David's Story:
Denise I am still although I have managed to beat 2 Banks very, very, very angry at the crappy and criminal process that sees two major banks found guilty of the same fraud and yet it is watered down to the lesser issue of maladministration. We all I feel sure now what maladministration means in real terms "Yes Fraud" and yet it is punished with concessions it is a farcical joke but we had to accept the offer as they knew we would because we were completely broke by the time the pathetic Determination was handed down.
FOS are simply the Bank's bully boys. COSL defend the Brokers but do not explain its the Bank Calculators that automatically fudge the incomes and we did not realise that until joining BFCSA. When I first learned of all this, I had a hard time believing our Government knew what was going on. They all make money by stealing our assets. Banks are getting away with grand theft.
We needed that offering just to survive and FOS know that. FOS stated they firmly believed the falsified figures were placed on our paperwork by the Broker and refused to see the fraud is intentionally perpetrated via the bankers' calculators. COSL would not entertain there should be any blame come against the Broker and said it was all our doing and threw the case out.
What sort of resolution system do we have when the 2 powers contradict each other and still leave the victim as the victim?
David's story continues determined now to expose this Banking Cartel:
I have and I think most others who have worked tirelessly on their own cases, demanding hidden documents and at times we do give up hope of any government agencies or industry police doing the right thing and exposing this banking cartel like fraudulent master plan to strip us honest hard working people of our hard earned assets and little bit of wealth. There are too many people in high places that stand to fall if this is exposed,.
I have had many high profile journalists interview me, come to my home and film me. ring me for radio interviews and ask for the rights to publish our story in newspapers and that has all fallen flat because there is too much hush money or incentives for this to be covered up. The only way for this to ever get the fairness of hearing and the result it deserves is to have a no holds barred Royal Commission into the entire Banking and Finance Industries.
Let me guess Denise there is always opposition from some high ranking politician or a group of politicians that will always steer away from a far reaching Royal Commission because of cost or time limitations on the claims, but that is all rubbish this has been an ongoing unwaining issue now for many years. As we gather support from Senators they are suddenly moved on, hushed, retired or simply exposed to be of extremist views and disregarded as of serious consideration. For thirty years no-one has been scrutinizing or questioning the Bankers. Why?
Everyone that is guilty tied up in this fiasco has done an awesome job of watering down what has taken place and pointing the finger back at inexperienced or plain stupid investors causing their own problems, we were not the ones holding the poison pens, that was done by the same people that are happy to take Maladministration instead of the much more serious "CRIME" of "FRAUD" these would be the same people that would be happy to "MURDER" us happy to take "MANSLAUGHTER" as the charge.
Crooks are crooks, there is no two ways about premeditated crime, it is a long time in the making, extremely well planned and as with this one there is always the fall guy, bunny or air tight alibi. Our Banks knew exactly their aim and mission long before we learned of the consequences we were all about to face - just for trying to set up our own futures.
ED: To treat a $300 billion criminal activity as a dispute is a cover up! The Bank biased FOS system needs to be demolished.
Banks blame brokers and consumers and meanwhile the game plays on. Brokers are correct when they say "we did not pluck income figures out of thin air. Yes we know. Brokers have to use compulsory bank amortization calculators to create "projected" incomes, but Borrowers have no idea Brokers are made to do this by the Banks. Its a dastardly bank crime.
Yes criminal activity by Greedy Bank CEO's on a massive scale. When victims call out and ask for support they are getting angry and fighting back. They know the banks refuse to hand over the service calculator form which is "attached" to their LAF, yet banks and FOS say: @we cannot give you this document (with fudged incomes) as it is "commercially sensitive"
That's why ROYAL COMMISSION is critical for the truth to emerge and to safeguard the economy. denise@bfcsa.com.au