Ginko Financial

My opinion of Anshe Chung has dropped even lower.



I direct TOS violation under Community Standards : http://secondlife.com/corporate/cs.php


Of course this violation will never be noted. Why? Because it was said by Anshe Chung.



How very true!


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Tell me Anshes first post is not a "message that is intended to incite anger or directly attack a person or persons". This was obviously an attept to ruin Gekos credibility. And of course this will be overlooked by those in charge as well.


Again these are all my own opinions and direct quotes from LL pages.

I agree. Everyone who feels so should report the thread to the Linden Labs by going back to page 1 and clicking on the "!" report thread icon in Anshe's original message. Linden Labs MUST enforce their rules across the board.

But they won't, though.

Jeepers, you guys. And I am accused of Anshe bashing !

I also concluded long ago that this was most likely a ponzi scheme. Many indicators fit. Maybe one or two of Anshe's later shorter posts weren't too good, but I thought the threadstarter was fine.

I'm never slow at assigning her dubious motives, but I don't really see it here.

Everyone thinking of investing in Ginko should at the very least be whispered the word "Ponzi" and referred to the Wikipedi.

Without this background information the reliable payment of promised returns can seem very convincing and reassuring. It's only when you understand Ponzi you see that this may mean NOTHING. It is an essential feature that is always present. Right up until the plug is pulled, everything always looks lovely, and total reliability and friendly politeness is of the essence.

Unless you realise this, you are unable to make mature considered judgements.

If anything I feel guilty that I didn't personally sound alarm bells as loudly as Anshe did. I saw it, but contented myself with the measly little post I quoted above.

No-one has to believe Anshe's suspicions, but everyone really needs to be made aware of what MIGHT be going on. To think it through in full wikipedia-reinforced understanding.

Nicholas's "two worlds" explanation is not totally unconvincing. But even if it's true, then like Blaze, I'm worried about the possibility of various sorts of criminality, made more likely (sadly) by Nicholas' location.

It's the old Catch-22 I'm afraid. He'll be suspected if he tries, though he'll never succeed if he doesn't.

Perhaps it's the old, old answer. Invest if you fancy it, but no more than you could afford to lose with nothing but a slight, wry smile at your own folly.

If he really is an honorable Argentinian trying to climb out of a spikey morass of financial impossibility, laced with crazy opportunities almost no-one can take advantage of, then it might be nice and kind to go along for the ride. But wouldn't he be a bit more open and communicative? Ponzi fit is really quite high I'm afraid, at present.

But don't hold your breath, and don't criticise those who raise a concerned and warning voice. You may be thanking them later.

MIGHT be going on. That's the point, Ellie. Anshe, and you, are personally attacking Nicholas. Oh, yeah, call it "suspicions", call it "buyer beware," call it whatever the hell you want to call it, but you are attacking Nicholas. Anshe posted private information about an individual, which is against TOS. It's okay to say she's suspicious, but she dragged private conversations, gross generalizations, and a HELL of a lot of speculation into it.

And don't insult my intelligence about wondering if I "truly understand" what a Ponzi scheme is. How rude of you.

Aaron you stole the words from my mouth.

The problem is not that Anshe is trying to warn people at all. If she wanted to warn people about losing their money she wouldnt just be pointing a finger at Ginko.

Anyone who is renting land could be evicted without refund at anytime and lose their money.

Anyone with money in SLexchange (I beleive Anshe holds a share in Slx?) could lose their money at any time.

Anyone paying a vendor that is not set up correct could lose their money.


There are plenty of ways to lose your money in SL and have no way to get it back.
If Anshe was so worried about this she could have made a general comment like the above.

Instead she targeted ONE individual in the attempt to ruin his companies credibility.
She broke TOS by posting information without permission! We all know nothing will be done about it but she still did. That in its self is a bigger deal that this Ginko thread!

I personally find Ginko to risky to invest my own money in. But it IS risky and they tell you that UP FRONT.

Unless Anshe is the new SL Mommy there was no reason for a thread like this. If she was voted SL Mommy someone never told me.

Exactly, I have to finally add, and repeat what people have been saying here, there is nothing hidden about Ginko's guarentee, or lack there of. Everything is told to you up front in the notecard you can get from the ATM, and the website. As I have told other people, goto the Ginko website and look at the forums there, and you can see all the upcoming things that Ginko is planning.

