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> In 1999, the Florida attorney general sued to shut down Credit Key Express, saying that it misled customers into thinking they would receive preapproved credi
by klenwell 10y ago
> In 1999, the Florida attorney general sued to shut down Credit Key Express, saying that it misled customers into thinking they would receive preapproved credit cards. (In fact, all they got for their money was a list of banks that might give them credit cards.) Some years after Credit Key Express shut down, the Florida attorney general came after Xacti’s club businesses, claiming that Oesterlund’s companies had again misled customers. According to court filings, they had abused what are known as “negative options”: Customers would provide their credit card number for a “trial offer,” only to be charged a monthly fee, disclosed in the fine print and difficult to cancel.
> Oesterlund had begun exploring how to structure his business to insulate himself not just from taxes but also from future civil litigation. “I want to have in writing a statement,” he wrote to his lawyers in 2011, “that I can no longer be subject to Florida or U.S. law.” Take every step necessary, he added, to “remove myself from the country of Evil.”
> “Women get 10 percent in Russia by law,” Oesterlund wrote back. “In Dubai they get 0 percent.”
> Oesterlund had stopped making mortgage payments on the house in Boca Raton, she later said in court filings, and threatened to evict her mother and disabled aunt from a house they had bought in Wales. He warned Pursglove that he wouldn’t pay any bills until she agreed to a settlement.
Top HN comment: How can I be this guy?