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TO ALL CONSUMERS OF BANK PRODUCTS
Denise L Brailey,
2019 will be the year of exposure of Australian Major Banks to the chaos they have caused to at least 4 million of people. CEO's of Major Banks conspired with the Howard Government in 1996, to permits sub prime lending to become a massive money making machine where banks win, consumers lose the homes they once owned. Hockey set up the Regulator to blame the sellers, who had no idea what the fraud was. Banks then LIED to say "only 1% of the loan books are LOW DOCS or SUB-PRIME or Interest Only." (Same product).
If that was true then how is it that an army of 100,000 sellers were trained to fill in a form and submit that form to the bank. The internal robotic form known as a the Tracker manipulated intentionally the scant incoming data and then the original form was destroyed. Banks years later LIED to parliament saying the original wet ink documents have all gone missing! The Bank also used "e" signatures on stat dec's unknown to the customer.
Banks used a selling spiel focused on negative gearing, where most victims would gain no advantage at all. Everything was a LIE. The Ponzi financing Sub Prime loans would pass all the RISK of this poisonous doomed product onto the Mum's and Dads whose fully owned HOMES were the object of the Bank's affections. Shareholders, Borrowers and Sellers have been blissfully unaware of these crimes. The Turnbull creation of the "short and sweet" Royal Commission will be famous for what it did not examine! For the witnesses with hard evidence who were never called on for evidence.
Australia now has the greatest property bubble this nation has ever experienced.
The key indicators of this massive fraud, were staring us in the face:
1. Borrowers no longer permitted to fill in their own forms, no copies received, only 3 pages signed (not 1 pages of Loan APP).
2. Robotic approval to create unaffordable loans.
3. Young people cut out from ever owning their own home
5. High turnover of Sellers of this one product
6. Capture of the Regulators
7. Rise and rise of property prices to extreme heights.
8. Evidence of Criminal Cartel activity, Criminal Ponzi financing
9. High turnover of sellers.
10. Bankers and Regulators lying to Parliament on a regular basis amid the need from consumers to call for 26 Inquiries to lead to calls for proper Royal Commission.
CONSUMERS of BANK PRODUCTS are BEING RIPPED OFF
The Property Bubble will burst.
Please sign this Change.Org Petition for the sake of future generations, that in this point in time 2019: WE CARED about what happens next.
FRAUD in BANKING is RIFE and out of control.
Learn More: Our membership to BFCSA costs $1 per week. Yet YOU could be ripped off by bankers and lose $200,000
Do you wish to know more of this Scandal, then join us, or support our efforts with a modest donation.
Hit the Membership button above "under the banner top of page, see the row of buttons."
Then: Pay $60 annual subscription ($100 per couple) bank transfer to BFCSA account
Next: email denise@bfcsa.com.au
Receive your instructions and demand your files and start digging.
I run a daily Q & A service on cases, daily, for Members Only
Denise