This is Gold!! Why didnt I think of this.
http://www.smh.com.au/money/borrowing/judge-backs-customers-…
Judge backs customer's credit card scam
earths_pacifist on 09/08/2013 - 12:25
Comments
The bank must be Tink'd-Off
Doesn't sounds like fraud to me at all, though I don't know about the law in Russia.
He did not try to obscure the extra terms and conditions and by adding those, he made a contractual offer of his own. By the bank signing it, they have agreed to those additional terms and conditions.
Totally agree. And I think if the bank ends up winning anything in regard to this then it sets a precedent for all their customers to say that they did not read the fine print and cannot be held responsible either.
Non est factum.
Non est factum cannot be claimed by the Bank as it was negligent of them not to read it and I doubt they could make any reasoning as to why they didnt. So if they win anything on appeal it sets a precedence.
By going through the legal system, it's extremely likely that he will be convicted of fraud - more likely an overturned legal action and to pay the bank's court costs.
But, a contract's a contract. I object to the article referring to it as a scam, it's completely legitimate.
That's gold, Jerry! Gold!
i hope this guy wins
what a legend =]
gonna do this with all my contracts now!Likely scenario, this guy will "disappear" (end)
Unless it was signed as a deed, there would need to be consideration for the bank to be enforceable right?
gee he was an idiot, why didn't he add a clause in there saying the bank had to pay him an annual fee and pay him 20% interest on all of his purchases?
the mention of fraud at the end is a bit worry though …