DID YOU SIGN BLANK PAGES FOR LAF?

DEALING WITH THE NEW FOS IN PILOT MODE - whether your case is open or closed... you need to read this Inbox x members@bfcsa.com.au 23:45 (16 hours ago) to Hi Members – whether your FOS cases are open or closed – you need to read this………………………………….and start writing!!!! If the question is asked “did you sign blank form” IT’S A TRICK question. The Bank Lawyers want you to say yes due to a called called Longobardi Think back. Very few would ever sign a blank form. Most only saw 3 pages not an 11 page document called a LAF………………… You signed to say you read and understood everything yet only saw 3 pages and all other pages were added after you signed and without your knowledge….this was what BDM’s taught the Brokers It occurred with all banks/lenders in all states – this was regular standard practice…………………that is the scam. I cannot tell you to lie…..nor am I suggesting that………………… I want you to think long and hard on that question…………………………….The Brokers were taught to fill in first of three pages – perhaps four – front page with name and address etc – then present 2-3 other pages whereby signature required. In a room of 66 people I asked for show of hands to people I was meeting for first time. All raised their hand to say YES 3 pages remembered. No one raised hand to say I remember 11 pages………………………… TV Camera’s were rolling………………………………….. Brokers have admitted to me YES we were told to ask signatures on only the pages required – go back to the office and work out the income on the computer – no those pages needed no signature. NO client never sees those pages. Its a disgraceful crime scene. Longobardi is the only case where this question was asked by bank lawyers. She said “I must have signed a blank form….YES” Judge then said your fault…bank won the case. She had a dumb lawyer. FOS and the bank lawyers are trying on the same things. If you are “not the sort of person to sign blank forms” then tell them……………………… Remember the plot was for YOU NEVER TO SEE THE LAF – EVER !!…………………………. Next trick from FOS “bank expert” seconded from bank….. FOS now telling Case Managers to put nothing in writing and ring and ask questions MY ADVICE TO PROTECT YOUR INTERESTS Dear Case Manager: "we do not give you (FOS) permission to phone me.............................everything must be in writing Any questions I must be given time to think and read and answer correctly. I am not on trial here, I am the complainant. You are welcome to email me anytime as the main line of communication. If there is a mediation, I want to have someone I choose beside me that’s on my side." In some cases (not a complex mess) and for small fee, I am prepared to go to the mediation conference (via phone hook up) with you. We are also behind the scenes trying to negate the problem THE ARGUMENT OF AGENCY read SCHMIDT (Vic) www.austlii.edu.au FOS are not taking the lead of the court and are cherry picking cases. We are also disturbed that without any warning FOS created a PILOT PROGRAM – discovered by Gladys – our intrepid researcher. You are all being guinea pigs in a fast track system due to the 15,000 mortgage home loan complaints per year FOS is now swamped with. Please please read my blogs online – most of the new info is there. www.bfcsa.com.au FOS have cut out recommendations and panel of review. Again, DO NOT speak to Case Manager on the phone as then the trick questions that are loaded can be answered and you have no idea what is being written down on your file!!!! THIS IS A CRIME SCENE so we expected that the more cases coming forward the more FOS would have problems. They have also suffered high turnover of case managers who cannot stomach what is going on, I would suggest. WE WANT A ROYAL COMMISSION INTO BANKS so write to your State and Federal MP and tell them why there has to be a FEDERAL ROYAL COMMISSION INTO BANKS and why State MP’s must lobby for funding from their Attorneys- General to have cases re-opened and properly funded. IN THE PUBLIC INTEREST! And why there has to be A DEDICATED FEDERAL CONSUMER PROTECTION BUREAU – that ASIC cannot be permitted to deal with consumer complaints……..because since 2002 ASIC and ABOS (FOS) knew of maladministration in lending by major banks was a problem and have engaged in active cover-up processing. The latest PILOT program is a covert disgrace. Please write to Nick Xenophon……………………………..INDEPENDANT The Banks are the agent of the banks 1. PAID BY THE BANKS 2. SCHMIDT CASE – Judge agreed that Broker was agent of Bank 3. VANDENBERGH (WA ditto) 4. FOS not taking the lead of the courts. They are cherry picking outcomes that favour the Banks. BFCSA has files of proof. 5. FOS OPERATING A COVERT PILOT PROGRAM to give take it or leave it decision with victim having no right of reply……………………………………. 6. Under PILOT PROGRAM Ombudsman’s Determination are saying YES Maladministration found but then $5, 000 reduction offered, take it or leave it – 30 days yes/no and FOS will then close your file. 7. Ombudsman has been captured by the Banks. 8. WHY is Broker the agent? Bank owes duty of Identification under ANTI MONEY LAUNDERING and COUNTER TERRORISM FINANCING ACT 2001 a. Bank passed on that statutory obligation to Broker – therefore Broker is the paid agent of the Bank b. Bank also insisted that an IDENTIFICATION VERIFICATION STAT DEC be signed by Broker to again satisfy the Banks Statutory Obligations. We are now seeking funding for a fresh case under public interest, in each state of Australia, funded by State A-G’s and we will be demanding publicly that FOS re-open all Determinations carried out with no right of reply in the PILOT PROGRAM The battle has just begun and the Pilot Program shows how desperate FOS and the Banks are getting to dream up that one. No right of Reply? An Inquisition with a guaranteed get out of jail free card for Bankers? YOU HAVE THE POWER – you are a collective group that do not know each other – now I hope you all understand why I protected that power. Yet we have amassed the greatest collection of evidence……..and we will be using it!!! Bank on It! Kind regards, Denise L Brailey President of BFCSA (Inc) Banking and Finance Consumers Support Association (Inc) www.bfcsa.com.au denise@bfcsa.com.au Mob: 0401 642 344 Ph: 08 9631 1488