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Tildes own
Aliastra
Posted - 2009.06.10 14:31:00 - [1]
 

http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1094517

tl;dr:

Ridic made off with 200b which is around 8% of EBANK's worth, sells it for RL cash and gets banned.
TBH I'm suprised it took Ricdic this long, I swear I remember talk about him ripping off other people and **** like that before this. Still, only 200bil out of the 2.3 trillion ISK that EBANK had in storage, that's pretty poor considering he was the CEO of the bank.

Thoughts?

Tildes own
Aliastra
Posted - 2009.06.10 14:34:00 - [2]
 

welp looks like he actually approved an unsecured loan of 275b, presumably to someone he knew/an alt, before he left them.
That's pretty funny.

Sader Rykane
Amarr
The Dark Space Initiative
Revival Of The Talocan Empire
Posted - 2009.06.10 14:51:00 - [3]
 

Honestly, If this isn't a big joke then I would say that Eve is worse off for this happening. It's just imaginary money, I mean I'm sure Ricdic was already plenty rich. What does he need 300 billion for?

It's really not very funny, it's actually kind of pathetic.

Dariah Stardweller
Gallente
NO U111 Enterprises
Posted - 2009.06.10 14:57:00 - [4]
 

Originally by: Sader Rykane
Honestly, If this isn't a big joke then I would say that Eve is worse off for this happening. It's just imaginary money, I mean I'm sure Ricdic was already plenty rich. What does he need 300 billion for?

It's really not very funny, it's actually kind of pathetic.

Selling it for RL cash? There are ppl getting mugged for 50 bucks, 300 billion isk is worth way more...

Anastasia Heron
Amarr
Ricercar Astral Research
Posted - 2009.06.10 15:05:00 - [5]
 

Edited by: Anastasia Heron on 10/06/2009 15:08:14
Neither Ricdic nor anyone else on the Ebank board or staff benefitted from the loan that was defaulted on. The money was not loaned to his alt or any RL contact. It's just a big loan gone wrong.

Also, FWIW, he got about AUS$7,000, about $5,300 American or 4,000 Euros, if I recall correctly.


Sader Rykane
Amarr
The Dark Space Initiative
Revival Of The Talocan Empire
Posted - 2009.06.10 15:09:00 - [6]
 

Originally by: Dariah Stardweller
Originally by: Sader Rykane
Honestly, If this isn't a big joke then I would say that Eve is worse off for this happening. It's just imaginary money, I mean I'm sure Ricdic was already plenty rich. What does he need 300 billion for?

It's really not very funny, it's actually kind of pathetic.

Selling it for RL cash? There are ppl getting mugged for 50 bucks, 300 billion isk is worth way more...


assuming $15 for 400 mil. Thats around $11,000.


$11,000 is a lot of money? Since when? Lets not forget that is more than likely that CCP keeps an eye on large isk transfers. It's hard to believe that he would be able to change all that isk into RL money before he was ban hammered.


sir gankalot
Posted - 2009.06.10 15:19:00 - [7]
 

Originally by: Sader Rykane
Originally by: Dariah Stardweller
Originally by: Sader Rykane
Honestly, If this isn't a big joke then I would say that Eve is worse off for this happening. It's just imaginary money, I mean I'm sure Ricdic was already plenty rich. What does he need 300 billion for?

It's really not very funny, it's actually kind of pathetic.

Selling it for RL cash? There are ppl getting mugged for 50 bucks, 300 billion isk is worth way more...


assuming $15 for 400 mil. Thats around $11,000.


$11,000 is a lot of money? Since when? Lets not forget that is more than likely that CCP keeps an eye on large isk transfers. It's hard to believe that he would be able to change all that isk into RL money before he was ban hammered.


yes, that's obviously why there are no bots in EVE, no market bots, no mining bots and no mission/ratting bots either. Time to wake up m8.


Davinel Lulinvega
Posted - 2009.06.10 15:28:00 - [8]
 

Originally by: Sader Rykane
assuming $15 for 400 mil. Thats around $11,000.


$11,000 is a lot of money? Since when? Lets not forget that is more than likely that CCP keeps an eye on large isk transfers. It's hard to believe that he would be able to change all that isk into RL money before he was ban hammered.

Lol wut?
Yeah, that's pocket change man.

