Second Life Forums Archive

Cornholio Lilliehook

Registered User

Join date: 30 Aug 2007

Posts: 3

03-18-2008 06:00

hi all..i need advice
I put 35000l into a bank account ingame
thinking i would get interest paid as that is what was advertised.
now i find not only there is no interest i can only withdraw said lindens at a max of 500/day.
does anybody have any advice as to how i can get all my money back without waiting forever??...are they even allowed to do this?

Rockwell Ginsberg

Boss

Join date: 3 Oct 2006

Posts: 560

03-18-2008 06:04

some banks aren't giving anything back, you lucked out

_____________________

I buy mainland! Contact me for a quote!

HoneyBear Lilliehook

Owner, The Mall at Cherry

Join date: 18 Jun 2007

Posts: 4,500

03-18-2008 06:07

No, they aren't allowed to do this, they aren't supposed to be open at all...banking was banned unless they can prove they exist in RL. Just take what you can and be thankful you're getting anything at all.

_____________________

Virtual Freebies now has its own domain!
URL=http://virtualfreebiesblog.com

The Mall at Cherry Park - new vendors, new look!

Howard Sachs

Human Scum

Join date: 4 Nov 2005

Posts: 124

03-18-2008 06:21

As previous poster stated, grab it and run while you can

Caroline Ra

Carpe Iugulum

Join date: 20 Dec 2006

Posts: 400

03-18-2008 06:34

Where have you been?
I strongly suggest you make a habit of reading the blog daily.
I also suggest you get what you can as soon as you can from this 'bank'.
Think yourself lucky if you get anything at all.
Good luck.

_____________________

The secret of life is honesty and fair dealing. If you can fake that, you've got it made.

Conifer Dada

Hiya m'dooks!

Join date: 6 Oct 2006

Posts: 3,716

03-18-2008 06:46

LL operates a controlled, official banking system so why anybody would have wanted to put their cash into an uncontrolled, unaccountable on I have no idea.

_____________________

Laurence Corleone

Registered User

Join date: 12 Oct 2006

Posts: 126

03-18-2008 07:02

From: Conifer Dada

LL operates a controlled, official banking system so why anybody would have wanted to put their cash into an uncontrolled, unaccountable on I have no idea.

Because of the idea that they were going to get something for nothing

_____________________

There are no stupid questions, just stupid people.

Wildefire Walcott

Heartbreaking

Join date: 8 Nov 2005

Posts: 2,156

03-18-2008 07:27

What is the name of this bank... Cornholio?

_____________________

Desperation Isle Estates: Great prices, great neighbors, great service!
http://desperationisle.blogspot.com/

New Desperation Isle: The prettiest BDSM Playground and Fetish Mall in SL!
http://desperationisle.com/

Desperation Isle Productions: Skyboxes for lots (and budgets) of all sizes!

Maggie McArdle

FIOS hates puppies

Join date: 8 May 2006

Posts: 2,855

03-18-2008 07:29

walks into the thread and does an about face out..........

_____________________

There's, uh, probably a lot of things you didn't know about lindens. Another, another interesting, uh, lindenism, uh, there are only three jobs available to a linden. The first is making shoes at night while, you know, while the old cobbler sleeps.You can bake cookies in a tree. But the third job, some call it, uh, "the show" or "the big dance," it's the profession that every linden aspires to.

Dekka Raymaker

thinking very hard

Join date: 4 Feb 2007

Posts: 3,898

03-18-2008 07:39

69 days to go then

Colette Meiji

Registered User

Join date: 25 Mar 2005

Posts: 15,556

03-18-2008 08:15

From: Dekka Raymaker

69 days to go then

If he is lucky.

Unfortunately there is a good chance much of his 35K is going to help pay other people's 500L/day withdrawals.

Ciaran Laval

Mostly Harmless

Join date: 11 Mar 2007

Posts: 7,951

03-18-2008 08:30

From: Cornholio Lilliehook

hi all..i need advice
I put 35000l into a bank account ingame
thinking i would get interest paid as that is what was advertised.
now i find not only there is no interest i can only withdraw said lindens at a max of 500/day.
does anybody have any advice as to how i can get all my money back without waiting forever??...are they even allowed to do this?

Banks can no longer offer banking services unless they are accredited. I don't know of any that are. This was a decision made by Linden Lab to protect customers in the wake of banking scandals that left customers empty handed.

Limits were imposed because of runs on banks. RL banks would be in the same boat in similar circumstances (unless governments stepped in see Northern Rock and Bear Stearns for further details).

At least being able to take out 500 a day means you're getting your money back, albeit slowly. Better than finding the keys to the vault have been taken away.

Stephen Wisent

Registered User

Join date: 18 Oct 2007

Posts: 95

03-18-2008 08:32

Isn't this an AR, or ask a Linden situation..?

Ok, so the OP didn't know about the banking situation, but then a lot of people don't.

