ricdic and ebank

[blehack33]

did anyone ever bring this up over here?

http://www.reuters.com/article/newsO...BrandChannel=0


there's the reuters article. i find it - odd, that both times there was a "big" inside job theft at a player-run bank, the person doing the thieving supposedly had 'real world' problems.

the first (eib) was - dude was in a car accident and in the hospital, yadda yadda.

this one (ebank) - our buddy richard?/ricdic was having financial problems and stole to pay for real life debt.

didn't ricdic have some involvement with eib as well?

dunno. more and more i see investments in player-run anything in eve as just scams waiting to happen.


http://www.eve-bank.net/ << ebank's website. below is their latest news story.

6/15/2009 - Hexxx - Discussion

There are a number of wildly inaccurate news stories floating around right now about EBANK. The most common one claims that EBANK had 8.9 Trillion ISK in deposits or that the Chairman committed the theft. Ricdic was the CEO, not the Chairman and at most, we've had 2.5 Trillion in deposits. Also, the Bank run has ended for the most part and we have not been forced to tap other lines of capital infusions. We are very well capitalized at the moment and withdraws are being processed within our 48 hour SLA.

Please see the thread linked in this news article and also; please read all of our statistics. We have numbers for pretty much everything; the most common mistake many people make is not reading all the numbers and interpreting them incorrectly.

Also; I can be contacted directly at dave[dot ]carter[at]gmail[dot]com.


that link he references is (the eve-o thread is a good/interesting read as well): http://www.eveonline.com/ingameboard...readID=1094517


now, what i find interesting (and pretty much see as an accurate portrayal of ricdic) is the below, taken from: http://www.eve-tribune.com/index.php?no=3_47&page=1


Readers should also, if they’re really interested, try to track down some of the controversy that’s gone on in places like Scrapheap-challenge and the EVE-O forums, simply so that they’re aware of the specifics of the allegations. One of our own staffers, for instance, grilled me on how I’d be conducting this interview (they’re so cuuuuuute when they’re new to our stable of writers) by making the following claims: “I hope its not a puff piece, Ebank has real problems, specifically its founder, Ricdic, has flaked out and prematurely ended multiple IPO's in the past, or gotten bored and wanted to move on to new things, and his support has gotten several questionable IPOs off the ground, AND the way the market discussion forums works now if the market "in group" supports your IPO you will get funding, and if Ricdic supports your IPO the market "in group" will support it, and this is especially true because he can use EBANK money to fund IPOS AND he in the past has abused this position to fund IPOs in contravention of the rules of EBANK.”

[Savanja]

I just noticed this and will post it up on the front page.

That is just a sick amount of kredits to steal. I can't even imagine how ticked off his customers are about now. Money troubles makes some people do the dumbest stuff.

So how do people feel about this? I sympathize with having financial troubles (I live in a state that has one of the highest unemployment rates in the US currently), but aren't there lines to be drawn? Does it being virtual money make it okay?

[blehack33]

Originally Posted by Savanja

I just noticed this and will post it up on the front page.

That is just a sick amount of kredits to steal. I can't even imagine how ticked off his customers are about now. Money troubles makes some people do the dumbest stuff.

So how do people feel about this? I sympathize with having financial troubles (I live in a state that has one of the highest unemployment rates in the US currently), but aren't there lines to be drawn? Does it being virtual money make it okay?

were there REALLY financial troubles? i mean, EIB's founder was supposedly in a car accident and in the hospital (he used a story from a local paper and claimed it was him), and he was talking on the phone and such to people who play eve...

what's to say that ricdic isn't full of crap and just stole isk to steal it? did he give that unsecured loan of 275 billion isk to himself? and then stole whatever he could after that?

don't be fooled easily. GHSC befriends folks for a year or two, before robbing them blind.

AND... when ebank first started... there was a thread made by someone. in this thread he went on and on about he'd made a bet with an irl friend, about how it would be possible to do something like ebank, and steal countless billions from gullible fools. the op was so obviously talking about ricdic, that ricdic went off (in that thread) about how stupid the op was and how he (ricdic) would never.... do exactly what he (ricdic) just did...

[Savanja]

That's always possible. I have the habit of assuming the better of people though!

Now what exactly is the point of the banking system? Is there a reason why people entrust their money to a complete stranger?

[blehack33]

Originally Posted by Savanja

That's always possible. I have the habit of assuming the better of people though!

Now what exactly is the point of the banking system? Is there a reason why people entrust their money to a complete stranger?

long story short - some combination of laziness & too many millions/billions collecting dust.


isk is incredibly easy to come by in eve. collecting 2 or 3 percent interest on several billion isk, beats letting it collect dust in your wallet.

it's the same reason people invest in eve-related IPOs... chance to make profit on isk that would otherwise collect dust. you invest in someone's dream of becoming a player in ship/mod/whatever building/trading and they pay you X% a month on your initial investment. sometimes a fixed amount (similar to bonds, may even be advertised as bonds), sometimes a random amount with a guaranteed minimum, sometimes you get whatever they give you... none of these are guaranteed by any mechanism other than their e-honor/e-reputation.


personally, for a long time before ebank, i found ricdic to run his mouth a bit too much, and he was rather flakey with his own IPOs/publicly invested businessess. it would not surprise me at all if that 275 billion isk loan was to one of ricdic's alts, or that some of the other IPOs that have tanked, involved him.


i forget how he was involved with EIB (the first big bank scandal of billions), but he was there.

[oakye]

I congratulate you good sir..you actually won at the pixel ship game. I commend you for your efforts and appreciate your dedication. I also wish to encourage more ppl to do the same and solve their rl issues.

[blehack33]

Originally Posted by oakye

I congratulate you good sir..you actually won at the pixel ship game. I commend you for your efforts and appreciate your dedication. I also wish to encourage more ppl to do the same and solve their rl issues.

wtf??

[Eliphas]

Originally Posted by oakye

I congratulate you good sir..you actually won at the pixel ship game. I commend you for your efforts and appreciate your dedication. I also wish to encourage more ppl to do the same and solve their rl issues.

I think i have to agree with him. Passing the whole "good sir" irony of him, scamming is yet another face of Eve. Now i don't say that scamming and selling to gold companies must be excused, for ANY occassions, as past has shown us that most of the times people that runned those scams staged even their death in order to smuggle the money out of their main character. So with this in mind, i doubt that guy has economic "problems". Now if i could pull an ingame heist, i sure would, because gullibility is a weakness, no matter if you are bored, or if your millions are getting dust or whatever. There are far better ways to invest money and make money. Ratting, mining, trading, even buying faction equipment contracts and reselling them nets more money than any bank will ever give you. Problem with that is that i usually stray away of that stuff, because, as Mittens said "we don't trust the real life banks, why should we trust the PLAYER run banks?". It's absurd.

[The Mittani]

anyone investing in an eve bank is an idiot

there is no purpose for a depository institution given the in-game wallet function

all banks are scams but then people are dumb so bravo

[FaithMan]

Originally Posted by The Mittani

anyone investing in an eve bank is an idiot

there is no purpose for a depository institution given the in-game wallet function

all banks are scams but then people are dumb so bravo

I agree with you totaly.