Lukriss
Caldari
Notorious Legion
Tactical Narcotics Team
Posted - 2009.06.10 15:37:00 - [9]
 

I'd gladly be permabanned from eve for $11000

Tildes own
Aliastra
Posted - 2009.06.10 15:41:00 - [10]
 

Yeah pretty much, it's a nice going away present. I would take a few thousand quid to be permabanned from EVE.
From what I can work out, 500bil would be worth around $12k too.

sir gankalot
Posted - 2009.06.10 15:41:00 - [11]
 

Originally by: Davinel Lulinvega
Originally by: Sader Rykane
assuming $15 for 400 mil. Thats around $11,000.


$11,000 is a lot of money? Since when? Lets not forget that is more than likely that CCP keeps an eye on large isk transfers. It's hard to believe that he would be able to change all that isk into RL money before he was ban hammered.

Lol wut?
Yeah, that's pocket change man.
Well, the US dollar is hardly worth more than toilet paper these days and bound to get even less valueable since China is showing more and more signs of letting the dollar go, so I guess he's anticipating on that. Laughing

Tsubutai
The Tuskers
Posted - 2009.06.10 15:42:00 - [12]
 

Originally by: Sader Rykane
$11,000 is a lot of money? Since when?



Uh, $11,000 is around 20% of the average American household income per annum. It all depends on your perspective, but yes, to a lot of people (myself included), it's a lot of money.

Dariah Stardweller
Gallente
NO U111 Enterprises
Posted - 2009.06.10 15:43:00 - [13]
 

Originally by: Lukriss
I'd gladly be permabanned from eve for $11000

*ponders


Hm, yeah, prolly, I mean, there are other MMO's out there and it's not like EVE is perfect. Also, I'm betting it's quite easy to circumvent your permban.

Davinel Lulinvega
Posted - 2009.06.10 15:50:00 - [14]
 

Edited by: Davinel Lulinvega on 10/06/2009 15:50:47
Originally by: Lukriss
I'd gladly be permabanned from eve for $11000

Same.

I sense an "I'm rich and beautiful irl you basement dwellers!" retort coming.
Just wait.

Nuzzy Futs
Amarr
Hedion University
Posted - 2009.06.10 16:01:00 - [15]
 

Originally by: Anastasia Heron
Edited by: Anastasia Heron on 10/06/2009 15:08:14
Neither Ricdic nor anyone else on the Ebank board or staff benefitted from the loan that was defaulted on. The money was not loaned to his alt or any RL contact. It's just a big loan gone wrong.

Also, FWIW, he got about AUS$7,000, about $5,300 American or 4,000 Euros, if I recall correctly.




Well since you have insider information who was it loaned to?

Sophia Truthspeaker
Imperial Shipment
Posted - 2009.06.10 16:05:00 - [16]
 

Originally by: Tildes own
That's pretty funny.


Don't find it very funny. If he used that isk to buy himself a lot of shiney stuff for pvp, okay. But to do RMT... not the hallmark of a good scam within eve.

Sophia Truthspeaker
Imperial Shipment
Posted - 2009.06.10 16:06:00 - [17]
 

Originally by: Nuzzy Futs
Well since you have insider information who was it loaned to?


A corp within KIA Alliance, which left the alliance after recieving the isk.

Dariah Stardweller
Gallente
NO U111 Enterprises
Posted - 2009.06.10 16:12:00 - [18]
 

Originally by: Sophia Truthspeaker
Originally by: Tildes own
That's pretty funny.


Don't find it very funny. If he used that isk to buy himself a lot of shiney stuff for pvp, okay. But to do RMT... not the hallmark of a good scam within eve.

Ah come on, it adds RL drama to the scam, it's epic!

*waits for newsflash that tells of the guy getting assaulted IRL Laughing

Sophia Truthspeaker
Imperial Shipment
Posted - 2009.06.10 16:19:00 - [19]
 

Originally by: Dariah Stardweller
Ah come on, it adds RL drama to the scam, it's epic!

*waits for newsflash that tells of the guy getting assaulted IRL Laughing


There is a cycle of imagination around any game. It basicly is an area in which you agree to play. You diminish the game by breaking the cycle.

As an example, if you play a board game, there is a difference between those taking all the shortcuts within the game to win and those pushing the whole board over.

Scamming is taking the shortcuts, RMT is pushing the board over.