Also is it really so strange to look for interest on your savings?

My advice would be to cause some trouble and see what action you can get, this can't be right.. and theft is theft at the end of the day.

Just my thoughts..

Colette Meiji

Registered User

Join date: 25 Mar 2005

Posts: 15,556

03-18-2008 08:34

Its possible the OP deposited the money before the Ban ..

Bree Giffen

♥♣♦♠ Furrtune Hunter ♠♦♣♥

Join date: 22 Jun 2006

Posts: 2,715

03-18-2008 08:47

Wow. That's an amazing bank. You get to deposit money. Get no interest. Then it takes 70 days to withdraw all your money. What were the benefits again?

_____________________

http://slurl.com/secondlife/Jirasan/244/8/402 <-click

Slack Zapedzki

secondBiTS.com

Join date: 13 Feb 2007

Posts: 360

03-18-2008 09:29

From: Cornholio Lilliehook

does anybody have any advice as to how i can get all my money back without waiting forever?

Right-click on the object you paid. Select edit. Raise by 0.5 meters. Rotate Y-axis by 180 degrees. Shake.

Kyrah Abattoir

cruelty delight

Join date: 4 Jun 2004

Posts: 2,786

03-18-2008 09:32

Well helloooo, you just got done by yet another con artist.

_____________________

tired of XStreetSL? try those!
apez http://tinyurl.com/yfm9d5b
metalife http://tinyurl.com/yzm3yvw
metaverse exchange http://tinyurl.com/yzh7j4a
slapt http://tinyurl.com/yfqah9u

Keira Wells

Blender Sculptor

Join date: 16 Mar 2008

Posts: 2,371

03-18-2008 09:33

From: Kyrah Abattoir

Well helloooo, you just got done by yet another con artist.

I think there's really only one, with countless avatars, and a time-turner (You know, that little hourglass Hermione has to go back in time in Harry Potter)

_____________________

Tutorials for Sculpties using Blender!
Http://www.youtube.com/user/BlenderSL

FD Spark

Prim & Texture Doodler

Join date: 30 Oct 2006

Posts: 4,697

03-18-2008 09:53

Sadly the most you can do is try to withdrawal all you can back....but sadly you may not get all of it back.
I have had friends lose over 300 usd with the Ginko and WSE. They had 100k in there when Ginko sent all their funds to WSE and they are never going to see it again.

