Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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Transcript of Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
1/178
1 | P a g e
Supportive Residents & Carers Action Group IncRegistered with the
Justice Department of Victoria, Consumer Affairs Victoria
Whistleblower Protection Support GroupMembers registered with the US SEC Office of the WhistleblowerTel 03 9420 9611
Dear Sir,
Australians want a Royal Commission in the banks and their regulators as ASIC tells us that payoffs to foreign
officials is ok, pro Liberal Party Alan Jones asks Mathias Cormann if he s in the bankers pocket, and the CBA
Westpac & NAB lied in 08 by forgetting to say they pledged assets to the US Fed Reserve. Now ASIC advised us
that 80 files of fraud and forgeries by banks will not be investigated. You might like to add all the facebook
complaints when you assess what voters want.
Petitioning Mr David Murray Chairman of the
Financial System Inquiry
ROYAL COMMISSION into Australian Banks, the
Regulators ASIC, APRA and all subsidiaries and
joint partners
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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2 | P a g e
Supporters
Reasons for signing
Most Popular
Latest
Liam McAleenan AUSTRALIA
about 1 month ago
Liked 9
I win my case agents the cba for maladministration in leading but FOS are letting then sale I'm
bock,
joel cannan AUSTRALIA
about 1 month ago
Liked 9
To stop the banks from not being accountable for their actions
Peter Hill HOPETOUN, AUSTRALIA
about 1 month ago
Liked 8
It's corrupt dodging loans on generated software
John Davey HEATHRIDGE 6027, AUSTRALIA
about 1 month ago
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
3/178
3 | P a g e
Liked 8
I'm close to losing everything I had built over 40 years of hard work because the bank didn't include
all of my monthly costs (including Credit card from that bank) when allowing me a loan for $1.5 million.
Without tax records, with only a letter from my agent in Jersey Islands that may have been "DOCTORED
BY THE BANK". My wife and I are now struggling financially and personally.
John Crundwell TOWNSVILLE CITY, AUSTRALIA
about 1 month ago
Liked 7
Suffered first hand at the immoral and illegal ways of CBA
Sandra Grainer WHITE ROCK, AUSTRALIA
about 1 month ago
Like
7
The Banks having been getting away with "CRIMINAL BEHAVIOUR" for far too long and it is time to
bring them under control for the sake of all Australians. If we fail, our future will be very much
threatened. My wife and I are both victims of Low Doc Loans.
jen cox AUSTRALIA
about 1 month ago
Like
7
struggling to live and hold onto our home
jen cox AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
4/178
4 | P a g e
about 1 month ago
Like
7
i am a victim of this...its affected our life for 7 yrs
Maggie McGowan AUSTRALIA
about 1 month ago
Like
7
The banks 'stole' my home, now having to pay more for it in a 'new home loan' than the purchase
price was for it nearly ten years ago!
Brett Montgomery KINGSCLIFF, AUSTRALIA
about 1 month ago
Like
7
Banks have ripped off my father
Andrew Forbes Smith BYRON BAY, AUSTRALIA
about 1 month ago
Like
7
To reveal truth, and hopefully bring about a fairer society for everyone.
Kevin Lee AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
5/178
5 | P a g e
about 1 month ago
Like
7
Unfortunately when you add in the now infamous MIS scams that have screwed the lives of up to
18,000 people - we have a bank & financial planning rip-off on a massive scale. It's time to fight back!!!
Josef Perner AUSTRALIA
about 1 month ago
Like
6
We are sick of being ripped off by the system, banks, government councils everything, Australia
needs to hit the reset button and get back to basics.
Caroline Vardy COOLBELLUP, AUSTRALIA
about 1 month ago
Like
6
I lost my home
Georgia Morfidis AUSTRALIA
about 1 month ago
Like
6
My aunty got ripped off by the NAB
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
6/178
6 | P a g e
Caroline Baker AUSTRALIA
about 1 month ago
Like
6
Because I have lost thousands of dollars because of St George bank mortgage fraud.
David Fahey SYDNEY, AUSTRALIA
about 1 month ago
Like
6
Because my partner and I are one of those home owners who is affected.
Debra Lock PARKHURST, AUSTRALIA
about 1 month ago
Like
6
Myself,family and friends are victims of banking fraud, maladministration and unconsciable
lending.
Michael Porret AUSTRALIA
about 1 month ago
Like
6
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
7/178
7 | P a g e
Have been through hell for 76 years and lost more than my family can handle. We were pushed
into what we thought was an investment but now don't know if we can keep our home
John Davey HEATHRIDGE 6027, AUSTRALIA
about 1 month ago
Like
6
Because I am looking at owning nothing and owing a lot of money, where before the bank loan I
owned everything. Now my retirement and my marriage are in jeopardy because the bank failed to
notice my three credit cards and private loan repayments when approving a $1.5million loan, without
any tax records or proof of income other than a letter from a man in Jersey.
katie shafar AUSTRALIA
about 1 month ago
Like
6
In 2009 an ANZ banker overstated my income by $50,000 pa to get 2 loans over the line....I am stillwaiting for my LAF.
Trish Henderson MOUNT ELIZA, AUSTRALIA
about 1 month ago
Like
6
Our banks are out on control and not answerable to anyone, theft on a grand scale and no
accountability
Christine Bradstreet WILLETTON, AUSTRALIA
about 1 month ago
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
8/178
8 | P a g e
Like
6
I ended up with a debt I could not pay and after 5 years in the courts eventually had to sell my
home to pay the debt.
Anna Delamere AUSTRALIA
about 1 month ago
Like
6
My Husband and i are both victims of loan application tampering by Legacy Financial Services staff
who inflated our income figures on our Loan Application Form without our knowledge. The bank staff
involved purposely set us up to take us down. They knew that their actions would cause us to lose our
home. The loan would not have been approved if the real income figure was used. We owned our home
in 2007 and now we face eviction. Their greed has ruined our lives. We must have a Royal Commission.
Lisa Yu AUSTRALIA
about 1 month ago
Like
6
ANZ had robbed my additional cash asset over $400,000 on top of my original 20% equity like a
snake to swallow a large object and turned into property as it's tummy then slowly digesting it by the
way of toxic loan and its illegal interests.
Cynthia Lawrence CAMPBELLTOWN, AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
9/178
9 | P a g e
about 1 month ago
Like
6
We are affected by this scandal and we need to ask the banks to tell the truth about home lending.
Jack Dale AUSTRALIA
about 1 month ago
Like
6
My wife and I are Storm Financial victims of the banks
Alicia Vanschayk AUSTRALIA
about 1 month ago
Like
6
Fair game for the working family!
Michal Blair AUSTRALIA
about 1 month ago
Like
6
Like to see the bastards pay for their greed
Brenda Beal AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
10/178
10 | P a g e
about 1 month ago
Like
6
My LAF was altered to qualify us for a Farm Loan. This has affected my whole immediate family
financially.
Maria Roditis AUSTRALIA
about 1 month ago
Like
6
Because I am a victim of two collapsed Mis Investments due to BAD advise
paul carnemolla AUSTRALIA
about 1 month ago
Like
6
with all proof of false loan documents false signature money stolen false tax return false statement
bank never produce any loan document for six years ask, the answer is not produce this is not one loan
but two,,,,,,,,,,,,,,,, we lost all after 45 years of hard work me my wife & family this bank the are criminal
ADELAIDE & BENDIGO BANK
Ed Schmidt BLAIRMOUNT, AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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11 | P a g e
about 1 month ago
Like
6
We are affected in this way and in danger of losing our home.
William Doherty NEWCASTLE, AUSTRALIA
about 1 month ago
Like
6
We have lost our home and life savings
sharon matherson NARANGBA, AUSTRALIA
about 1 month ago
Like
6
ripped off by banks lost everything
We need a Royal Commission urgently
Jen Flynn AUSTRALIA
about 1 month ago
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
12/178
12 | P a g e
Like
6
Am a victim of this disgraceful conduct by the banks.
Rosie Cornell MEADOW SPRINGS, AUSTRALIA
about 1 month ago
Like
6
because I know how it happened to us and it needs a Royal Commisssion
michelle matheson KAHIBAH, AUSTRALIA
about 1 month ago
Like
6
Facing homelessness with 3 children due to fraud by rams/RHG , my mother has lost her life savings and
home due to fraud by WESTPAC- it is time hard working Australians are supported by their government
to stop predatory and deceptive lending by our banks immediately - lives are getting ruined as is the
future for our children due to shameful and criminal banking practices, this is a national epidemic and
needs resolution!
