77-Year-Old Man Sues Bank Of America Over $10,000 In Undisclosed Fees – Wins

77-year old Peter Gossels won his 8-year lawsuit against Bank Of America for $10,000 in undisclosed fees the bank assessed when he deposited a large check drawn on a German bank. The elderly lawyer argued that the bank failed to disclose the exchange rate when he conducted the transaction.

He might not have won had the bank not accidentally stapled to a deposition a “secret rate sheet” that was handed out to tellers daily and told not to show to customers.

The case cost Gossels well over the disputed value, but he said, “This is the only way banks will learn not to cheat its customers.”

Man beats bank [Boston Globe via Bloggingstocks]
(Photo: meghannmarco)