Originally posted by Enkindu

Originally posted by Taram

Originally posted by Enkindu

Boy I'm looking forward to saying "I told you so" to everyone I told not to give their ISK to ebank ; )

 

Ebank already covered the losses with their cover funds and still have lots left.  Even after over 150bil was pulled out by people who got nervous because of this. 

 

Like any bank Ebank always keeps enough assets to cover fairly sizeable losses.  They just tapped into it to cover this.  The KIA thing already got covered as well so investors in the bank haven't lost anything.

Reputation is everything however.. don't you think this will have an effect on the long term viability of ebank?

Personally I tend to believe that all player run "banking" in eve is either a scam waiting to happen or profoundly vulnerable to scams.

If people have done well with ebank, more power to em.

Actually I know quite a few people who have several hundred mil a month incomes from their investments in EVE Bank (and other IPO's as well) in fact I know at least one player who pays for both his account just with interest from his investments :)

That said you are correct.  Reputation IS everything and I do think this will hurt Ebank in the short term... long term?  As long as this doesn't happen again (at least for a while) they should be fine.  Personally I don't use Ebank because, as I stated earlier, the ROI isn't high enough for my tastes and it takes too long to get the money back out if you put more than a couple bil in.

But it's been a solid venture for quite some time now.  I believe they do plan to start divesting some of their investors and cutting down on the size of Ebank though so that they can ensure better accountability.  I recall seeing a post from one of their directors about it.

Originally posted by JGMIII

So let me get this straight, the guy that stole all the Isk did it due to RL money troubles?

Eve is only a video game, I guess If I was about to lose my home or car in RL i would do the same.

RL> In game life.

Tbh the guy should have focused more on his RL to avoid his financial situation, That 5k won't last him long in the real world and in a month or so he will be broke and have nothing in game if he doesn't fix his RL situation.

 

supposedly.

but look at it this way.. if you were doing damage control for ebank... which sounds better?  which would draw more empathy from other players and allow you to keep your doors open?

1 the founder of ebank just stole a shitload of isk because... he's a scumbag.

2 the founder of ebank (living in australia i believe) stole a lot of isk because he's hit hard financial times irl...

Originally posted by Enkindu

Originally posted by JGMIII

So let me get this straight, the guy that stole all the Isk did it due to RL money troubles?

Eve is only a video game, I guess If I was about to lose my home or car in RL i would do the same.

RL> In game life.

Tbh the guy should have focused more on his RL to avoid his financial situation, That 5k won't last him long in the real world and in a month or so he will be broke and have nothing in game if he doesn't fix his RL situation.

 

 

Real life is more important than any game to be sure.

But need does not move the line between right and wrong.

Dishonesty is a part of life in eve, but what this guy did was not a part of game mechanics.  It was a sleazy RL move.  At best this guy needs a psychiatrist.

I've never really been able to even 'pretend' dishonesty in eve... I tried to be a pirate a long time ago but the resultant self-loathing ended that before it even started....

And before you tell me "pirating is not dishonest!" I see it as nothing more than killing people you've never met and stealing their stuff.

um, i think you've got the definition of pirating correct.

no one said that douchebags DON'T play eve.

Originally posted by damian7

Originally posted by Enkindu

 Real life is more important than any game to be sure.

But need does not move the line between right and wrong.

Dishonesty is a part of life in eve, but what this guy did was not a part of game mechanics.  It was a sleazy RL move.  At best this guy needs a psychiatrist.

I've never really been able to even 'pretend' dishonesty in eve... I tried to be a pirate a long time ago but the resultant self-loathing ended that before it even started....

And before you tell me "pirating is not dishonest!" I see it as nothing more than killing people you've never met and stealing their stuff.

 

um, i think you've got the definition of pirating correct.

 

no one said that douchebags DON'T play eve.

You'd be amazed at the number of times people have told me "hey man I'm an HONORABLE pirate!"

Originally posted by Enkindu

Originally posted by damian7

Originally posted by Enkindu

 Real life is more important than any game to be sure.

But need does not move the line between right and wrong.

Dishonesty is a part of life in eve, but what this guy did was not a part of game mechanics.  It was a sleazy RL move.  At best this guy needs a psychiatrist.

I've never really been able to even 'pretend' dishonesty in eve... I tried to be a pirate a long time ago but the resultant self-loathing ended that before it even started....

And before you tell me "pirating is not dishonest!" I see it as nothing more than killing people you've never met and stealing their stuff.

 

um, i think you've got the definition of pirating correct.

 

no one said that douchebags DON'T play eve.

 

You'd be amazed at the number of times people have told me "hey man I'm an HONORABLE pirate!"

 

There are people in EvE that take the game way too seriously. because of all the work it takes they don't do well when they get ganked over and over and or get scamed. this is just another example.

i remember when the ebank threads first started on eve-o...

one guy was talking about... "oh a friend of mine was saying how gullible and stupid people are..." and went on and on... the tl:dr version of what he was saying, is that riddic was trash talking offline, about how he could scam everyone out of billions of isk, with ANOTHER bank scam.

he hinted at "the friend" being riddic, so much so, that riddic had one of his emo meltdowns about it.

the guy said "give it time, a year or so probably".

don't know if people remember all that talk.   i know another bank scam, where someone supposedly had real life troubles... was in a hospital after a car wreck.... but no, really, THIS time, the scammer REALLY DID have real life problems.

it's sad, funny, and retarded, all rolled together.

yet, people STILL put billions into ebank.

Originally posted by vader999


Just because its pixels in a game doesnt mean it wont cause deep mental scarring on the victims.

Erm... one would point out that if pixels in a game can cause deep mental scarring on the victims then they have MUCH bigger issues than getting killed by someone in a video game and need to seek serious mental help for whatever it is that is their real issue.

