ground branches show.  This is an urgent plea for all Australians with toxic mortgages who are currently battling these devious bankers.  All we ask for is a wide Terms of Reference and a fair go! Kind Regards   Denise L Brailey   President of BFCSA (Inc) Banking and...
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  • doyla66
    doyla66 says #
    Agree. Mr Hockey, congratulations on getting in. We're so looking forward to your announcement of this vital inquiry. Not just for
  • doyla66
    doyla66 says #
    Dear Mr Hockey, First and foremost, I would like to congratulate you on your recent success in the Federal Elections. My partner a
  • doyla66
    doyla66 says #
    my letter is ready to be posted. We have waited a long time for this Mr Hockey
  • doyla66
    doyla66 says #
    Dear Mr Hockey, Your promised "Roots and Branch" enquiry into the Banking Sector is sorely needed. We are all aware that Austral
  • doyla66
    doyla66 says #
    Dear Mr. Hockey, My husband and I are in total agreement with Denise. For nearly 4 years we have battled the Nab's devious and so
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