Russian Man Owns Bank By Altering Credit Terms

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O-Trap's avatar

O-Trap

Chief Shenanigans Officer

14,994 posts
Aug 9, 2013 1:21 AM
Classic case where unsolicited mail comes back to bite the sender in the ass.


I love it!
Aug 9, 2013 1:21am
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Aug 9, 2013 3:53 AM
So he basically concocted a fake document and it held up in court? Solid work.
Aug 9, 2013 3:53am
Azubuike24's avatar

Azubuike24

Senior Member

15,933 posts
Aug 9, 2013 8:09 AM
How is it a fake document? It was just as real as garbage all of us get in the mail on a daily basis.
Aug 9, 2013 8:09am
M

MontyBrunswick

Aug 9, 2013 8:10 AM
wildcats20;1484418 wrote:So he basically concocted a fake document and it held up in court? Solid work.

No, he amended the contract they had sent him in the first place. The drone at the bank didn't check it when the application came back and agreed to the terms he had changed.

He's basically giving them a dose of their own medicine.
Aug 9, 2013 8:10am
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Aug 9, 2013 8:40 AM
As someone who works for a bank...that's awesome lol

Although I was reading that article, and thinking how much money he was getting (24 million rubles, 6 million rubles, etc.) then it was just a couple hundred thousand in US$. Weak
Aug 9, 2013 8:40am
Q

queencitybuckeye

Senior Member

7,117 posts
Aug 9, 2013 10:01 AM
If he's really lucky, he'll see his next birthday.
Aug 9, 2013 10:01am
Fly4Fun's avatar

Fly4Fun

Senior Member

7,730 posts
Aug 9, 2013 10:09 AM
The smart thing he did was not abusing the card and trying to buy whatever. It seemed like he was just reasonable and just used it as a free no-interest loan any time he needed it.
Aug 9, 2013 10:09am
Scarlet_Buckeye's avatar

Scarlet_Buckeye

Senior Member

5,264 posts
Aug 9, 2013 10:10 AM
Sounds like he hasn't "gotten away with it" just quite yet. If you read all the way to the end of the article, it sounds like there's still a chance this man can go to prison for fraud.
Aug 9, 2013 10:10am
derek bomar's avatar

derek bomar

Senior Member

3,722 posts
Aug 9, 2013 12:41 PM
I'm not a lawyer, but this seems like he's going to jail. Still awesome though.
Aug 9, 2013 12:41pm
lhslep134's avatar

lhslep134

why so serious?

9,774 posts
Aug 9, 2013 1:30 PM
Scarlet_Buckeye;1484527 wrote:Sounds like he hasn't "gotten away with it" just quite yet. If you read all the way to the end of the article, it sounds like there's still a chance this man can go to prison for fraud.
I'd be more concerned with the Russian bank hiring a hit man to take him out
Aug 9, 2013 1:30pm
W

WebFire

Go Bucks!

14,779 posts
Aug 9, 2013 2:27 PM
I don't think he'll be charged with fraud. At most, his amendments to the contract will be deemed illegal and he'll have to pay the debt.
Aug 9, 2013 2:27pm
G

gut

Senior Member

15,058 posts
Aug 9, 2013 2:42 PM
WebFire;1484686 wrote:I don't think he'll be charged with fraud. At most, his amendments to the contract will be deemed illegal and he'll have to pay the debt.
Yeah, not sure how it plays in Russia, though. In the US, I'd assume whatever changes he tried to make are null and void when he accepts the CC and begins using it. I'm reasonably certain when you activate a CC that the fine print says the enclosed terms and conditions override any other agreement, expressed or implied.

I don't think it matters what conditions you attempt to attach to an APPLICATION for credit, it's not a contract or offer and your approval is still subject to whatever terms the bank attaches to what you're approved for.
Aug 9, 2013 2:42pm
S

steubbigred

Senior Member

1,392 posts
Aug 9, 2013 7:21 PM
:thumbup: great
Aug 9, 2013 7:21pm