Last updated on March 17, 2014 at 14:50 EDT  Selling Virtual
Currency For Real Money  July 4, 2009  The manager of a virtual
bank used to store credits for a popular online video game has
admitting to stealing digital points from players and selling
them for hard cash on the black market.  Every month, more than
300,000 gamers around the world dish out the $15 subscription
fee to enter the digital world of EVE Online, an elaborate
online role-playing game where players strategize, build
alliances and battle for intergalactic dominance.  The cyber-
scandal revolves around EBank, the largest player-operated
digital bank, where thousands of gamers deposit their
accumulated funds for safe keeping.   EBank’s CEO, a 27-year-old
Australian gamer named Richard, recently confessed to embezzling
billions of “insterstellar kredits,” the universal currency used
in the world of EVE Online.  “Basically this character [Richard]
was one of the people that had been running EBank for a while.
He took a bunch of [virtual] money