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Virtual bank president embezzles virtual money in online game

Posted on July 02, 2009

Facing real world debts, a trusted figure in a popular online game stole money from the virtual bank he ran and exchanged it for cash through the black market, Reuters reports.It happened in EVE Online, where more than 300,000 subscribers pay US$15 a month to play. They gain wealth through hard work, manipulating the market, or killing rivals in a distant future where humans have colonized the stars in an online game similar to World of Warcraft and Second Life.EBank, EVE's largest player-run financial institution which has thousands of depositors, is at the center of the scandal. The CEO of E...

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Tags:
currency , game , tech
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