Howie Hughes AUSTRALIA
about 1 month ago
Like
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
13/178
13 | P a g e
6
I'm currently in the middle of a four year battle with Westpac regarding my home loan, and regardless of
multiple examples of fraudulent and deceptive behavior and documentation I've provided its like I don't
exist. Its the same scenario with FOS - my dispute was lodged well over 18 months ago and two case
officers, one dispute analyst and a banking expert and they still try to send me in ever increasing circles
whilst trying to cover the banks back through manipulating the Terms of Reference in totally bias and
unethical way. I will not give in or walk away from this and I will bulldoze my own home on national tv
before ever giving it to Westpac -the pack of liars and cheats.
shane pearce AUSTRALIA
about 1 month ago
Like
6
Its time for an independent banking ombudsman not one funded by the financial institutions
themselves. ASIC has failed in its regulatory duties to protect consumers. The Banks must be stopped
making unconscionable decisions where consumers are concerned.
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
6
Banks became the robbers of homes by targeting ARIPs asset rich and income poor. People who own
modest home and on pension or low income. What type of people are these Bankers?
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
14/178
14 | P a g e
Karen Kennedy AUSTRALIA
about 1 month ago
Like
6
It's time for these banks to be accountable for all their years of theft
Chester Lochhead ADELAIDE, AUSTRALIA
about 1 month ago
Like
6
This is important to me because I mortgaged my home with West Point Mezzanine and ended up have
to sell before I went bankrupt after Price-water House and Coopers put the company into Liquidation
David White BATHURST, AUSTRALIA
about 1 month ago
Like
6
Anz bank fraudulent lent money for our mortgage
Denise Brailey DOWERIN, AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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15 | P a g e
about 1 month ago
Like
6
We want re-regulation of the banks. How can we trust bankers to do the right thing?
Milton Wilde AUSTRALIA
30 days ago
Like
5
A Royal Commission with wide range terms of reference is needed to expose so many 1,000's of cases
involving the fraudulent lending practices of not just the big four banks, but statistically more often by
the smaller banks like the Bendigo Adelaide Bank and other non-bank lenders. The scope of the Royal
Commission being sought must extend to Bendigo Adelaide Bank, non-bank lenders, mortgage
managers and non-bank wholesale funders. The Bendigo Adelaide bank who have just been gifted theRural Finance Corporation by the Victorian State Government, have already started revaluing assets to
foreclose on rural mortgages in order to satisfy their 'Basel' based Claw Back provisions. Their
unconscionable conduct including the saturation marketing of Reverse Mortgages, Homesafe Solutions
'Debt Free Equity Release' are all scams design to divest the aged members of our society of their only
assets in a sneaky and underhanded manner, all the while protected by the fine print in their mortgage
agreements which are weighted 100% against their unsuspecting customers/borrowers.
I propose that, due to the high number of victims whose lives have been gravely affected by smaller and
non-bank lenders, the explanatory text describing the petition now be expanded to allow for the
inclusion of the Bendigo Adelaide Bank , other varieties of banks and money lenders who have
conveniently flown under the radar for far too long.
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
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16 | P a g e
What happened to the State based legislative provisions and consumer protections provided in the old
Money Lenders Acts which afforded protection to borrowers where ASIC, FOS and our Federal
government do nothing and our legal system is totally bank biased.
Rob Ding AUSTRALIA
about 1 month ago
Like
5
Stop the fraud. Stop corruption. Put people before corporate greed profits.
Marc Sweeney STONYFORD, AUSTRALIA
about 1 month ago
Like
5
The deregulation of the banking industry has led to massive corruption, which has been supported in a
majorly negative way for consumers by this LNP government and a Royal Commission is needed to
rectify this unacceptable situation.
Fran Fairhead AUSTRALIA
about 1 month ago
Like
5
I am one of thousands who have been ill served by a financial planner and consequently a bank
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
17/178
17 | P a g e
Fran Fairhead AUSTRALIA
about 1 month ago
Like
5
I am one of thousands who have been ill served by a financial planner and consequently a bank
John Holligan AUSTRALIA
about 1 month ago
Like
5
Bank fraud is not on we need a royal commission
Merleen ANDERSON AUSTRALIA
about 1 month ago
Like
5
To stop the banks from fraudulent practices and doctoring our applications
Dale McCahon AUSTRALIA
about 1 month ago
Like
5
-
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18 | P a g e
It is a much needed exposure of Bank fraud and white collar crime the scourge of this country
Lynne Kreutzer ALSTONVILLE, AUSTRALIA
about 1 month ago
Like
5
Banks have been acting outside the law and the regulators are guilty of wilful blindness.
Laurell Miller AUSTRALIA
about 1 month ago
Like
5
Timbercorp Investor
To stop the banks from fraudulent practices and doctoring our applications
Dale McCahon AUSTRALIA
about 1 month ago
Like
5
It is a much needed exposure of Bank fraud and white collar crime the scourge of this country
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
19/178
19 | P a g e
Lynne Kreutzer ALSTONVILLE, AUSTRALIA
about 1 month ago
Like
5
Banks have been acting outside the law and the regulators are guilty of wilful blindness.
Laurell Miller AUSTRALIA
about 1 month ago
Like
5
Timbercorp Investor
Ken Grech AUSTRALIA
about 1 month ago
Like
5
Need to do something serious with corporate corruption please.
Hanuman Pandji MELBOURNE, AUSTRALIA
about 1 month ago
Like
5
Banks are undermining our economy through debt and fraud. Sign this petition if you think that
they need to be held accountable!
-
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20 | P a g e
Philip Soos MELBOURNE, AUSTRALIA
about 1 month ago
Like
5
Rampant control frauds pose a major threat to the efficient and equitable functioning of a banking
and financial system. They must be stamped out.
stephanie flory AUSTRALIA
about 1 month ago
Like
5
my parents have 2 toxic low doc loans and the bank wants to reposses the house
lynette flory AUSTRALIA
about 1 month ago
Like
5
my husband and i have 2 toxic low doc loans and the bank wants to take possesion of our house
More Reasons
Supporters
Reasons for signing
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
21/178
21 | P a g e
Most Popular
Latest
Liam McAleenan AUSTRALIA
about 1 month ago
Liked 9
I win my case agents the cba for maladministration in leading but FOS are letting then sale I'm
bock,
joel cannan AUSTRALIA
about 1 month ago
Liked 9
To stop the banks from not being accountable for their actions
Peter Hill HOPETOUN, AUSTRALIA
about 1 month ago
Liked 8
It's corrupt dodging loans on generated software
John Davey HEATHRIDGE 6027, AUSTRALIA
about 1 month ago
Liked 8
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
22/178
22 | P a g e
I'm close to losing everything I had built over 40 years of hard work because the bank didn't include
all of my monthly costs (including Credit card from that bank) when allowing me a loan for $1.5 million.
Without tax records, with only a letter from my agent in Jersey Islands that may have been "DOCTORED
BY THE BANK". My wife and I are now struggling financially and personally.
John Crundwell TOWNSVILLE CITY, AUSTRALIA
about 1 month ago
Liked 7
Suffered first hand at the immoral and illegal ways of CBA
Sandra Grainer WHITE ROCK, AUSTRALIA
about 1 month ago
Like
7
The Banks having been getting away with "CRIMINAL BEHAVIOUR" for far too long and it is time to
bring them under control for the sake of all Australians. If we fail, our future will be very much
threatened. My wife and I are both victims of Low Doc Loans.
jen cox AUSTRALIA
about 1 month ago
Like
7
struggling to live and hold onto our home
jen cox AUSTRALIA
about 1 month ago
Like
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
23/178
23 | P a g e
7
i am a victim of this...its affected our life for 7 yrs
Maggie McGowan AUSTRALIA
about 1 month ago
Like
7
The banks 'stole' my home, now having to pay more for it in a 'new home loan' than the purchase
price was for it nearly ten years ago!
