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Author Topic: Zynga swindler  (Read 2206 times)
TightEnd
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« on: February 02, 2011, 03:12:45 PM »
A computer hacker from the UK has admitted stealing $12 milion worth of poker chips from social gaming site Zynga. Ashley Mitchell of Paignton transferred 400 billion virtual chips into his account and sold them on the black market at a rate of £430 per billion – which meant he stood to make around £184,000, having already made £53,000 when he was arrested.

Judge Wassell said he faced a substantial jail term for these offenses. This is a rare case in the UK courts whereby virtual goods have been treated with the same legal regulation and protection of real goods.

Prosectutor Gareth Evans said that Zynga had not been deprived of goods in the same way as normal fraud because they could always issue more, but there was a knock on effect for the company if they lost legitimate gamers. He argued that in theory, it was no different to stealing notes from the Royal Mint.

Mitchell already has a suspended sentence from 2008 when he was convicted of hacking into the Torbay Council website and altering his personal details.

He now awaits sentencing.


Plymouth Herald, Cardplayer, UK Poker News
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« Reply #1 on: February 02, 2011, 03:36:12 PM »
Quote from: TightEnd on February 02, 2011, 03:12:45 PM
A computer hacker from the UK has admitted stealing $12 milion worth of poker chips from social gaming site Zynga. Ashley Mitchell of Paignton transferred 400 billion virtual chips into his account and sold them on the black market at a rate of £430 per billion – which meant he stood to make around £184,000, having already made £53,000 when he was arrested.


I think the Plymouth Herald needs a maths lesson. Out of those 4 numbers, at least 2 must be wrong, Shirley?
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« Reply #2 on: February 02, 2011, 03:38:07 PM »
Maybe Zynga would sell them for $12million, giving the first figure and the black market rate is lower giving the later figures.
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« Reply #3 on: February 02, 2011, 06:39:03 PM »
Brilliant..in jail for playmoney

Who pays real money for play money?

Who does that?...why?...
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« Reply #4 on: February 02, 2011, 10:23:39 PM »
Quote from: bhoywonder on February 02, 2011, 06:39:03 PM
Brilliant..in jail for playmoney

Who pays real money for play money?

Who does that?...why?...

Maybe it can be used to bet on virtual horse-racing..
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« Reply #5 on: February 02, 2011, 10:29:57 PM »
Quote from: bhoywonder on February 02, 2011, 06:39:03 PM
Brilliant..in jail for playmoney

Who pays real money for play money?

Who does that?...why?...

Zynga poker is very big in India where online sites are illegal , I know of someone who has made a successful business out of selling play chips there. Unreal I know
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« Reply #6 on: February 02, 2011, 11:48:32 PM »
they used to sell stars play money chips on ebay
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