A former South Auckland finance company owner convicted of possessing a knife asked a District Court judge for damages of $11.5 million while being sentenced for the crime.
http://www.nzherald.co.nz/nz/news/artic ... d=11502064
I suppose that's true if you call a payday loan company a "finance company", He has somewhat unusual collection methods;
Gavin Marsich, who owned the PayDay Loans money lending service, was found guilty at trial of possessing a knife in a public place, after he held a meat cleaver at his shoulder while telling a client she must repay her loan.
So why is he of interest to us?
Judge Glubb rejected Marsich's claim that the New Zealand jurisdiction didn't apply to him, and dismissed his claim for $11.5 million in damages.
He said the $11.5 million claim for damages was based on the notion he is a "Freeman of the Land" and the law did not apply to him. He said the damages were for defamation.
And that meat cleaver?
Marsich rejected the judge's decision that his home, where he operated PayDay Loans. was a public place. He said the meat cleaver was kept at his desk because he chopped meat at his desk, and he never threatened anyone with it.
It can happen to any busy multitasking executive. You're hacking away at a pig carcass on your desk while discussing the repayment terms on an overdue loan and the next thing you know you're in the slammer.
As far as the loans go that term is incorrect. His webpage denies that he makes anything as money-grubbing as loans. He doesn't run a finance company, he runs;
a Private Exclusive Club of Private Members that fund-raise as a hobby and grant assistance at a cost under a Personal Promise Agreement to people in need of the small necessities to cope with everyday living costs.
Finance companies charge interest but not Gavin! His club makes grants out of the goodness of his heart to help bridge those financially awkward situations where you can't quite make it to the next paycheck. This is for family and friends. They only require a nominal repayment of 150% of the loan (Sorry! Grant, it's a grant!) amount every week.
SHORT TERM OF 1 WEEK ONLY
Request 20, Pay Back 30 Dollars
Request 30, Pay Back 45 Dollars
Request 40, Pay Back 60 Dollars
Request 50, Pay Back 75 Dollars
We DO NOT charge interest, instead we have a one-off weekly marketing KOHA.
Marketing KOHA from 10 TO 25 Dollars or (50% of the Grant amount).
Default or Dishonor Fee of 10 Dollars
Recovery Cost of 50 Dollars
Roll-Over of remaining balances
Sadly I don't qualify for this amazing deal. I don't meet the highlighted criteria;
Must be an Affiliate Referral Member
Must be over 18 years.
Must have 2 forms of Current Photo I.D
Must have a Tenancy Agreement
Must have a Current Bank Statement
Must have a Power or Phone Bill
Must have a Debit VISA Bank Card
Must have an Email Address
Must have income above 250 Dollars Nett (sic) after expenses a week
If you want to see this amazing fellow yourself here is a link to his videos;
https://www.youtube.com/results?search_ ... N+MARSICH+
And links to some of his other websites;
Hurry up and join, don't delay; you could be changing the world in a matter of weeks!