Posts tagged fraud 
FBI raids University of Michigan apartment over possible WoW fraud
A University of Michigan student apartment became the focus of a recent investigation by the FBI, which conducted a raid on March 30th over "potentially fraudulent sales or purchases of virtual currency that people use to advance in the popular online role-playing game World of Warcraft." ...
Perpetuum reels from robot insurance fraud
In an MMO so dependent on its economy, it's crucial to keep a tight rein on the flow of money so that the whole mechanism doesn't spin out of control. Unfortunately, it appears this started to happen in the relatively new Perpetuum when a number of profiteers began to unbalance the economy by ...
Jagex gets RuneScape fraudster arrested in the UK
For quite some time now cheating in an MMO generally only carried with it the repercussion of a virtual slap on the hand. Fake someone out of an item or two, and a GM might intervene, take the stuff and suspend your account. Do something against the terms of service and generally speaking, one ...
Paul Barnett predicts the decline of future asset-heavy MMOs
Mythic Entertainment's Creative Director for Warhammer Online, Paul Barnett, was recently interviewed by Ablegamers and had some interesting things to say about the current state and future of online gaming and asset-heavy MMOs. To illustrate why he thinks online games are becoming much more ...
Man in the box
People usually play MMOGs as a way to escape real life. Well, according to The Guardian, real life may just be trying to push its way into MMOGs. Several EU government bodies recently came together and released a report titled, Virtual Worlds, Real Money: Security and Privacy in Massively ...
SOE hires crime fighting gnomes to fend off credit card worms
Online credit card fraud is big business and even MMORPGs aren't safe from it's far reach. We recently had a chance to sit down with Executive Director of Global Customer Service, Brad Wilcox, and discuss how SOE is dealing with gold selling and power-leveling services for their games. They are ...
Japan's online games industry steps up security
The potential for having a hacked game account clearly goes hand in hand with online games, regardless of which country you're in. Japan is taking aim at this particular issue through a rather significant partnership with Visa International, reports Nicholas Aaron Khoo for CNET Asia. The Japan ...
Fraud and its effects on the MMO industry
As the number of people embracing MMOs has increased exponentially over the years, so too has the frequency and scale of fraud related to these games and credit card transactions. Chargebacks resulting from fraudulent credit activity are a growing problem for MMO publishers. Gamasutra has run an ...
EVE Online calls RMT evil
GM Grimmi of EVE Online comes out strong against RMT in an official post called 'Real money trading is bad, mkay?' In no uncertain terms, RMT activities are said to be linked to keyloggers, phishing sites, and hacking attempts, and lead to real-world illegal activities like fraud and theft. Grimmi ...
Iovation stops 0.365% of transactions
Iovation, a company that markets anti-fraud software to online game operators (and online dating sites) claims to have blocked over ten thousand fraudulent transactions per day out of a round-figure-billion over a year. They don't actually say how many of those billion transactions were actually ...
