He lost by winning the lottery, now complains the bank
The French lost a fortune on the stock exchange, which he previously won in the lottery. Now he is suing the bank for damages, claiming, that he was advised badly. French radio told the man's story, who won the lottery seven years ago 900 thousand. euro. Trusting the advisor of the Societe Generale bank, he started to invest the money he won on the stock market via the Internet. Initially, as a result of successful investments, he managed to achieve high profits. So he speculated further, but in 2006 R. happiness had deserted him. Currently, the bank is demanding a refund from the unfortunate person 600 thousand. euro to cover the overdraft on the account, while the player demands from the bank 700 thousand. euro for losses incurred through the fault of the banking advisor. Argues, that he had been poorly advised and not warned in time of the pitfalls of the stock market. – My client invested up to a million euros in joint-stock companies a month. The bank charged appropriately high commissions on these transactions – convinces the lawyer of an unlucky stock exchange player. Currently, the man is unemployed, and he had nothing left of all his possessions. This year, Societe Generale was very famous, when it came out, that one of his brokers, Jerome Kerviel exposed him to losses of almost five billion euros, by making arbitrary speculative transactions.
Kerviel maintains, that his bank superiors realized this, what he did and tolerated risky trades, as long as they brought money.
