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View Full Version : Contract law pros! I summon thee! But seriously...this dude might be a genius.




AlexAmore
08-09-2013, 01:22 AM
http://finance.yahoo.com/news/russian-man-got-bank-sign-144810926.html


In 2008, Dmitry Agarkov received an unsolicited letter from Tinkoff Credit Systems (TCS) offering the 42-year-old Russian man a credit card with what he found to be unattractive rates.

While most people would have just thrown away the letter, Agarkov decided to do something different. He scanned the contract in the letter into his computer and altered it in his favor, including, for example, a 0% interest rate, no fees, and no credit limit. Moreover, every time the bank didn't stick to these rules, they'd be fined 3 million rubles — $91,000 — which of course would go to Agarkov. If they broke the contract, they'd have to pay Agarkov 6 million rubles ($182,000).

Agarkov's altered contract was, surprisingly, accepted and he received a credit card. "The Bank confirmed its agreement to the client's terms and sent him a credit card and a copy of the approved application form," Agarkov's lawyer Dmitry Mikhalevich told Kommersant this week. Read more at link....

Do you guys think he would have a chance of winning in court if done while in America? If you read the link, the Judge ruled in his favor for part of the contract and the rest will be ruled for in September.

UWDude
08-09-2013, 01:29 AM
Genius.

Imagine all the EULA's and privacy policies we can alter.

And when they try to claim we altered them, we can just say

"you should read documents before you sign them"


LOL!!

Genius!

better-dead-than-fed
08-09-2013, 01:56 AM
Dmitry Agarkov rules.

kcchiefs6465
08-09-2013, 02:05 AM
Made my night.

tod evans
08-09-2013, 04:05 AM
Turned tables, nice!

luctor-et-emergo
08-09-2013, 04:22 AM
Hope he wins.. But since it's Russia I give him a small chance. Litmus test ?
(on the fraud case I mean, it seems like a perfect way to shut him up in some legal way)

Athan
08-09-2013, 07:57 AM
I love this guy!

presence
08-09-2013, 08:01 AM
Love it. Owned.

nobody's_hero
08-09-2013, 12:08 PM
In Russia, customer screws bank.

Warrior_of_Freedom
08-09-2013, 12:09 PM
In Russia, customer screws bank.

In Soviet Russia, customer screws you