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ASIC cracks down on bad apple brokers

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Australian Broker | 29 May 2014, 08:26 AM Agree 0
The third broker to be punished in less than a week is a former NSW-based mortgage broker, convicted of falsifying loan application documents to secure almost $3.8m worth of home loans
  • Dan - Melbourne | 29 May 2014, 09:25 AM Agree 0
    and that same pattern continues....
  • SIDBROKER | 29 May 2014, 11:02 AM Agree 0
    These people are plain crazy to do this stuff. Plain crazy.
  • Andrew | 29 May 2014, 12:01 PM Agree 0
    Yes, Dan, there is a common theme.
    Maybe the penalties need to be harsher for what is fraud.
  • Broker | 29 May 2014, 01:58 PM Agree 0
    Is ASIC also going to crack down on CBA , given yesterdays news regarding the 100 million fraud that also allegedly also involves a CBA mobile lender ,or is that just all too hard for them??

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