Man Whose Smartphone Got Stolen Forced to Pay Bank Loan He Did Not Take

A Russian man is taking a bank to court for forcing him to pay interest on a loan he never asked for, after fraudsters used his stolen smartphone to take out the pre-approved loan in his name.

Vladimir Volokhovich, from Moscow, has been making news headlines in his home country of Russia after finding himself right in the middle of an unusual scandal. Volokhovich is being asked by the Russian branch of Alpha Bank to pay up a pre-approved loan taken up by fraudsters in his name, using his stolen mobile phone. Not only did the scammers manage to transfer part of the funds to their accounts, but the interest on the loan Vladimir never asked for is adding up every day. The bank, however, refuses to cancel the loan, claiming that Vladimir should have reported his smartphone as stolen sooner.

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Chinese Parents Take Wealthy Son to Court For Not Taking Care of Them

An elderly couple from China’s Henan province took legal action against their own son for neglecting his duty of financially supporting them.

Filial piety isn’t that important of a notion in the Western world, but in China it’s a big deal. Failing to take care of your elderly parents is actually considered a legal offense both in China and in other countries with large Chinese communities, like Singapore or Taiwan. It’s actually not uncommon for parents to sue their offspring for neglecting them in their old age, and while most reconcile their differences before having punitive measures enforced, some don’t and police, revenue service and banks have to get involved. Such was the case of an elderly couple whose son flat out refused to support them even after being ordered to by a judge.

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$517,000 Rock, Paper, Scissors Debt Ruled Invalid by Canadian Court

Two Canadian men wagered a whopping $517,000 on three simple games of Rock, Paper, Scissors. Now a court ruled that the loser doesn’t have to pay up.

It’s unclear how Edmund Mark Hooper and Michel Primeau ended up playing a simple hand game for over half a million dollars in January 2011, but what we do know is that the former lost at least two of the three games they played, and had to take out a mortgage on his house to pay off the debt.  Can you imagine telling your wife you have to mortgage the house because you lost over $500,000 at rock, paper, scissors? Luckily for him, a court cancelled the mortgage contract in 2017, on grounds that the amount wagered was excessive.

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Japanese Model Divorces Husband One Week into Marriage, After Being Told to Spend Less

Japanese model Kato Sari recently finalized her divorce from her husband, after getting separated from him just a week into their marriage, due to her uncontrolled money spending habits.

29-year-old Kato Sari has always been known for her luxurious lifestyle and love of expensive fashion brands, but her husband never imagined that her spending habits would end up putting his businesses at risk. The unnamed real-estate businessman reportedly started dating the model in May of 2019, and in the three and a half months before the pair tied the knot, she had managed to spend about 1 billion yen ($9.1 million) of his money. Still, the man went through with the wedding, but during the first week of their marriage, he allegedly told Sari to slow down her spending, as his businesses weren’t fairing very well. That didn’t sit too well with her, so she asked for a divorce.

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Japanese Billionaire to Donate $9 Million to Random Twitter Followers to See If Money Makes Them Happier

A Japanese billionaire has announced plans to donate a billion yen (about $9 million) to 1,000 of his Twitter followers in an intriguing social experiment designed to show how money affects people’s lives.

On January 1st, Yusaku Maezawa, founder of Japan’s largest fashion retail website, tweeted that he would be giving away 1 billion Japanese yen ($9.1 million) to 1,000 random people, as part of an effort to find out if money really can buy happiness. All people had to do for the chance to win $9,118 was follow and ‘retweet’ him before January 7. At the time of this writing, Maezawa’s Twitter post announcing the giveaway had been retweeted over 4.5 million times.

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Scorned Investors Want to Exhume Dead CEO Who Took Password to Millions in Bitcoin to the Grave

The unexpected death of 30-year-old Gerald Cotten, CEO of Canadian cryptocurrency exchange QuadrigaCX, sent shock waves through the whole crypto currency last year, especially as he took the password to about $163 million USD in bitcoin to the grave with him. But now investors want his body exhumed to confirm Cotten’s identity and cause of death.

In January of 2019, QuadrigaCX announced that its 30-year-old founder and CEO had died about a month earlier, due to “complications with Crohn’s disease” and that he had taken the password to at least 180 million Canadian dollars ($137 million) in cryptocurrency with him. Following the shocking revelation, QuadrigaCX was forced to close and applied for creditor protection with the Nova Scotia Supreme Court, while roughly 76,000 people were struggling to come to terms with the loss of their cryptocurrency. Some still haven’t been able to do that, as evidenced by their recent request to have Cotten’s body exhumed and his cause of death confirmed.

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Would You Pay Thousands of Dollars Just to Let People Know You Have Money to Burn?

In what could be described as a very expensive social experiment, a young IT professional has created a website that allows people to upload a picture if they pay at least $1,000 for the privilege. Think of it as a status symbol, a way to show the world you have money to burn.

The “Golden Price Tag” brand has been doing the rounds online for the last couple of weeks, and for good reason. The controversial website and its corresponding Instagram page are proposing something that most people would consider outrageous – paying obscene amounts of money for the opportunity to upload a photo just so anyone could see that you did and exactly how much you paid for it. So basically, if you pay a minimum of $1,000 the site will upload your photo and display how much you paid for the feature. It’s a concept so extreme that it puts even social networks like Rich Kids to shame.

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Businessman Sues Mistress to Recover $2 Million He Willingly Gave Her

A Singapore-based businessman has attracted some unwanted media attention after it was reported that he sued his mistress in order to recover $2 million he allegedly loaned her. The problem is she says the money was a gift, so she doesn’t want to give it back.

