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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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The three sister regulators are hopelessly politicized and useless.  APRA did not realise toxicity existed in RMBS Packages until we suggested as such in 2012 Parliamentary Senate Inquiry into Banking.  "Government cannot, ought not to profit from fraud."  Pretty basic stuff.  Groups telling APRA of fraudulent conduct complaints re TRIO Capital.  APRA says: "huh...please explain.....we are bit thick but we will redraft...."  and on it goes proving the high level of regulatory inertia (or corruption) in this country.    Its going to be an ugly consumer war indeed as the aggrieved will not stand for this nonsense, nor the regulatory clap trap for much longer.  Someone in Government has to take control of these Banks and Super Funds instead of the "tail wagging the DOG!!!!" Instead of watering down consumer protection laws, Joe Hockey and Mathias Cormann would do well to throw the bucket at the Banks! This email address is being protected from spambots. You need JavaScript enabled to view it. http://www.financialobserver.com.au/articles/legal-issues-finance-delay-trio-distribution Legal issues, finance delay Trio...
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