Tag Archives: Commonwealth Bank

Commonwealth Bank’s Brendan French. Is He Australia’s Biggest Bank Fraudster?


Originally posted on Kangaroo Court of Australia The Commonwealth Bank of Australia’s senior executive Brendan French, who is one of Australia’s biggest fraudsters, recently won a defamation case against a whistleblower. This is quite amazing given that it is French’s role at the Commonwealth Bank to cover-up multi-million-dollar fraud and theft by Commonwealth Bank staff […]

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Senate Committee Recommends Royal Commission into ASIC


The recommendation is there but how seriously will it be taken? By General Maddox. (RealNewsAustralia) In a recent article featured here on RNA we showed proof of the continuing fraud going on within the Commonwealth Bank and it’s sub companies that’s been adversely affecting many customers for years. Not only that but the willingness of […]

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CBA Fraud Given Green Light by Industry Watchdogs & Law Enforcement


It appears actual physical evidence of fraud no longer matters to the Queensland Police, Federal Police, ASIC or even the Financial Ombudsman Service when it comes to the big banks.  By General Maddox.  (Real News Australia) What you’re about to read below is sadly not a unique case. There are dozens, if not, hundreds of […]

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Why is CommBank still hiding its derivatives bets?


By Craig Isherwood National Secretary http://www.cecaust.com.au For the second year in a row CBA is hiding its true financial position from the Australian public. The bank’s 2013 Annual Report, like its 2012 edition, fails to disclose the multi-trillion-dollar face value of its betting in off-balance-sheet derivatives. CBA happily discloses “fair value”, because it is a […]

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