I use DBank, which had it's only scandal a few months back. In your ship the only safe spot is a station, with your ISK it's YOUR wallet. Don't fly what you are not prepared to have blown-up and don't invest which you can not afford to loose.

Since this scandal the idea of CCP creating some sort of NPC/Central Bank has started cropping up (again), personally I think that's a bad idea but wanted to know what others thought of such an idea?

Oh and anyone doing bank runs on EBank and moving those funds to DBank, see'ya at the next Dbank scandal!

Originally posted by Taram

Originally posted by vader999


Just because its pixels in a game doesnt mean it wont cause deep mental scarring on the victims.

 

Erm... one would point out that if pixels in a game can cause deep mental scarring on the victims then they have MUCH bigger issues than getting killed by someone in a video game and need to seek serious mental help for whatever it is that is their real issue.

 

 

At one time I had thought about putting money in  Ebank. Good thing I didnt.

Concord bank anyone? LOL

Originally posted by Elsabolts

This guy who stole all this isk, is he in anyway related to the current administration we have here in the states.

Not our current, but I have good info he is connected with the previous "deregulation is king, free markets ftw, Yay! Wall street!" one, lol!

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Originally posted by DoktorTeufel
CCP purposely turns a blind eye to in-game theft and scams. If someone can infiltrate your corporation, gain your trust, and take a bunch of your stuff, it's theirs. Similarly, if you're the victim of a scam, then it's better luck next time. Hacking into someone's account isn't allowed, of course, but if you can do something within the game to relieve someone of their assets, that person is SOL.
So it may be possible for CCP to take some sort of action against the scammer if he converted the ISK into real-life money, but in all likelihood this would amount to nothing more than account and/or IP banning.
As for the theft itself, there's nothing to be done about it. That's how EVE has always worked.

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BUWAHAHAHAHAAAA !! Virtual Theift? Are you serious? How can a player steal 1's and 0's that never left the game server and are basically part of the code owned by CCP? The worst that could happen to that player would be that his account would be banned by CCP for dealing in RMT services. The act of scamming idiots dumb enough to fork over their in game virtual ISK to another player running a "bank" is not even on the radar of anyone who gives a damn about nerd rage in the real world let alone CCP.

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Originally posted by Gdemami

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Originally posted by DoktorTeufel
Clearly your reading comprehension isn't that great when reading newspapers, either. There has never been a clear-cut case of investor fraud in the United States wherein the authorities didn't investigate, then seek to arrest and prosecute the fraudster(s). Maybe it's different in other countries, or maybe you're too obtuse to realize that there's a difference between losing investments and stealing them.

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Being investigates does not mean being caught...
Let me fix it for you:

In real life, if the CEO of a major investment firm steals the investors' money and flees to Seychelles Islands/input similar country here/, he'll be on the run from the CIA, the FBI, local police, etc. but no one can do damn thing about it.

Scamming in EVE is pretty much the same as in RL, you leave your past behind and hide under new indentity.

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Actually in real life someone who lost everything to a scamming CEO could potentially hunt down that said CEO down and kill him/her. Not saying it's right or anything but someone who bankrupts a lot of people better watch his/her back for the rest of their life. No amount of money will buy them the ability to feel safe and secured when they lay their head down at night.

I think it's hilarious that some people get their panties in a twist over this. I mean, it's in game, right? Caveat Emptor? Many of the whiners will log back into Eve and resume killing, scamming and stealing directly from other players (costing them way more than a sliver of their account balance). How is this different? Maybe some of the whiners now understand how carebears feel. LOL

Hypocrisy.

The guy gets banned for selling isk for real money but CCP does it everyday via selling time cards which then are encouraged to be traded for isk.

Originally posted by RedwoodSap

Hypocrisy.

The guy gets banned for selling isk for real money but CCP does it everyday via selling time cards which then are encouraged to be traded for isk.

Yeah! Legalize moonshine.

Originally posted by RedwoodSap

Hypocrisy.

The guy gets banned for selling isk for real money but CCP does it everyday via selling time cards which then are encouraged to be traded for isk.

umm...... you said it yourself..... players sell GTCs for isk .... not $$..... Quit trollin.

Originally posted by M1sf1t

 

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Originally posted by Gdemami

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Originally posted by DoktorTeufel
Clearly your reading comprehension isn't that great when reading newspapers, either. There has never been a clear-cut case of investor fraud in the United States wherein the authorities didn't investigate, then seek to arrest and prosecute the fraudster(s). Maybe it's different in other countries, or maybe you're too obtuse to realize that there's a difference between losing investments and stealing them.

---

 

Being investigates does not mean being caught...
Let me fix it for you:

In real life, if the CEO of a major investment firm steals the investors' money and flees to Seychelles Islands/input similar country here/, he'll be on the run from the CIA, the FBI, local police, etc. but no one can do damn thing about it.

Scamming in EVE is pretty much the same as in RL, you leave your past behind and hide under new indentity.

---

 

Actually in real life someone who lost everything to a scamming CEO could potentially hunt down that said CEO down and kill him/her. Not saying it's right or anything but someone who bankrupts a lot of people better watch his/her back for the rest of their life. No amount of money will buy them the ability to feel safe and secured when they lay their head down at night.

Not to forget prisontime... I mean somewhere one have to draw a line beetween games and r e a l l i f e. But shure, there is no way to actually kill a person in real life inside a game. Still Misfits point holds true.

WOW. Just as an aside I checked one of the sites that sells ISK. 40,000 million for 2800. So if he managed to sell the ISK before they banned him and got it tranferred he made some giant real life money.

Just wow....