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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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Pls Call Denise: 0401 642 344 

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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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Profile: Greg Medcraft DateAugust 10, 2011 SMH Read later The new ASIC chairman attributes his outstanding success to a can-do attitude. If Greg Medcraft's track record is anything to go by, the Australian Securities and Investments Commission is in for a shake-up. During his lengthy investment banking career, Medcraft notched up a string of firsts in Australia, Paris and New York. ''I built a reputation for doing deals that other people thought were too hard,'' says Medcraft, 55, who took over as ASIC chairman from lawyer Tony D'Aloisio in May, after 27 years with French banking giant Societe Generale. Those deals included putting together the first securitisation of non-mortgage assets outside the US in the late 1980s and the first securitisation of a credit card portfolio outside the US in the early 1990s. ''It's actually about getting things done, a bit of a can-do attitude and innovation,'' says Medcraft, who rose...
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  • doyla66
    doyla66 says #
    Medcraft has certainly done some deals with the banks in Australia to allow them to escape from prosecution. Very well thought ou
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