Brett Montgomery KINGSCLIFF, AUSTRALIA
about 1 month ago
Like
7
Banks have ripped off my father
Andrew Forbes Smith BYRON BAY, AUSTRALIA
about 1 month ago
Like
7
To reveal truth, and hopefully bring about a fairer society for everyone.
Kevin Lee AUSTRALIA
about 1 month ago
Like
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
24/178
24 | P a g e
7
Unfortunately when you add in the now infamous MIS scams that have screwed the lives of up to
18,000 people - we have a bank & financial planning rip-off on a massive scale. It's time to fight back!!!
Josef Perner AUSTRALIA
about 1 month ago
Like
6
We are sick of being ripped off by the system, banks, government councils everything, Australia
needs to hit the reset button and get back to basics.
Caroline Vardy COOLBELLUP, AUSTRALIA
about 1 month ago
Like
6
I lost my home
Georgia Morfidis AUSTRALIA
about 1 month ago
Like
6
My aunty got ripped off by the NAB
Caroline Baker AUSTRALIA
about 1 month ago
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
25/178
25 | P a g e
Like
6
Because I have lost thousands of dollars because of St George bank mortgage fraud.
David Fahey SYDNEY, AUSTRALIA
about 1 month ago
Like
6
Because my partner and I are one of those home owners who is affected.
Debra Lock PARKHURST, AUSTRALIA
about 1 month ago
Like
6
Myself,family and friends are victims of banking fraud, maladministration and unconsciable
lending.
Michael Porret AUSTRALIA
about 1 month ago
Like
6
Have been through hell for 76 years and lost more than my family can handle. We were pushed
into what we thought was an investment but now don't know if we can keep our home
John Davey HEATHRIDGE 6027, AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
26/178
26 | P a g e
about 1 month ago
Like
6
Because I am looking at owning nothing and owing a lot of money, where before the bank loan I
owned everything. Now my retirement and my marriage are in jeopardy because the bank failed to
notice my three credit cards and private loan repayments when approving a $1.5million loan, without
any tax records or proof of income other than a letter from a man in Jersey.
katie shafar AUSTRALIA
about 1 month ago
Like
6
In 2009 an ANZ banker overstated my income by $50,000 pa to get 2 loans over the line....I am still
waiting for my LAF.
Trish Henderson MOUNT ELIZA, AUSTRALIA
about 1 month ago
Like
6
Our banks are out on control and not answerable to anyone, theft on a grand scale and no
accountability
Christine Bradstreet WILLETTON, AUSTRALIA
about 1 month ago
Like
6
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
27/178
27 | P a g e
I ended up with a debt I could not pay and after 5 years in the courts eventually had to sell my
home to pay the debt.
Anna Delamere AUSTRALIA
about 1 month ago
Like
6
My Husband and i are both victims of loan application tampering by Legacy Financial Services staff
who inflated our income figures on our Loan Application Form without our knowledge. The bank staffinvolved purposely set us up to take us down. They knew that their actions would cause us to lose our
home. The loan would not have been approved if the real income figure was used. We owned our home
in 2007 and now we face eviction. Their greed has ruined our lives. We must have a Royal Commission.
Lisa Yu AUSTRALIA
about 1 month ago
Like
6
ANZ had robbed my additional cash asset over $400,000 on top of my original 20% equity like a
snake to swallow a large object and turned into property as it's tummy then slowly digesting it by the
way of toxic loan and its illegal interests.
Cynthia Lawrence CAMPBELLTOWN, AUSTRALIA
about 1 month ago
Like
6
-
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28/178
28 | P a g e
We are affected by this scandal and we need to ask the banks to tell the truth about home lending.
Jack Dale AUSTRALIA
about 1 month ago
Like
6
My wife and I are Storm Financial victims of the banks
Alicia Vanschayk AUSTRALIA
about 1 month ago
Like
6
Fair game for the working family!
Michal Blair AUSTRALIA
about 1 month ago
Like
6
Like to see the bastards pay for their greed
Brenda Beal AUSTRALIA
about 1 month ago
Like
6
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
29/178
29 | P a g e
My LAF was altered to qualify us for a Farm Loan. This has affected my whole immediate family
financially.
Maria Roditis AUSTRALIA
about 1 month ago
Like
6
Because I am a victim of two collapsed Mis Investments due to BAD advise
paul carnemolla AUSTRALIA
about 1 month ago
Like
6
with all proof of false loan documents false signature money stolen false tax return false statement
bank never produce any loan document for six years ask, the answer is not produce this is not one loan
but two,,,,,,,,,,,,,,,, we lost all after 45 years of hard work me my wife & family this bank the are criminal
ADELAIDE & BENDIGO BANK
Ed Schmidt BLAIRMOUNT, AUSTRALIA
about 1 month ago
Like
6
We are affected in this way and in danger of losing our home.
William Doherty NEWCASTLE, AUSTRALIA
-
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30/178
30 | P a g e
about 1 month ago
Like
6
We have lost our home and life savings
sharon matherson NARANGBA, AUSTRALIA
about 1 month ago
Like
6
ripped off by banks lost everything
Bruce Duncan AUSTRALIA
about 1 month ago
Like
6
We need a Royal Commission urgently
Jen Flynn AUSTRALIA
about 1 month ago
Like
6
Am a victim of this disgraceful conduct by the banks.
Rosie Cornell MEADOW SPRINGS, AUSTRALIA
-
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31/178
31 | P a g e
about 1 month ago
Like
6
because I know how it happened to us and it needs a Royal Commisssion
michelle matheson KAHIBAH, AUSTRALIA
about 1 month ago
Like
6
Facing homelessness with 3 children due to fraud by rams/RHG , my mother has lost her life
savings and home due to fraud by WESTPAC- it is time hard working Australians are supported by their
government to stop predatory and deceptive lending by our banks immediately - lives are getting ruined
as is the future for our children due to shameful and criminal banking practices, this is a national
epidemic and needs resolution!
Howie Hughes AUSTRALIA
about 1 month ago
Like
6
I'm currently in the middle of a four year battle with Westpac regarding my home loan, and
regardless of multiple examples of fraudulent and deceptive behavior and documentation I've provided
its like I don't exist. Its the same scenario with FOS - my dispute was lodged well over 18 months ago and
two case officers, one dispute analyst and a banking expert and they still try to send me in everincreasing circles whilst trying to cover the banks back through manipulating the Terms of Reference in
totally bias and unethical way. I will not give in or walk away from this and I will bulldoze my own home
on national tv before ever giving it to Westpac -the pack of liars and cheats.
shane pearce AUSTRALIA
-
7/23/2019 Fsi Senate Inquiries 173 Pages of Letters Demanding a Royal Commission Into ASIC and the Banks
32/178
32 | P a g e
about 1 month ago
Like
6
Its time for an independent banking ombudsman not one funded by the financial institutions
themselves. ASIC has failed in its regulatory duties to protect consumers. The Banks must be stopped
making unconscionable decisions where consumers are concerned.
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
6
Banks became the robbers of homes by targeting ARIPs asset rich and income poor. People who
own modest home and on pension or low income. What type of people are these Bankers?
Karen Kennedy AUSTRALIA
about 1 month ago
Like
6
It's time for these banks to be accountable for all their years of theft
Chester Lochhead ADELAIDE, AUSTRALIA
about 1 month ago
Like
6
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This is important to me because I mortgaged my home with West Point Mezzanine and ended up
have to sell before I went bankrupt after Price-water House and Coopers put the company into
Liquidation
David White BATHURST, AUSTRALIA
about 1 month ago
Like
6
Anz bank fraudulent lent money for our mortgage
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
6
We want re-regulation of the banks. How can we trust bankers to do the right thing?
Milton Wilde AUSTRALIA
30 days ago
Like
5
A Royal Commission with wide range terms of reference is needed to expose so many 1,000's of
cases involving the fraudulent lending practices of not just the big four banks, but statistically more
often by the smaller banks like the Bendigo Adelaide Bank and other non-bank lenders. The scope of theRoyal Commission being sought must extend to Bendigo Adelaide Bank, non-bank lenders, mortgage
managers and non-bank wholesale funders. The Bendigo Adelaide bank who have just been gifted the
Rural Finance Corporation by the Victorian State Government, have already started revaluing assets to
foreclose on rural mortgages in order to satisfy their 'Basel' based Claw Back provisions. Their
unconscionable conduct including the saturation marketing of Reverse Mortgages, Homesafe Solutions
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'Debt Free Equity Release' are all scams design to divest the aged members of our society of their only
assets in a sneaky and underhanded manner, all the while protected by the fine print in their mortgage
agreements which are weighted 100% against their unsuspecting customers/borrowers.
