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The German Federal Court of Justice in the southwestern city of Karlsruhe said on Tuesday that clients, and not banks, are responsible for money lost in online phishing scams.
The country’s highest civil court ruled that in the case of a German retiree who lost €5,000 ($6,608) in a bank transfer fraudulently sent to Greece, the man was negligent, and was therefore liable to pay the amount lost. In 2010, Germany’s Federal Criminal Police Office (BKA), received over 5,000 reports of phishing, a huge rise over the previous year.
"The plaintiff argued that the bank had a duty to protect its customers from the abuse of these codes," The Local reported. "But the federal court upheld previous judgements by the district and state courts, agreeing with the bank’s argument that the customer should bear responsibility for falling for the con."
Can you imagine where this road ends? .... "What money? You no longer have an account here." And where do you go? Not to court. It's your problem.
Originally posted by Unity_99
WOW! Basically this is Germany, and citizens there are going to have to find a way to overturn this, and demand their leaders do so, and we have to ensure this Highway Robbery doesnt occur here. It could even be the banks in cohoots with corporate theives or any corrupt group, the mafia police chief say, or your criminal mayor.
I hope that citizen is NOT STANDING FOR THIS AND IS MAKING A HUGE FIRE/NOISE/STINK THAT WILL MAKE HIS COUNTRY DUCK AND DODGE.
I would ensure that court knew they werre going to lose their jobs and every chance of their retirement funds by the time I was through with them.edit on 25-4-2012 by Unity_99 because: (no reason given)