_____________________

Look for my alt Dagon Xanith on Youtube.com

Newest video is

Loneliness by Duo Zikr DX's Alts & SL Art Death of Avatar

Welcome to the Second Life Forums Archive

sl bank advice

sl bank advice
Cornholio Lilliehook Registered User Join date: 30 Aug 2007 Posts: 3	03-18-2008 06:00 hi all..i need advice I put 35000l into a bank account ingame thinking i would get interest paid as that is what was advertised. now i find not only there is no interest i can only withdraw said lindens at a max of 500/day. does anybody have any advice as to how i can get all my money back without waiting forever??...are they even allowed to do this?
Rockwell Ginsberg Boss Join date: 3 Oct 2006 Posts: 560	03-18-2008 06:04 some banks aren't giving anything back, you lucked out _____________________ I buy mainland! Contact me for a quote!
HoneyBear Lilliehook Owner, The Mall at Cherry Join date: 18 Jun 2007 Posts: 4,500	03-18-2008 06:07 No, they aren't allowed to do this, they aren't supposed to be open at all...banking was banned unless they can prove they exist in RL. Just take what you can and be thankful you're getting anything at all. _____________________ Virtual Freebies now has its own domain! URL=http://virtualfreebiesblog.com The Mall at Cherry Park - new vendors, new look!
Howard Sachs Human Scum Join date: 4 Nov 2005 Posts: 124	03-18-2008 06:21 As previous poster stated, grab it and run while you can
Caroline Ra Carpe Iugulum Join date: 20 Dec 2006 Posts: 400	03-18-2008 06:34 Where have you been? I strongly suggest you make a habit of reading the blog daily. I also suggest you get what you can as soon as you can from this 'bank'. Think yourself lucky if you get anything at all. Good luck. _____________________ The secret of life is honesty and fair dealing. If you can fake that, you've got it made.
Conifer Dada Hiya m'dooks! Join date: 6 Oct 2006 Posts: 3,716	03-18-2008 06:46 LL operates a controlled, official banking system so why anybody would have wanted to put their cash into an uncontrolled, unaccountable on I have no idea. _____________________
Laurence Corleone Registered User Join date: 12 Oct 2006 Posts: 126	03-18-2008 07:02 From: Conifer Dada LL operates a controlled, official banking system so why anybody would have wanted to put their cash into an uncontrolled, unaccountable on I have no idea. Because of the idea that they were going to get something for nothing _____________________ There are no stupid questions, just stupid people.
Wildefire Walcott Heartbreaking Join date: 8 Nov 2005 Posts: 2,156	03-18-2008 07:27 What is the name of this bank... Cornholio? _____________________ Desperation Isle Estates: Great prices, great neighbors, great service! http://desperationisle.blogspot.com/ New Desperation Isle: The prettiest BDSM Playground and Fetish Mall in SL! http://desperationisle.com/ Desperation Isle Productions: Skyboxes for lots (and budgets) of all sizes!
Maggie McArdle FIOS hates puppies Join date: 8 May 2006 Posts: 2,855	03-18-2008 07:29 walks into the thread and does an about face out.......... _____________________ There's, uh, probably a lot of things you didn't know about lindens. Another, another interesting, uh, lindenism, uh, there are only three jobs available to a linden. The first is making shoes at night while, you know, while the old cobbler sleeps.You can bake cookies in a tree. But the third job, some call it, uh, "the show" or "the big dance," it's the profession that every linden aspires to.
Dekka Raymaker thinking very hard Join date: 4 Feb 2007 Posts: 3,898	03-18-2008 07:39 69 days to go then
Colette Meiji Registered User Join date: 25 Mar 2005 Posts: 15,556	03-18-2008 08:15 From: Dekka Raymaker 69 days to go then If he is lucky. Unfortunately there is a good chance much of his 35K is going to help pay other people's 500L/day withdrawals.
Ciaran Laval Mostly Harmless Join date: 11 Mar 2007 Posts: 7,951	03-18-2008 08:30 From: Cornholio Lilliehook hi all..i need advice I put 35000l into a bank account ingame thinking i would get interest paid as that is what was advertised. now i find not only there is no interest i can only withdraw said lindens at a max of 500/day. does anybody have any advice as to how i can get all my money back without waiting forever??...are they even allowed to do this? Banks can no longer offer banking services unless they are accredited. I don't know of any that are. This was a decision made by Linden Lab to protect customers in the wake of banking scandals that left customers empty handed. Limits were imposed because of runs on banks. RL banks would be in the same boat in similar circumstances (unless governments stepped in see Northern Rock and Bear Stearns for further details). At least being able to take out 500 a day means you're getting your money back, albeit slowly. Better than finding the keys to the vault have been taken away.
Stephen Wisent Registered User Join date: 18 Oct 2007 Posts: 95	03-18-2008 08:32 Isn't this an AR, or ask a Linden situation..? Ok, so the OP didn't know about the banking situation, but then a lot of people don't. Also is it really so strange to look for interest on your savings? My advice would be to cause some trouble and see what action you can get, this can't be right.. and theft is theft at the end of the day. Just my thoughts..
Colette Meiji Registered User Join date: 25 Mar 2005 Posts: 15,556	03-18-2008 08:34 Its possible the OP deposited the money before the Ban ..
Bree Giffen ♥♣♦♠ Furrtune Hunter ♠♦♣♥ Join date: 22 Jun 2006 Posts: 2,715	03-18-2008 08:47 Wow. That's an amazing bank. You get to deposit money. Get no interest. Then it takes 70 days to withdraw all your money. What were the benefits again? _____________________ http://slurl.com/secondlife/Jirasan/244/8/402 <-click
Slack Zapedzki secondBiTS.com Join date: 13 Feb 2007 Posts: 360	03-18-2008 09:29 From: Cornholio Lilliehook does anybody have any advice as to how i can get all my money back without waiting forever? Right-click on the object you paid. Select edit. Raise by 0.5 meters. Rotate Y-axis by 180 degrees. Shake.
Kyrah Abattoir cruelty delight Join date: 4 Jun 2004 Posts: 2,786	03-18-2008 09:32 Well helloooo, you just got done by yet another con artist. _____________________ tired of XStreetSL? try those! apez http://tinyurl.com/yfm9d5b metalife http://tinyurl.com/yzm3yvw metaverse exchange http://tinyurl.com/yzh7j4a slapt http://tinyurl.com/yfqah9u
Keira Wells Blender Sculptor Join date: 16 Mar 2008 Posts: 2,371	03-18-2008 09:33 From: Kyrah Abattoir Well helloooo, you just got done by yet another con artist. I think there's really only one, with countless avatars, and a time-turner (You know, that little hourglass Hermione has to go back in time in Harry Potter) _____________________ Tutorials for Sculpties using Blender! Http://www.youtube.com/user/BlenderSL
FD Spark Prim & Texture Doodler Join date: 30 Oct 2006 Posts: 4,697	03-18-2008 09:53 Sadly the most you can do is try to withdrawal all you can back....but sadly you may not get all of it back. I have had friends lose over 300 usd with the Ginko and WSE. They had 100k in there when Ginko sent all their funds to WSE and they are never going to see it again. _____________________ Look for my alt Dagon Xanith on Youtube.com Newest video is Loneliness by Duo Zikr DX's Alts & SL Art Death of Avatar