I propose that, due to the high number of victims whose lives have been gravely affected by
smaller and non-bank lenders, the explanatory text describing the petition now be expanded to allow
for the inclusion of the Bendigo Adelaide Bank , other varieties of banks and money lenders who have
conveniently flown under the radar for far too long.
What happened to the State based legislative provisions and consumer protections provided in the
old Money Lenders Acts which afforded protection to borrowers where ASIC, FOS and our Federal
government do nothing and our legal system is totally bank biased.
Rob Ding AUSTRALIA
about 1 month ago
Like
5
Stop the fraud. Stop corruption. Put people before corporate greed profits.
Marc Sweeney STONYFORD, AUSTRALIA
about 1 month ago
Like
5
The deregulation of the banking industry has led to massive corruption, which has been supportedin a majorly negative way for consumers by this LNP government and a Royal Commission is needed to
rectify this unacceptable situation.
Fran Fairhead AUSTRALIA
about 1 month ago
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Like
5
I am one of thousands who have been ill served by a financial planner and consequently a bank
John Holligan AUSTRALIA
about 1 month ago
Like
5
Bank fraud is not on we need a royal commission
Merleen ANDERSON AUSTRALIA
about 1 month ago
Like
5
To stop the banks from fraudulent practices and doctoring our applications
Dale McCahon AUSTRALIA
about 1 month ago
Like
5
It is a much needed exposure of Bank fraud and white collar crime the scourge of this country
Lynne Kreutzer ALSTONVILLE, AUSTRALIA
about 1 month ago
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Like
5
Banks have been acting outside the law and the regulators are guilty of wilful blindness.
Laurell Miller AUSTRALIA
about 1 month ago
Like
5
Timbercorp Investor
Ken Grech AUSTRALIA
about 1 month ago
Like
5
Need to do something serious with corporate corruption please.
Hanuman Pandji MELBOURNE, AUSTRALIA
about 1 month ago
Like
5
Banks are undermining our economy through debt and fraud. Sign this petition if you think that
they need to be held accountable!
Philip Soos MELBOURNE, AUSTRALIA
about 1 month ago
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Like
5
Rampant control frauds pose a major threat to the efficient and equitable functioning of a banking
and financial system. They must be stamped out.
stephanie flory AUSTRALIA
about 1 month ago
Like
5
my parents have 2 toxic low doc loans and the bank wants to reposses the house
lynette flory AUSTRALIA
about 1 month ago
Like
5
my husband and i have 2 toxic low doc loans and the bank wants to take possesion of our house
Gavin Cope AUSTRALIA
about 1 month ago
Like
5
Timbercorp - loans set up very poorly. Incorrect information on loan deeds and a raft of other
issues with the misuse of funds.
Paul Flory AUSTRALIA
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about 1 month ago
Like
5
i have 2 toxic low doc loans and the bank want to take possesion
Ray Catford AUSTRALIA
about 1 month ago
Like
5
To stop Fraud and collusion in the banks
Lester Marriage AUSTRALIA
about 1 month ago
Like
5
Westpac has repossessed our family home of 20 years, engaged in predetory lending and refuses to
provide our LAF as it will expose fraud.
We were loaned millions, I was unemployed at the time.
John Donaldson AUSTRALIA
26 days ago
Like
4
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Lost $200,000 through deliberate and planned fraud
George Davey AUSTRALIA
27 days ago
Like
4
Banks are the biggest robbers on this earth. They just do what they want & change the rules &
"gold posts" to get their maximum profit and individual commissions and spare no thought to fairness. I
had my Super invested with them & when doing switches and withdrawals they would publish false daily
rates that did not reflect the market indices changes and would only benefit the banks profits and in
turn the top executives profit based bonuses. David Murray was head of Com Bank at the time. I oftenwondered if the Bank generally employed Financial Planners who got their certificate qualifications after
only 34 hours study. David Murray as head of this enquiry would be a big joke. It's like putting Dracula in
charge of the blood bank. When I was convinced that the CBA was duding me, I quickly pulled out and
gave my Super business to a more reputable organisation.
Denise Brailey DOWERIN, AUSTRALIA
27 days ago
Like
4
Investors and Borrowers alike expected there to be a secure financial system and an environment
of trust and confidence in Australian Government and the Australian Banking and Finance Regulators. I
have been watching the erosion of trust and lobbied for change for over 20 years as a volunteer. I am an
educated woman and criminologist specializing in white collar crime. This without doubt is the biggest
collective scam I have ever exposed. Australian Bankers are running a Cartel, thousands of consumer
documents show why that is so. It is why there have been so many Parliamentary Inquiries into our
Financial System and the current FSI in recent times. I have lobbied and contributed to 15 of thosethrough hard lobbying. Bankers are also the CONTROL FRAUDS as described by Prof, Wm Black and
again Philip Soos and Paul D Egan in their book Bubble Economics. Bankers are Control Frauds
controlling all losses coming from Borrowers in 30 year "Interest Only" Sub Prime Loans and also
Investors tricked into unsafe investments entangles in PROPERTY, BANKING, DEVELOPMENT and
CONSTRUCTION. Moodys are worried. Bloombergs have sent out stories of warning signs. Retiree
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investors have been fleeced of life savings. This should have been cleared up years ago, but people's
lives were being shatters and political backs were turned. The elephant is in the room and the pretense
is no longer sustainable. Everyone affected by loss from the Control Frauds either by savings or home
lost should by know understand they are part of a much bigger picture in organised white collar criminal
activity. (see my own Submission to the FSI). Immediate action is necessary and the first step is for DavidMurray and the current Financial System Inquiry to recommend a Royal Commission into the entire
sector so as to examine properly each component and we need a very Wide Terms of Reference if we
are ever to get to the bottom of this mess. Banks are not too big to fail. If we try to use the moral hazard
line...we have forfeited our dearly held beliefs and values and we want those back.
corinne coombs MANDURAH, AUSTRALIA
27 days ago
Like
4
As an ex mortgage broker I am disgusted. As a human being who now know banks make profit from
money that doesn't exist I say it should all be shut down.
Naomi Halpern AUSTRALIA
about 1 month ago
Like
4
I am signing because I am the victim of financial fraud and crime by a financial advisor and enabling
and complicit financial institutions and agribusiness. I have been financially ruined and the impact has
affected all aspects of my life, financial, relationships, work, health and the future. A Royal Commission
is essential to clean up the financial services industry and provide justice and restitution for victims.
Stan Frydenberg EAST MALVERN, AUSTRALIA
about 1 month ago
Like
4
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My partner was lent more money than she could afford to easily repay, based purely on her
available property assets. The Bank grossly overstated her Salary and her Rental Income, even though
they were given Pay Slips, Rental Statements and a Tax Return. The Bank also gave her extra funds as abuffer in her offset accounts. Two new properties were purchased and two previously unencumbered
properties were then cross collateralised under the loans. We spent 20 months with FOS, and even
though we could prove that the bank had overstated income and understated debt levels as part of the
applications, our case was thrown out as not being maladministration by the Bank. We are looking to
sell the two most recently purchased properties, but that will leave us out of pocket by close to $500k
and with debts on previously unencumbered properties. Instead of retiring, we are looking at another
10 years of workand we are still waiting for the original of the Loan Application Forms, even FOS
couldnt get them.
Susan Henry AUSTRALIA
about 1 month ago
Like
4
It is not possible to be brief in any meaningful adequate sense. I am a victim of fraud of my former
accountant / advisor who was known to ASIC well before he ruined me along with the CBA, BT, ANZ,
Elders, Macquarie Bank etc. And various product issuers. What happened and the consequences isenormous sophisticated financial white collar crime. A Royal Commission to uncover the corruption,
correct the consequences and safeguarding the nation is necessary.
