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What BFCSA Does...

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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The IMF Says Australia's Big 4 Get A Huge Government Subsidy And Need More Capital GREG MCKENNA APR 1 2014, 7:20 AM  BOOKMARK    24 A day after the first round of submissions were due to be given to the Murray Financial System inquiry comes a report from the IMF saying that banks which are deemed too-big-too-fail benefit from the implicit Government support that this status conveys. In the Australian context this means Australia’s major banks, (aka the Big 4 – ANZ, Commonwealth, NAB and Westpac) which Australia’s banking regulator, APRA, has already nominated as Domestic Systemically Important Banks (D-Sibs). While they don’t say how much the subsidy is worth, in Australia the IMF quantifies the value of the subsidy as “$70 billion in the United States, and up to $300 billion in the euro area”. If the Australian economy is about 11 times smaller than the economy of the United States, and most likely...
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