Toh Eng Tiah, the 55-year-old owner of several recycling businesses, met 33-year-old property agent Angelina Jiang in November of 2016, and the two became romantically involved, even though Mr. Toh was married at the time. Between December 2016 and March 2017, the Singaporean businessman allegedly paid Ms. Jiang around $1 million, of which at least $819,000 was used to pay her credit card bills and living expenses. Interestingly enough, in March of 2017, the two signed a loan agreement for $2 million, including the money already paid, as well as another $872,000. The young property agent claims that the loan was only a ruse to trick Mr. Toh’s wife into thinking he was only loaning her money, but in fact it was a gift. However, the businessman says the loan was real and he wants his money back.

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Mysterious Benefactor in Germany Has Donated Over $220,000 in Cash to Charity

Since the beginning of the year, a mystery donor in the German city of Braunschweig has given away several ‘miracle bags’ containing over 200,000 euros in cash to various charities.

The bags, each stuffed with banknotes worth between 20,000 and 100,000 euros, started appearing at the Braunschweiger Zeitung newspaper headquarters earlier this year, with specific instructions of which local charities the money should go to. The latest one, a bag containing 100,000 euros in two hundred €500 euro bills, was received last Monday along with instructions that it be donated to a local hospice, but other miracle bags have gone to churches, organizations helping crime victims, and several other causes.

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Florida Woman Arrested After Leaving $5,000 Tip Using Boyfriend’s Credit Card to Get Back at Him

What appeared as an amazingly generous gesture turned out to be an act of revenge, after a Florida woman left a $5,000 tip to a waitress using her boyfriend’s credit card to get back at him after an argument.

24-year-old Serina Wolfe was arrested on Monday on a felony theft charge for allegedly using her boyfriend’s credit card to leave an unusually generous $5,000 tip, or 10,000% of her total bill, at the Clear Sky Cafe in Clearwater Beach, on June 27. The waitress initially thought that Wolfe was simply incredibly generous, but later learned that the 24-year-old had gotten into an argument with her boyfriend and used his credit card just to take revenge on him.

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China’s Amazing “Human Money Counting Machines”

Money counting machines have been a staple of banks all around the world for decades now, and China is no exception, but here bank tellers still practice their banknote counting skills every day, and some of them can really give those automated counters a run for their money.

Videos of Chinese bank tellers showing off their amazing money counting skills have been doing the rounds online for a long time, and for good reason. There’s something oddly satisfying about watching someone breeze through a wad of cash in mere seconds, but if you go deeper down this rabbit hole, you’ll find that there’s a whole lot more to Chinese banknote counting, including several techniques, one more impressive than the other, and even a popular TV contest in which money counting champions of different banks compete for the title of fastest and most accurate “human banknote counting machine” and the bragging rights that come with it.

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Father Faces “Social Boycott” for Dropping Off Son to School in Ferrari Sports Car

A Chinese man has been excluded out of a parents WeChat group and accused of flaunting his wealth by dropping his son off to school in an expensive Ferrari 488 sports car.

The man, surnamed Li, is a senior executive in an property development company in in Hangzhou, China, and has the habit of taking his junior pupil son to school in a Ferrari 488. This didn’t sit to well with the parents of the other kids in his son’s class, and Li was recently told by a teacher that he had received complaints about it. Apparently, some of the other parents were worried that it would lead to unhealthy comparisons between the kids in class and prevent them from developing fellowship. The man didn’t agree so they all shunned him, and even excluded him from their WeChat group.

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Man Buys Luxury Car with Nearly One Tonne Worth of Coins

A man recently caused havoc at a car dealership in Tongren City, China, after turning up with a truck full of coins to buy a 480,000 yuan ($70,000) BMW.

The unnamed man apparently used to work as a bus driver and collected the coins during his many years on the job. Only instead of regularly exchanging them for larger denomination banknotes, he just kept them in his home, hoping to some day spend them on the car of his dreams. After seeing a new BMW that he really liked, the man decided that the time had come to exchange his sizable fortune for it, but only then realized that he had never even counted the coins. So he called some friends over and they spent four days counting them before loading them up in crates and driving to the car dealership.

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Man Fakes Mugging, Slashes His Own Arms to Avoid Buying Girlfriend Expensive Car

Men often go to great lengths to fulfill their loved ones’ wishes, but this story is a bout a guy who went to extremes to ensure that he wouldn’t have to fulfill a promise he had made to his girlfriend, while at the same time making sure that she didn’t blame him for it.

Earlier this month, a man surnamed Tang, from Chengdu, China, promised his girlfriend that he would buy her a brand new luxury car, and she made sure to constantly remind him of his promise ever since. The problem was that Tang didn’t have the money, and with time running out, he had to come up with a way out of this mess that he had put himself in. His solution, though undoubtedly original, was pretty extreme.

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Chinese Man Faces Prison Time After Squandering $36 Million to Satisfy Hot Girlfriend’s Desires

Zhang Xiaoen, the son of a successful businessman from Hangzhou, China, is facing prison time after borrowing tens of millions of dollars to satisfy the needs and desires of his beautiful and allegedly manipulative girlfriend.

Growing up as the only child of a wealthy Chinese family, 29-year-old Zhang was accustomed to luxury and spending large sums of money on anything he desired. But even his family’s substantial financial resources were apparently insufficient when it came to satisfying the desires of Yang Yizhen, the young woman who became his girlfriend two years ago. An online influencer, livestreamer and freelance model, Yizhen was reportedly the light of Zhang’s eyes, and he spared no effort in making sure that she was happy. Unfortunately, even for a rich boy like him, Yang’s needs were apparently too much to handle.

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