CAROLYN DORWARD AUSTRALIA
about 1 month ago
Like
4
This has happened to me with BOQ as a Storm Financial Client. My income was increased on the
loan application by the bank personal to allow me to be illegible to lend through them even though they
had my correct income paperwork, and now I only own half my home. It is not fair that big corporations
and be allowed to do these sort of things to anyone let alone older people and low income workers.
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Mark Weir AUSTRALIA
about 1 month ago
Like
4
Every effort must be made to rein in an out of control Banking Industry and restore some social
justice to the delivery of financial services to all Australians.
Merrilee Clark AUSTRALIA
about 1 month ago
Like
4
Ripped off by the banks via Storm Financial
KAren Oxley AUSTRALIA
about 1 month ago
Like
4
Dishonesty, fraud should be a concern for all people participating in a democratic system. The 4 big
bank Oligopoliy MUST be made accountable and compensate their dishonesty
Gillian Kenway AUSTRALIA
about 1 month ago
Like
4
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We have less than 60 days before eviction from our home. The Lo Doc loan application was
fraudulently altered changing Brian' income from $25.000 per annum to $225.000 per annum. We also
believe due to the loan only being Interest only. We wants the courts to put a 'stay' on all pending
evictions till we have a Royal Commission
KAREN PERNER AUSTRALIA
about 1 month ago
Like
4
We have lodged our dispute with FSP through the Financial Ombudsman's office. We lodged that
dispute in June 2013. Next morning (12 hours later) a representative of the FSP EDR department rangme passing himself off from FOS. Our case has been sitting with various staff of FOS trying to negotiate
with FSP to allow our debt to be taken over by another Bank - NIL replies. Our debt has now risen
(through Interest) $300k. I am concerned that there is a potential link between FOS & FSP and my case
may not be fair. We stand to loose our home and business
Ruth Fontaine AUSTRALIA
about 1 month ago
Like
4
The Commomwealth Bank and Macquarie Banks both financially supported the dubious financial
advice given by Storm Financial. We were destroyed financially, emotionally, and due to the stress it has
affected our health, neither of us were able to work and my husband suffered a stroke brought on by
the stress, and spent 4 years in a disabled state. When the CBA started putting pressure on us in March
this year, my husband became very very stressed and suffered another stroke which was fatal. I am now
a widow with a huge debt. We never got to enjoy our retirement. We should have been financially ok,
instead the Australian banking system have destroyed us and thousands of others. Don't let them getaway with this level of destruction. We need a Royal Commission and we need it now.
Dutchy Peron AUSTRALIA
about 1 month ago
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Like
4
The big 4 banks have ripped us off in the Storm Financial saga.
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
4
Why have state police discovered the FACT 2008 that the internal banks system has at least 8
differing copies of the same Loan Application faxed/submitted by the brokers? Brokers were told to use
the serviceability calculator and allow the banks internal computer to create a futuristic income telling
them their lawyers had said the calculation was all above board. Meantime internal emails said: "pump
up the volume". The Sellers believed in these evil products and purchased the mortgages themselves
and now face ruin. The LAFs were doctored once again after being submitted! The evidence is
compelling. We need Royal Commission. MPs ignoring this problem will face the music eventually.
Joy Prins AUSTRALIA
about 1 month ago
Like
4
Nab confiscated my house despite the fact they never provided LAF paperwork that was correct
they lied on documentation and now put the house under the hammer they've got blood on their hands
Wayne Styles GOLD COAST, AUSTRALIA
about 1 month ago
Like
4
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Because these Banks are now CRIMINAL organisations.
Mark Garner AUSTRALIA
about 1 month ago
Like
4
My mother is a victim of a scam by ANZ. They gave her 6 loans without ever verifying her income.
They've even admitted that in writing and have stated that they don't have to verify income and that
ASIC is OK with that.
Stephen Rose AUSTRALIA
about 1 month ago
Like
4
I want to see a proper examination of the way Banks have 'ripped off' the people of Australia
Kathy Huston THE LEAP, AUSTRALIA
about 1 month ago
Like
4
Concerned about banks taking retirees homes
Dario Pappalardo AUSTRALIA
about 1 month ago
Like
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4
My family and I have been financially raped by the National Australia Bank 6 years ago . Banking
employees need to spend time in jail , including board members, valuers, solicitors, receivers and any
one that associates and contributes to the entrapment and the than subsequent take down of small to
medium businesses. The Royal Commission is necessary , now.
Murray Vincent AUSTRALIA
about 1 month ago
Like
4
I had to sell our home to pay-out home-investment loans
Stephen Young AUSTRALIA
about 1 month ago
Like
4
I was duped into a financial product which was already failing, and my money was being used to
prop up others investors schemes. I sure that makes it a ponzi scheme, but no one seems to care about
me and the fact it has delayed my future of owning a home. The banks and government regulators dont
care about hard working aussies. I will never trust another financial advisor or so called professional for
advice again. This whole Timbercorp business is a disgrace.
Peter Spelta TOWNSVILLE, AUSTRALIA
about 1 month ago
Like
4
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The Commonwealth Bank stole my home by using illegal forged documents and fraud and I would
like it back and them to be all punished as the criminals they are, we NEED a Royal Commission into
banking corruption NOW. Please help by signing this petition and sharing it with all your friends.
Gordon Meredith AUSTRALIA
about 1 month ago
Like
4
Storm Financial victim.
Gwynne Meredith AUSTRALIA
about 1 month ago
Like
4
Storm client
Luke Vogel AUSTRALIA
about 1 month ago
Like
4
CBA - fraud, malpractice and lawyering up to avoid the truth and avoid having a precedent set.
Lynette Murray AUSTRALIA
about 1 month ago
Like
4
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I have to sell my house because of Storm Financial and the Banks
sidney watson KARRAGULLEN, AUSTRALIA
about 1 month ago
Like
4
My family of four children and myself and husband lost our family home of 30years and two
investment propperties to proven bank fraud by the commonwealth bank and Suncorp bank. The broker
seemed to submit out Loan application form with False declaration of income, buffer loans of $180,000and stating that we had purchased a $50,000 boat and falsely stating that we took out the loan for a
$100,000 holiday, NEITHER of these were known to us and we have never taken any holidays of any sort
nor of that expense ever. A trip that we made in approximately 2002 was paid for by saving our money
and making deposits. NO LOAN was ever taken out. But, what we have uncovered is that we as
homeowners fighting for our homes, have discovered a culture of Lenders Insurance fraud, with the
Lenders Mortgage Insurance which most banks take out on us. Genworth does not seem interested in
this rort. Houses, excessively overvalued. No better than the Federal Reserve Banks Scamming racket
with selling our Plastic note to countries inASia, which we have all been silenced to talk about! WE are
not stupid we all know what is going on. The scam goes right to the top of the GOVernment and
judiciary. I lost my home, my family and what has this government done for us? Nothing. I sent an emailto Hon. Don Randel, I spoke to him at a meeting to ask for help, he wasn't the slightest bit interested in
our plight of bank fraud nor in a friend whose bank, turned his loan into multiple loans and stole ALL THE
DEPOSITS that he made. I found 4 loans which he had no idea of. When is anyone going to act. We
demand DEMAND, DEMAND, a royal commission into the banking sector and DON'T TRUST WHAT THEY
REPORT. THIS NEEDS TO BE INVESTIGATED BY THE INDEPENDENT FRAUD SQUAD, NOT THE BANK CEO's.
they are ALL CORRUPT. ALL OF THEM.I have heard of a leaked email from the Conbank TO CHIEF JUSTICE
FRENCH HIGH COURT AUST.SAYING THAT HE WANTED A RESULT QUICK. CHIEF JUSTCE FRENCH REPLIED,
"DONE' mine was the only case before the high court involving COmmonwealth Bank the week of
January - February 2013. I would need to get the exact date to give an exact account. This is serious
TREASON and FRAUD in the Highest places. WE expect honesty from you Parliamentarians. you are theservant of the people. SERVE us.
