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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 Senate Inquiry - Senator Bishop
For Consumers dealing with ASIC, its fraught with TENSIONS AND FRUSTRATIONS.  Senators exasperated by the same mumbo jumbo from ASIC luminaries.  Our Members have all been down that road!!!!  ASIC has no idea what "critical risk" is in relation to consumers.  It will protect our wretched and deceitful Bankers at any cost.   COST of ASIC's do nothing approach being $400 million per annum.........................great protection racket!   Is it any wonder that ASIC is now the subject of the Senate Inquiry into the regulators own nefarious activities.    This email address is being protected from spambots. You need JavaScript enabled to view it. CBA faces broader compensation payouts at ASIC inquiry BusinessBanking and Finance June 6, 2014 Adele Ferguson   In another twist in the Commonwealth Bank financial planning scandal, Senator Mark Bishop asked the corporate regulator to consider imposing further conditions on the bank's licences to force it to broaden the compensation program to the customers of financial advisers who had been identified as a ''critical'' risk...
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