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-   -   Couple withdraws money, flees after bank error puts $6 million in their account (https://www.revscene.net/forums/576434-couple-withdraws-money-flees-after-bank-error-puts-%246-million-their-account.html)

SumAznGuy 05-21-2009 01:51 PM

Quote:

Originally Posted by Manic! (Post 6431679)
The store does not have to sell it to you for the lower price.


Yes they do, in BC. It's the law.

Psykopathik 05-21-2009 02:00 PM

Quote:

Originally Posted by SumAznGuy (Post 6431762)
Yes they do, in BC. It's the law.

i always though prices were "an invitation to buy" however the store has the right to refuse service, do they not? maybe citing price error/typo etc.

EG: Staples and Futureshop's BS

liu13 05-21-2009 02:26 PM

moving to Thailand or the Philippines somewhere tropical, chill out and fly friends and family over whenever they have vaca time

twitchyzero 05-21-2009 02:39 PM

Quote:

Originally Posted by Turbo E (Post 6431773)
i always though prices were "an invitation to buy" however the store has the right to refuse service, do they not? maybe citing price error/typo etc.

EG: Staples and Futureshop's BS

thats correct
they save their asses with exceptions

Shun Izaki 05-21-2009 02:52 PM

6 mill is nothing... you can't live your life on that! :P

i'd at least need 16 million dollars, so that my money could perpetually MAKE money for me.

InvisibleSoul 05-21-2009 03:18 PM

Quote:

Originally Posted by SumAznGuy (Post 6431762)
Yes they do, in BC. It's the law.

No, it's not.

Many of the stores like Superstore, Wal-Mart, Zellers, Shopper's Drug Mart, etc. participate in the Scanning Code of Practice (SCOP), where if an item rings up at a higher price than what it says on the shelf or elsewhere, then they are obligated to give you the lowest stated price. SCOP is a voluntary program that stores can adhere to, but it is not the law.

hk20000 05-21-2009 03:32 PM

6 mills all stored in a tax free savings account makes quite a good lumpsum for your spending.

So now you can work as a "hobby" instead rofl

Armind 05-21-2009 03:38 PM

I want =(

johny 05-21-2009 03:45 PM

did the bank give them 6 mill into their acount?, or give them a 6 million overdraft limit??...

if the 2nd, they did nothing illegal, but are going to have a huge interest bill when they are found and have to pay the "loan" back.

way2quik 05-21-2009 03:48 PM

One of the employees accidentally deposited $250,000 in my account one day and immediately I got a call telling me they made a mistake. It was for someone else. My 5 seconds of joy right there.

nipples 05-21-2009 05:37 PM

Quote:

Originally Posted by InvisibleSoul (Post 6431875)
No, it's not.

Many of the stores like Superstore, Wal-Mart, Zellers, Shopper's Drug Mart, etc. participate in the Scanning Code of Practice (SCOP), where if an item rings up at a higher price than what it says on the shelf or elsewhere, then they are obligated to give you the lowest stated price. SCOP is a voluntary program that stores can adhere to, but it is not the law.

regardless of the sop the company uses, it still violates the comeptitin act of consumer law. they must take the lower of the two visibly legible prices.

[edit] i believe some places like shoppers n stuff follow it to a Tee where items under 5? 10? something that the price error results in the item being free of charge by way of an immediate rebate

nipples 05-21-2009 05:38 PM

but yeah, i'm wondering what kinda atm or bank teller gave em the money. you'd have to take a large chunk of that to make it worth while to leave. i need to find a bank like that

Razor Ramon HG 05-21-2009 05:39 PM

This reminds me shit I saw in the Bourne trilogy.

Gt-R R34 05-21-2009 05:42 PM

Quote:

Originally Posted by InvisibleSoul (Post 6431875)
No, it's not.