William Miller AUSTRALIA
about 1 month ago
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Like
4
Timbercorp invested who has been ripped off
Sebastian Carnemolla AUSTRALIA
about 1 month ago
Like
4
LOAN TRACK INFILTRADE HERE FROM FIRM SIMMONS LAWER THE OFFICE IS NEW YORK CITY THIS
IS SOFTWARE WICK GO TO YOU PERSONAL BANK SETTAR LOOK ALL YOU INCOME & IF YOU ARE LOWER
ON MONEY THE BROCKER NOCK TO YOUR DOR ASK IF YOU WANT LOAN RIFANANCE THIS HAPPEN TO
ME ON 2004 TILL NOW ALL DESTROING ME ALL AUSTRALIAN FAMILY
DOUG HALLETT AUSTRALIA
about 1 month ago
Like
4
Because the big four have a monopoly.
charles baker PATTAYA, THAILAND
about 1 month ago
Like
4
I invested in Australia expecting a honest financial system, only to loose it all, I am one of the
pensioners who was targeted.
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Hifumi Robbie AUSTRALIA
about 1 month ago
Like
4
People before profit comes first
Robert Smith Novak AUSTRALIA
about 1 month ago
Like
4
We have lost everything because of the maladministration and fraudulent activities of the CBA
bank its officers and staff.
Amanda Donoghue POTTSVILLE, AUSTRALIA
about 1 month ago
Like
4
The banks need to apply and demonstrate a duty of care to people and act in their best interests !
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
4
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We cannot allow these Banksters to continue on and ruin the lives of the next two generations.
They already have ruined things for First Home Buyers by blowing toxic bubbles into the property
market.
sue Donohue MELBOURNE, AUSTRALIA
about 1 month ago
Like
4
Royal commission is URGENT. The banks, regulators and financial product sellers have hoodwinked
the Australian public into products that do no more than swell the coffers of these agencies and keep
the public poor. Its about power and control, big time.
Kaye Downer AUSTRALIA
about 1 month ago
Like
4
Justice for victims of bank fraud
Julie Wignall AUSTRALIA
about 1 month ago
Like
4
We have lost so much because of bullying and fraud from the Commonwealth Bank and itsManager!!!!!
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
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Like
4
I see over 1500 people suffering and know there are over 200,000 people with toxic loans
Una Robinson GLASS HOUSE MOUNTAINS, AUSTRALIA
about 1 month ago
Like
4
I lost all my income earning financial assets thanks to Banks.
Greg Wignall AUSTRALIA
about 1 month ago
Like
4
We have been defrauded by the CBA and ANZ Banks!!!!
Michael Downer AUSTRALIA
about 1 month ago
Like
4
Justice for victims of bank fraud
Thi Chau AUSTRALIA
about 1 month ago
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Like
4
We are suffering from fraudulent bank loans.
Neil Toplis AUSTRALIA
about 1 month ago
Like
4
Victim of fraudulent lender practices.
sylvia blayse BRISBANE, AUSTRALIA
about 1 month ago
Like
4
I nearly lost my home due to fraudulent advice
Leonie Montgomery AUSTRALIA
about 1 month ago
Like
4
Stripping retirees of their hard earned life assets
Graham Thomas AUSTRALIA
about 1 month ago
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Like
4
I am now facing the prospect of losing my home and business premises because the bank what's
me to pay 20 percent interest on a credit card that was given to us with a loan that I should not have
been given and was used to only pay the loan.
Carol Knight AUSTRALIA
about 1 month ago
Like
4
This has affected my daughter and her family. She has lost her house
Norm Hay AUSTRALIA
about 1 month ago
Like
4
We were caught up in the Westpoint debacle and lost a great deal of our Super money.
Andrew Davey AUSTRALIA
about 1 month ago
Like
4
The banks have committed fraud against many innocent customers over many years. A Royal
Commision MUST happen so that the banking criminals are brought to justice and the innocent victims
are rightfully compensated.
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Simona Oprea AUSTRALIA
about 1 month ago
Like
4
Banks and financial institution should practice responsible lending. My gripe is with ANZ and their
loose lending practices around 2008. Creating loans just to "invent" funds and rip off customers in the
process should be illegal.
Graham Gilmore AUSTRALIA
11 days ago
Like
3
so many lost so much
Julie Butler AUSTRALIA
11 days ago
Like
3
As a pensioner I am very worried about the way the banking system is going in Australia. It is all
designed to take money off those who can least afford it.
Jan Conaglen AUSTRALIA
11 days ago
Like
3
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I am 70years and stand to lose my house because now I am on the age pension ( I lost all my
superannuation and re mortgaged my home on a storm financial reps advice) I can no longer meet the
ANZ repayments.
Jo K AUSTRALIA
11 days ago
Like
3
Mushroomed Senators have to dig through the bullpoo and the darkness before they'll see thebiggest mess ever. It's bigger than Ben Hur!
JR Budod AUSTRALIA
11 days ago
Like
3
where is our foundations on ethics gone? i have kids and before I die money is what i do not want
to remember me -instead principles and values
Ann D. AUSTRALIA
11 days ago
Like
3
Those who grew up as the Nazis and Stalinists came to power know too well what happens when
greedy bankers go too far. In fact, the word 'greedy' is not strong enough to descfribe the financial rape
and pillage. The mafia probably drool over the racket these banks have.
Daniel Herron SPAIN
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12 days ago
Like
3
I am now homeless as I lost my home along with my savings and if it was not for a dear friend I
don't know what would have happened
to me. Good luck, let's hope we all get our monies returned . keep up the good work ,and don't let
the directors of LM get away with this scam .
Brian Fuller AUSTRALIA
12 days ago
Like
3
They are feathering their nest at our expense.
Adrian Coram AUSTRALIA
12 days ago
Like
3
Corruption and nefarious practices in all aspects of all types of banking has become one of the
most important and urgent issues in the world today as it affects the livelihood of all people and the
stability of the world economy with a tiny minority of corrupt self-serving bankers controlling themajority of the worlds wealth
Donald Forno AUSTRALIA
12 days ago
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Like
3
Extreme need to pull all financal institution into tight control following the Storm collapse where
my signature was forged to serve as an application request for additional borrowings and wasn't realised
until too late when it was bought to my attention by ASIC investigators. At the end absolutely NOTHING
was achieved.
Stephen Boothby PROSPECT, AUSTRALIA
12 days ago
Like
3
The banks create money as per Bank of England paper Money Creation in the modern economy.
The banks stand to lose nothing out of the transaction yet claim your private property. This is contrary
to both the common law and the Bills of Exchange Act 1909 where equal consideration is required.
Equal consideration means both parties stand to lose the same.
Aaron Isherwood AUSTRALIA
14 days ago
Like
3
Banks need to be regulated! Full Glass-Steagall banking separation should be debated to protect
the economy.
g williamson AUSTRALIA
14 days ago
Like
3
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The ceos' outrageous bonuses depend on forgeries and frauds on shareholders too. If our
politicians can't see what went on, maybe a RC will open their minds.
Frank Saez KINGS LANGLEY, AUSTRALIA
15 days ago
Like
3
The banking system is a total fraud.
F. Canavan AUSTRALIA
15 days ago
Like
3
Free Bernie Madoff, and jail the Aussie architect of the securitization ponzi scheme.
BRIAN COLE WITHAM, UNITED KINGDOM
16 days ago
Like
3
Investors need to be protected
ERIC PHILP AUSTRALIA
17 days ago
Like
3
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SIX Years have passed since we were crushed by the GFC,Storm Financial and some of our Major
Banks, several Millions of Dollars and many hours spent in the Courts.Many questions remain
unanswered,many appear to have been swept under the Political Carpet , I support the Petition by theBFCSA (inc) 100%
Denise Brailey DOWERIN, AUSTRALIA
18 days ago
Like
3
83 Companies Collapsed and more on the way.......MPF, MFS, Storm, Provident, Banksia,
Westpoint, Fincorp, Babcock, Prime Trust, Bridgecorp. To name a few. People suffering loss, including
thousands in 12 other countries because they trusted the Australian Regulatory System. A Royal
Commission is long overdue. All of the Control Fraudsters had University Educations..............think about
it. The sellers were kept in the dark and given sales "spiels." ASIC sat back laughing. CBA chap just
admitted he was trained to teach sellers the "pitch." See Page 6 sub 3 in Fawcett Inquiry. We will
achieve our Royal Commission. The banking and finance industry is maggoted to the core, aided and
abetted by a duplicitous regulator.
David cairns SPAIN
19 days ago
Like
3
because me and my wife ran our own business for 26 years and saved hard for our retirement, now
these scum bags have stolen it all
Max Bolte LENNOX HEAD, AUSTRALIA
20 days ago
Like
3
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The Australian banking system was stuffed the day the traitor politicians flogged our people's bank.
