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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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BFCSA Blog

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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Bit of historical value from Gladys.  We like our readers to be fully informed  This email address is being protected from spambots. You need JavaScript enabled to view it. http://www.fxweek.com/fx-week/news/1546707/lehman-gains-cba-split Lehman gains from CBA split Source: FX Week | 17 Dec 2007 Categories: Accounting, People SYDNEY - The Commonwealth Bank of Australia's (CBA) decision to split its global markets and treasury business is playing into the hands of local competitors Lehman Brothers and the National Australia Bank. Marten Touw, previously head of global markets and treasury at CBA in Sydney, began a new role as head of fixed income at Lehman Brothers Australia on December 3. He reports to Ben Harding, chief operating officer in Sydney, and Hyung Lee, head of fixed income for Asia-Pacific in Tokyo. Vincent Hau, previously Sydney-based general manager of products and training in CBA's global markets and treasury division, also jumped ship to Lehman in the first week of December. Hau is now Lehman's head of liquid markets, Australia, which...
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Ralph Norris denies CBA conspiracy to defraud, calls advisers ‘rogue people’ PUBLISHED: 14 HOURS 32 MINUTES AGO | UPDATE: 3 HOURS 22 MINUTES AGO SHARE LINKS:email inShare     Ralph Norris says ‘large organisations are always at risk of having these sorts of things happen . . . Certainly there is no way this is some form of conspiracy. It is just some deceitful people did some things that they should not have done.  Photo: Michel O Sullivan JAMIE FREED AND JAMES EYERS  Australian Financial Review Former Commonwealth Bank of Australia chief executive Ralph Norris has labelled the advisers involved in the bank’s financial planning scandal as “rogue people” and denied any conspiracy to defraud customers. Mr Norris – who ran CBA between 2005 and 2011, during which time the misconduct identified by a series of reports by Fairfax Media and a Senate committee report occurred – admitted to being aware of “some of the problems”...
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