Many of the stores like Superstore, Wal-Mart, Zellers, Shopper's Drug Mart, etc. participate in the Scanning Code of Practice (SCOP), where if an item rings up at a higher price than what it says on the shelf or elsewhere, then they are obligated to give you the lowest stated price. SCOP is a voluntary program that stores can adhere to, but it is not the law.

nipples is right,

http://www.cb-bc.gc.ca/eic/site/cb-b...g/h_00148.html

I've been told countless times, whatever they have label, they have to sell it to you at the price. They can change it right after though.

nipples 05-21-2009 06:08 PM

Quote:

Originally Posted by twitchyzero (Post 6431809)
thats correct
they save their asses with exceptions

it's not really an exception. it depends on the medium. if the price was in a catalogue type of thng where it states that prices are subject to error blah blah blah and the issue a correction. But if you're in the store and see the price is totally wrong while still advertising the correct item, they've gotta do it.

But it's been my experience that they usually err on the HIGHER side of things, or they didnt have it in my size.

Manic! 05-21-2009 06:15 PM

Quote:

Originally Posted by Gt-R R34 (Post 6431996)
nipples is right,

http://www.cb-bc.gc.ca/eic/site/cb-b...g/h_00148.html

I've been told countless times, whatever they have label, they have to sell it to you at the price. They can change it right after though.

Sweet I'm going to FS and put a $5 price tag on a new plasma TV and then get my buddy to go in and buy it.

If the store won't sell it to you at a lower price what are you going to do call the cops?

InvisibleSoul 05-21-2009 06:25 PM

Quote:

[edit] i believe some places like shoppers n stuff follow it to a Tee where items under 5? 10? something that the price error results in the item being free of charge by way of an immediate rebate
That is part of the Scanning Code of Practice.

For those that participate in SCOP, if the item is $10 or less, you are entitled to receive the item free. If the item is over $10, you are entitled to receive $10 off the purchase price.

InvisibleSoul 05-21-2009 06:27 PM

Quote:

Originally Posted by Gt-R R34 (Post 6431996)
nipples is right,

http://www.cb-bc.gc.ca/eic/site/cb-b...g/h_00148.html

I've been told countless times, whatever they have label, they have to sell it to you at the price. They can change it right after though.

Which clause there states that?

nipples 05-21-2009 06:32 PM

It's called double ticking? double ticketing? something liek that.
you can google it

nipples 05-21-2009 06:33 PM

http://laws.justice.gc.ca/en/showdoc...chorbo-ga:l_VI

nvm. found it. section 54

JSALES 05-21-2009 06:38 PM

wow, i wish i'd go to the bank some day and find that much cash. almost like that guy in the movie eagle eye

fliptuner 05-21-2009 07:29 PM

Quote:

Originally Posted by johny (Post 6431914)
did the bank give them 6 mill into their acount?, or give them a 6 million overdraft limit??...

if the 2nd, they did nothing illegal, but are going to have a huge interest bill when they are found and have to pay the "loan" back.

That's exactly what I was thinking.

nipples 05-21-2009 08:20 PM

^ LOL
6M at say 5% interest is only 25k a year LOL

InvisibleSoul 05-21-2009 09:36 PM

Quote:

Originally Posted by nipples (Post 6432079)

Quote:

54. (1) No person shall supply a product at a price that exceeds the lowest of two or more prices clearly expressed by him or on his behalf, in respect of the product in the quantity in which it is so supplied and at the time at which it is so supplied,

(a) on the product, its wrapper or container;
(b) on anything attached to, inserted in or accompanying the product, its wrapper or container or anything on which the product is mounted for display or sale; or
(c) on an in-store or other point-of-purchase display or advertise ment.

(2) Any person who contravenes subsection (1) is guilty of an offence and liable on summary conviction to a fine not exceeding ten thousand dollars or to imprisonment for a term not exceeding one year or to both.
There must be more to this. There is no way it can be that cut and dry. So anytime there is a price mistake, they have to abide by it? There's no possible way.

If going by those clauses to the very word, nowhere does it say they have to sell it to you at the lower price. It just says they can't sell it to you at the higher price. But that means they reserve the right to not sell it to you at all.

If that is the case, then after they have removed any incorrect signs showing the lower price, then they can sell it to you at the higher price, and they would not be in violation of section 54.

I dunno... that's how I see it.

Manic! 05-21-2009 09:40 PM

Quote:

Originally Posted by nipples (Post 6432209)
^ LOL
6M at say 5% interest is only 25k a year LOL

You need to recheck your math.


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