"Australia’s five largest lenders estimate there may be $4bn of fraudulent mortgages that have purchased homes in Australia." 😱😱😱
"One example is Andrew W. Hu, the alleged ringleader of a fraudulent loan outfit dubbed the Penthouse Syndicate, was a former NAB and CBA banker who was sacked by CBA in 2022 after the bank found irregularities in loan applications linked to him." AFR 28 June 2026
Unfortunately, there's a slither of fraud found in home and investment loans - and that's where good brokers like Truly Finance come into play. We work within the [very complex] rules we're governed by, and keep doing the right thing.
✨ Doing the right thing is always the right thing to do ✨
We welcome steps to combat, clean up and prosecute negative players in the finance industry, especially where fraud is concerned.
Truly's advice, financial services and property strategies are complimentary. We do this for the best interests of our clients and we relentlessly strive to serve as the best mortgage brokers in Australia with uncommon excellence!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0449 659 029
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
Dragan Disljenkovic. BD & Relationship Manager ☎️ 0422 435 900
Credit Representative Numbers 521733, 550284 & 547037 are authorised under Australian Credit Licence 389328