Jennifer Block WORONGARY, AUSTRALIA
20 days ago
Like
3
I believe this commission is well overdue into the most corrupt and morally unjust institution in
Australia!
Barbara Armitage AUSTRALIA
20 days ago
Like
3
I have been defrauded in the sum of $435,000.00 by a financial institution. Whilst researched the
lender and the broker I found other people who had also been defrauded in sums between $15,000 and
$900,00. My matter went to COSL who did not deal with and it is now with the fraud squad.
Maria Altenhofen AUSTRALIA
21 days ago
Like
3
Because I am one victim of the banks fraudulemt actions.
Kenneth Kinghorne AUSTRALIA
21 days ago
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Like
3
The banks must be brought to account.
Raquel Witjes AUSTRALIA
21 days ago
Like
3
just simple truth ..to know what is legal and illegal banking procedure such as bank
lending..educate bank consumers..stop bank greed and fraud..punish bank corporate bosses down to
small branch staff who willingly participated in bank's fraudulent acts for money reward..
Karen Winchester LITTLE MOUNTAIN, AUSTRALIA
21 days ago
Like
3
Banks and banking institutions have been getting away with too much for too long. They need to
answer for the way they do business.
N&K Kyriacou AUSTRALIA
21 days ago
Like
3
They ruined economies and lives, and they'll do it again soon
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Jason Yap AUSTRALIA
22 days ago
Like
3
I have been affected by the same issue. ASIC only slap the hand of the lender and ASIC says "we are
not here to help you what we can only do is to prevent the same thing happening to other people" . i am
still going through it with no end in sight and facing prospect of bankruptcy.
keith Mcintyre BRISBANE, AUSTRALIA
22 days ago
Like
3
corruption in banking and government must be exposed for the well being of our nation
Trypheyna McShane SYDNEY, AUSTRALIA
23 days ago
Like
3
This is vital to me because I am one of these Australians who have lost their home, their Super,
their work and their dreams through this shockingly immoral, unethical and illegal behaviour. I also
personally know of many others who are in the same position as us, also at or close to retirement age. It
is absolutely true that 6 years ago we did own our own home, almost completely paid for, on the
northern beaches of Sydney, and since then have had to live in a 16ft caravan, which thankfully we still
own. The corrupt behaviour we have been on the receiving end of that has brought about this situation
is unconscionable and so dangerous for this country. These are really good hard working people who are
being dropped to their knees through outright greed and lack of moral integrity. It is time for this to stop
- NOWA Royal Commission will help prevent any more deliberate abuse of good Australian people,
when the shocking reality of this massive scandal is finally exposed.
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Ronald Robinson AUSTRALIA
25 days ago
Like
3
Storm financial debacle.
Evan Jones SYDNEY, AUSTRALIA
26 days ago
Like
3
The corruption amongst the private players is pervasive; the complicity amongst the regulators is
comprehensive. The customers have had it with the hypocrisy.
Kerry Watts AUSTRALIA
26 days ago
Like
3
Because I have lost both my family home and another property due to low doc loan & incorrect
information submitted on loan for approval.
Denise Brailey DOWERIN, AUSTRALIA
26 days ago
Like
3
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Reverse Mortgages another big trap and 65,000 sold. More heartache from Banks delivered to
Australian Citizens. Bank Profits at $30 billion? Ill-gotten gains from Profiteering, Racketeering all with
ASIC's knowledge.
Money Money Money say the Bankers who receive average $40 million in exit bonuses, per
Banker.
G G AUSTRALIA
26 days ago
Like
3
My facebook feed in 'huge' and I saw the ABC Lateline report last night - and its shocking. You
should se the movie with Jeremy Irons and Demi Moore called Margin Call! Spread the youtube clips on
facebook, I think, and wake people up.
Brian Cremona AUSTRALIA
27 days ago
Like
3
Low doc loans should have never been implemented, deceiving way of putting profits before
people !!!
David Woods AUSTRALIA
27 days ago
Like
3
The Banks need to be reduced and put back in line.
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Debra Engel BALWYN, AUSTRALIA
27 days ago
Like
3
it is immoral
Leanne Claire AUSTRALIA
27 days ago
Like
3
Stop the fraud!
ROGER SHOTTON WASHINGTON, DC
27 days ago
Like
3
I LOST A HUGE CHUNK OF MY LIFE SAVINGS WHICH SEVERELY AFFECTS MY RETIREMENT PLANS -
AND I WOULD LIKE TO ENSURE OTHERS AVOID A SIMILAR FATE.
daniel delamere AUSTRALIA
28 days ago
Like
3
Family is affected
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kirby summers AUSTRALIA
28 days ago
Like
3
Family is affected.
Kerry Budworth GOLD COAST, AUSTRALIA
28 days ago
Like
3
FRAUD STARTS BEFORE YOU EVEN SIGN ....the fraud lies within the criteria they have put in
place....as to how much you earn, living expenses..etc....
my reason for signing....why when you don't fit their criteria, they say no to a loan you know if
affordable, that you can manage, because you are already paying as much rent as what the repayments
would be. Or you are already paying for a loan with much higher repayments.
NO to an affordable loan, but hey there is a loan you can have....Low Doc..now called an
ALTERNATIVE DOCUMENTATION LOAN...and it's only twice the amount of interest and repayments...we
can lend you the money for your home...just need your home as security...and for you to pay a
Mortgage Risk Fee (this is instead of Lender Mortgage Insurance as this doesn't pay them when fraud is
involved)
Of cause they know you will eventually default...but it's legal to sell your home....they don't loose.
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The only risk is for the borrower to loose everything they have, every cent they had trying to keep
up with the payment.
And this is Okay??? This is not fraud..extortion ...corruption ???
The Government changed the legislation to make a lot of this okay, ASIC, FOS, COSL all have rules
and terms of reference as to Determination (no Resolution any more) COSL won't look at a case if there
is any fraud involved and sends you off to FOS whose terms of reference are twisted to favour the
Lender. They are all in breach of acting as advocates for their members.
The Government knowing, helping them....OF CAUSE THEY DON'T want a Royal Commission.
MAYBE we need a Royal Commission into the GOVERNMENT FIRST!!!
John Telford AUSTRALIA
28 days ago
Like
3
ASIC can not be trusted.
Carla Andrews MAROUBRA, AUSTRALIA
28 days ago
Like
3
Principles
Nerrida Pohl AUSTRALIA
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28 days ago
Like
3
I am a victim of a NAB mobile broker approving a loan of 500,000 when I was in the middle of a
divorce and my personal assets were unknown. I am 65 and he wrote that I am smart enough to pay off
the principle at 75. I am u employed and the NAB took my tiny studio home that was unmortgaged as
security this year. The Family Court need the matter dealt with but NAB just referred the matter to the
Financial Ombudsman. I am stuck in their queue. This caused me to have a nervous breakdown a few
months ago and I was hospitalised for 6 weeks. There is no mention of my marital situation or of any
mortgages in the family estate on the documents my local branch showed me a month ago. I have never
seen this loan application. It even says I was living at my old family home that my ex-husband occupies. Ihave never read or signed this.
Rob Holden AUSTRALIA
29 days ago
Like
3
I was defrauded out of my house because the bank did not undertake any due diligence of the loan
application which was prepared fraudulently.
Donna Fleming AUSTRALIA
29 days ago
Like
3
I agree
Rosanna Payne AUSTRALIA
29 days ago
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Like
3
Storm Survivor had our life savings taken by questionable dealings with the banks...
Linda Ahern AUSTRALIA
29 days ago
Like
3
We are involved in the Storm
Financial debacle involving
the banks
Scott Harness AUSTRALIA
29 days ago
Like
3
I was caught up in the Storm Financial debarcle
Peter Gilmour AUSTRALIA
29 days ago
Like
3
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Because of the part the banks played in Storm Financial's clients losing most of their money.