Sun Clausewitz
Posted - 2009.06.10 16:43:00 - [20]
 

Riddic should have used his EBANK standing to make loans out to a bunch of nobody throw away alts, used them to RMT and then sell his main, transfer that money to a throw away alt and RMT that.

Dariah Stardweller
Gallente
NO U111 Enterprises
Posted - 2009.06.10 16:45:00 - [21]
 

Originally by: Sophia Truthspeaker
Originally by: Dariah Stardweller
Ah come on, it adds RL drama to the scam, it's epic!

*waits for newsflash that tells of the guy getting assaulted IRL Laughing


There is a cycle of imagination around any game. It basicly is an area in which you agree to play. You diminish the game by breaking the cycle.




Well that's the part that in fact brings the drama. Laughing

Misanth
RABBLE RABBLE RABBLE
Posted - 2009.06.10 17:33:00 - [22]
 

Who's surprised. It was just a matter of time.

Tildes own
Aliastra
Posted - 2009.06.10 17:37:00 - [23]
 

Edited by: Tildes own on 10/06/2009 17:43:21
lol.. the fact that the unsecured loan was given to a corp in KIA makes the whole bank even more suspect, given that massive chunks of the leadership of EBANK are in KIA.

How can anyone trust this, seriously

edit;
ahahahah
http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1094431

Misanth
RABBLE RABBLE RABBLE
Posted - 2009.06.10 17:54:00 - [24]
 

Originally by: Tildes own
edit;
ahahahah
http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1094431



It's clever to post on public EVE forums that someone else has access to your account, C/D?

Dingo Skullcrusher
Posted - 2009.06.10 21:30:00 - [25]
 

rofl.

tbh, i am laughing hard. honestly, eve just doesn't support the mechanics for banks, ipos and all that other crap that people have all their academic discussions about.
plus, if people are too lazy to use the isk actively, they deserve whats coming to them.

everyone has their price and without any real consequences in rl its just disasters waiting to happen again...and again... and again.

if you have a few billions its so easy to make more with little effort. and without any risk apart from market fluctuations.

well, wealth re-distribution in eve at its finest.

as far as i know, eve bank hasn't collapsed at the time of this writing, but i am just having some anticipationary fun here.


PieceOfMind
GoonWaffe
Goonswarm Federation
Posted - 2009.06.10 21:39:00 - [26]
 

Edited by: PieceOfMind on 10/06/2009 21:40:40
i hate market discussion and the elitist internet nerdisms that they **** everywhere, trying to make themselves feel better about their small ****s

idiots.

Misanth
RABBLE RABBLE RABBLE
Posted - 2009.06.10 23:16:00 - [27]
 

Originally by: PieceOfMind
Edited by: PieceOfMind on 10/06/2009 21:40:40
i hate market discussion and the elitist internet nerdisms that they **** everywhere, trying to make themselves feel better about their small ****s

idiots.



Replace MD with CAOD, C&P or S&M, or whatever tbh. Razz

DeODokktor
Caldari
Dark Templars
The Fonz Presidium
Posted - 2009.06.10 23:56:00 - [28]
 

Originally by: Tsubutai
Originally by: Sader Rykane
$11,000 is a lot of money? Since when?



Uh, $11,000 is around 20% of the average American household income per annum. It all depends on your perspective, but yes, to a lot of people (myself included), it's a lot of money.


http://www.ssa.gov/OACT/COLA/AWI.html
27% of the average wage.. however..
After taking federal and state tax (rate of about 7% for state, it varys too much to use high numbers) then average salary AFTER TAX would only be about 31,100 or....
he got 35% of an average yearly wage.

35$ gets a 60d card (currently worth 800m)..
so it would take about 250 of those at 800m (285 at 700m)..
so if he did sell out the chances are he did so for well under 7.5k..

Warrio
Goonswarm Federation
Posted - 2009.06.11 00:26:00 - [29]
 

Confirming that I would quit Eve for $11k.

Jinx Barker
Caldari
GFB Scientific
Posted - 2009.06.11 00:26:00 - [30]
 

Edited by: Jinx Barker on 11/06/2009 00:31:37
I think Shar has brought to the attention of EVE community the issues with Ric and EBANK almost a year ago. There was a lot of cursing and accusations flying about. EBANK has nicely hushed the whole thing...

Draw conclusions.


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