highly popular story
about a Russian man who had changed the fine print in his credit
card agreement and is nowsuing the bank, developed further today as
the bank's owner weighed in.
OlegTinkov . Photo from his
Oleg Tinkov , the head of Tinkoff Credit Systems bank (he also
holds a 61% stake in the company)
on the story via Twitter:
"With regards tothe man fromvoronezh , our lawyers say that he'll
be awarded not 24 million but a whole 4-year sentence for fraud.
now it's the matter of principle for
"It's time to stop this 'diamond dream' and daydreams about 24
million. Nobody will win anything from us, that's just a dream to
"Oh my god, what a country! You treat fraudsters as heroes," he
on Twitter, referring to Russia.
Russian media outlet RIA Voronezh, which was first to break the
quoted the bank as stating
that the incident happened due to a technical failure and the
amount of the lawsuit totaled just 900,000 Russian rubles (about
$27,000), not 24 million rubles.
The lawyers on the plaintiff's side noted that the 24-million-ruble
figure was the amount of the compensation they had asked for to
settle the case before going to court. The amount being disputed
was reduced to avoid much higher judiciary fees, which would have
been triggered if the figure passed the 1-million-ruble mark. They
noted that if they were to win this case, they would follow this
suit with a claim for a larger amount and would expect an
Agarkov and his lawyers
were also disappointed
to see that the bank representatives publicly called Agarkov a
fraudster and expect both the bank and Tinkov to apologize for the
"We're surprised that a person was accused in a felony and even
provided with his alleged jail term without a decision from a
court," said Dmitry Mikhalevich, Agarkov's lawyer.
And if the bank doesn't retract its accusatory statement, it might
have another lawsuit on its hands, they warned. "It's courts that
still pass judgments in Russia, not bankers," said the lawyer.
Dmitry Agarkov (his surname was previously reported by Russian
Media as Alexeev for privacy reasons), from Voronezh, Russian
Federation, is hoping to win 24 million Russian rubles (about
$727,000) in compensation after he handcrafted a new agreement for
a credit card offer sent to him in the mail, much like the offers
Americans receive daily from
). Agarkov's re-written agreement was signed and recognized by the
the full story here