Frank Gasparini AUSTRALIA
30 days ago
Like
3
Because the CBA has STOLEN part of our lives through the Storm Financial collapse
Todd Cranston AUSTRALIA
30 days ago
Like
3
Victim of storm financial, and CBA resolution scheme
ken Jones AUSTRALIA
30 days ago
Like
3
i am a stormie
rob jonker AUSTRALIA
30 days ago
Like
3
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Storm financial investor burned by cba
Denise Brailey DOWERIN, AUSTRALIA
30 days ago
Like
3
The entire system of financial advice and banking is a shambles and non enforcement of law is
protecting the billionaire villains who control the banking sector............Did you lose money to a
collapsed firm and if so which collapse was that?
Vivienne Garrett PERTH, AUSTRALIA
about 1 month ago
Like
3
Banking fraud is illegal
Graham Baillie HERVEY BAY, AUSTRALIA
about 1 month ago
Like
3
Because fraud against the Sovereign people of Australia is a crime no matter who does it.
Richard Gass AUSTRALIA
about 1 month ago
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3
enough is enough
Roshika Akhil CARSELDINE, AUSTRALIA
about 1 month ago
Like
3
Directly impacted by ANZ bank fraud
ben gerblich AUSTRALIA
about 1 month ago
Like
3
The bank loaned me money when I couldnt afford it. Bank didnt do propper checks on me. Broker
just wanted a contract. Your welcome to contact me.
Glenda Southby AUSTRALIA
about 1 month ago
Like
3
This is an outrage!!!!
Cris Geri AUSTRALIA
about 1 month ago
Like
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3
Interest charged on created credit is absurd and immoral.
Glen Hale BRISBANE, AUSTRALIA
about 1 month ago
Like
3
House prices are becoming a ponzi scheem for the banks... as IR come down more will be sucked
into buying ..until it all tanks
murray mackenzie BRISBANE, AUSTRALIA
about 1 month ago
Like
3
TBTF is wrong direction Glass-steagal and sovereign credit make bank a community service
Grant Saunders AUSTRALIA
about 1 month ago
Like
3
Agree with RC
Edward Evans ENOGGERA, AUSTRALIA
about 1 month ago
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3
Because the issue which has swept down the centuries and which will have to be fought sooner or
later is the people versus the banks. Lord Acton.
Rose Mathews SYDNEY, AUSTRALIA
about 1 month ago
Like
3
We need a Royal Commission into the banking system urgently
Peter Dunell AUSTRALIA
about 1 month ago
Like
3
There is so much evidence out there at present that the banks have done wrong to so many
ordinary Australians and ruined their futures that we cannot in all conscience sit by and not hold their
senior management to account.
George Ongarezos AUSTRALIA
about 1 month ago
Like
3
Given interest only loans at 63 years of age
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The final loan was higher than agreed
Asked for no exit strategy
Percentage of Loan 13-14%
Bank LIBERTY Financial Toxic loan, now at 68 i cant afford to repay the loan!!
Callie Ewing AUSTRALIA
about 1 month ago
Like
3
We are victims with fraud on our loan applications.
Cherie Barry AUSTRALIA
about 1 month ago
Like
3
I lost $160,000 in the Westpoint collapse
Yonghee Hong AUSTRALIA
about 1 month ago
Like
3
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Recommended by friend
Wayne Godwin AUSTRALIA
about 1 month ago
Like
3
The truth!!
Buyoung Whang AUSTRALIA
about 1 month ago
Like
3
I support this cause for my husband
Rosemary Winspear WATTLE GROVE, AUSTRALIA
about 1 month ago
Like
3
i demand a Royal Commission into Australian Banks
Brent L'Amie AUSTRALIA
about 1 month ago
Like
3
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9 years ago we were given a home loan that will not be paid off until we are 72 and 73 years old.
They should have refused to lend us the money as there is no way we will be still working to be able to
pay it off.
lee woldt IPSWICH, AUSTRALIA
about 1 month ago
Like
3
So we can get compo on what we lost due to NAB stuff up
Maureen Megay AUSTRALIA
about 1 month ago
Like
3
We have been left with a massive mortgage and we originally owned our own home so the Banks
were all in cahoots with the financial planner.
Antonia Champion ROCKHAMPTON, AUSTRALIA
about 1 month ago
Like
3
People's lives have been devasted.
Ann Kristine Lipnik DRUMMOND COVE, AUSTRALIA
about 1 month ago
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3
because I have a family member who is a victim of this fraud
Former Rusted-On Liberal Party member. AUSTRALIA
about 1 month ago
Like
3
Just a heads up but people who recommend political candidates are saying that Corrmann has to
'go'. He can take Joe Hockey with him. In the same breath I will add that senior ALPers knew the same
things that Clinton & Obama did in 07 when she used the same Fraud word that US AG Eric Holder did
when he fined Citi $7 billion (and that had $2.5 billion of public housing and mortgage relief in it too btw
- sweet). So the ALP better lift their game too.
Elizabeth Brownlie MYOCUM, VIET NAM
about 1 month ago
Like
3
Banks have operated with a frightening lack of transparency and integrity, in collusion with
financial planners, to sell their products for their own profit. All this with no regard for the needs and
situations of customers, may of whom are now financially ruined. But banks and financial planners keep
their millions of dollars profit from these systemised schemes and re-possess people's houses.
Investigate this!!!
Former Rusted-On Liberal Party member. AUSTRALIA
about 1 month ago
Like
3
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ASIC should be investigated for malfeasance in public office and serve life in chains breaking rocks
in the colonies.
Barry Landa VAUCLUSE, AUSTRALIA
about 1 month ago
Like
3
I am a victim of bank forgery and fraud
Ian Hook AUSTRALIA
about 1 month ago
Like
3
I believe an unjust act was committed against my friend by the bank and advisor
Former Rusted-On Liberal Party member. AUSTRALIA
about 1 month ago
Like
3
Report ASIC to the Vetinary Board - they're are useless as tits on a bull :)
Sharon Taylor AUSTRALIA
about 1 month ago
Like
3
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I have been personally affected and want to see urgent reforms.
roger myttonwatson AUSTRALIA
about 1 month ago
Like
3
we lost our home and 2 investment properties, but we can't seem to get nyone to listen to our plea
for justice. My family requires a Royal Commision to find the cause of this fraud. I was not a part of th
fraud. I am a VICTIM
Tony Burke BANGKOK, THAILAND
about 1 month ago
Like
3
Lost my life savings to LM investment Ponzi fund
Hal Heavenward EUNGELLA, AUSTRALIA
about 1 month ago
Like
3
To bring to light the corruption , and manipulation of the population, by the Banks, courts, and all
corporate entities masquerading as government
Heather Coombe AUSTRALIA
about 1 month ago
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Like
3
Long time friend involved.
jenny boswood AUSTRALIA
about 1 month ago
Like
3
To stop Nab using corrupt/fraudulent methods when assessing loans.
Denise Brailey DOWERIN, AUSTRALIA
about 1 month ago
Like
3
So Bankers collected$100 million in bonuses as reward for running the biggest bank heists ever
seen in Australasia? They crossed the ditch and did the same to NZealanders.
Sebastian Carnemolla AUSTRALIA
about 1 month ago
Like
3
I will like to all people of all state to make mass rally in front of entrance of parliament house, of
Canberra with board sign documents media radio tv & Denise Brailey
Rhonda Davey AUSTRALIA
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about 1 month ago
Like
3
My family had $2million in equity deceptively stolen by Homeloans Ltd and a very friendly and
convincing broker. The bank used a service calculator to estimate our income as $625,000, at the time
both my husband and I were unemployed (but we had equity). Homeloans and the broker fraudulently
sold us the story that this income figure included capital growth !! That was deception. Homeloans failed
to substantiate the income figure with facts, further lies. A Royal Commission is the only way to bring
these criminals to justice.
Roger Corben HUONBROOK, AUSTRALIA
about 1 month ago
Like
3
IT time, this has been going on for too long and too many people have suffered
Stacey Whitelaw AUSTRALIA
about 1 month ago
Like
3
I been caught before
Carol Gram BRISBANE, AUSTRALIA
about 1 month ago
Like
3
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Banks are not above the law and must be held accountable. Pensions should never be in the hands
of banks who,s only interest is to make a PROFIT any way they can. Moral Responsability, Integritty,
Honesty In all dealings. How long since these were "THE NORM" not the "ECEPTION TO THE RULE"
Greg Farley WORONGARY, AUSTRALIA
about 1 month ago
Like
3
I support a ro