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I have seen this a number of times but the money goes to a charitable cause instead.

Oprah Winfrey also pioneered it via television.

Not totally sure why a random stranger would forward you money for procrastinating but that does not mean they won't.

In Europe anyone accepting transactions online is bound by Distance Selling Regulations which means they can demand their money back within 7 days, no questions.

I would factor that little admin nightmare into your business/legal plan.

The 'Distance Selling Regulations' does not apply for "contracts for services where you agreed to the service starting before the seven working days has expired"[1]

[1] http://www.which.co.uk/consumer-rights/regulation/distance-s...

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