I've been an avid user of Ginko now for approx. 6 months and I have yet to have a problem (knocks on wood). I can see some valid points though. But what I can't understand is this? Anshe if you are not using the service then why even worry about it? Are you trying to look out for other Residents? Are you feeling threatened that someone else besides you is "making" more money then you? OR Are you just upset that that most residents are using his service then yours? I think that it's the latter of the 3 personally.... but opinions are like @$$holes everyone has one. Now Anshe I have a question for you. You sell Linden Dollars from your site(ANSHECHUN.COM) and your price is for 5000 L$ is 21.99 US (and yes I got this from YOUR SITE!) ok kool not bad price so far.... Now lets look at other places that sell Linden Dollars:
Gamerzfix.com:
5000L$ for 24.25 USD---- hmmm lil high there but whatever.

Now for SL's own LindeX:
for 5000L it costs 20.15 USD hmmmm less then a dollar cheaper then you!

And now finally WHERE I GO TO GET LINDEN DOLLARS
IGE.com
5000 for $19.74 USD

So why is your site the 2nd most expensive place to buy Linden Dollars? And of course I know that some people are going to bring up the fact the you sell land/lease land or whatever you wanna call it...... To me that doesn't matter considering I have my own land. But I just want other Residents to know that there are more then one place to get Linden Dollars and to also see who is tryin to get more outta them. Have fun in SL Residents.....


Oh BTW if I'm not mistaken all of those sites do take payments from PayPal and even with the PayPal processing fee I think that everyone should have the same charge for Linden Dollars. Just a lil more food for thought!

The other thing for everyone to keep in mind is Ponzi schemes guarantee you'll make money. Ginko has been UP-FRONT from their very beginnings that it may all fall apart.

It has been said that the optimist believes we are living in the best of all possible worlds, and that the pessimist (or realist) agrees with that statement.

Monopsony has its privileges. So it goes.

Well, let's see. L$ can be converted into $US, therefore L$ has a real world value. Linden Labs is located in California. So the L$ (which have a real world value) are in California. Ponzi schemes are illegal in California. It's not a far stretch to imagine that the state of California could prosecute such a case. If it ever happens I hope they put it on court TV, that would be quality television. LOL

Remember, kiddie porn is illegal, and if you think that a prosecutor in the US wouldn't go after kiddie porn in SL you'd be dead wrong.

After all of that, I don't know the first thing about Ginko Financial. I make no allegations regarding it's ethics, morality or legality.

Good point except that there is absolutely no way that even if Ginko was a ponzi scheme that anyone would prosecute, simply because it is way too tiny. Read up on RL Ponzi's and you will see that they are talking millions of real USD, not a paltry 60 or 70 thousand USD. That wouldn't be worth anyone's time.

If a resident has already shared such information in-world then I don't think that information continues to be privileged. For example, if I tell you that I live in Outer Mongolia in RL and you tell some one else, that doesn't violate the TOS because I voluntarily provided the information. So, if, the conversation Anshe had with the guy from Ginko took place in-world, then the information gained would no longer fall under the TOS restrictions. It isn't against the TOS to relate what some one told you, it's against the TOS to share the logs without consent. Which would be the equivalent of tape-recorded conversations. Otherwise you could NEVER say things like, "the guy who sold me the land said...." nor could you say "he's real nice, he said he liked my house" without violating the TOS.


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She could just as easily argue that it was to warn potential investors. Especially since the only people who seem to be angry are angry with Anshe and not the guy from Ginko!

Yah, too bad. I would have loved to see the look on the jurors' faces when the prosecutor tried to explain Second Life. It would have been a hoot.

Time will provide all the answers to the questions raised here.


Any legitimate business:

1) making upwards of 70% per year just for its investors, and
2) readily able to capitalise on new funding as it comes available,
...could easily make its owner a multimillionaire in USD within a few short years.

Or even a few short months, if funded in accordance to its returns.



The tie-in to Second Life's virtual currency is highly unusual and terribly limiting for any monetarily-fueled business operating outside of Second Life.

Growth must be constantly hard-stopped against the profit engine's demand for capital from... a virtual world gaming community!?

The $L as a 'currency' does provide some interesting advantages. But I would hate to speculate how the advantages of a 'valueless currency' might ultimately be leveraged.


I wish everyone involved the very best of luck, and may this highly unusual strategy bear fruit for you all. I shall not be participating.

- Desmond Shang

Read the quoted TOS one more time Micheal. See the part where it says :
"and real-world location beyond what is provided by the Resident in the First Life page of their Resident profile is a violation of that Resident's privacy."
I dont see any of his real life information posted on his FRIST LIFE PAGE or his RESIDENT PROFILE. Of course it is not against TOS to say "the guy who sold me this land said... ect" because it has nothing to do with RL information. But nice try.



Of course people are angry with Anshe and not the guy from Ginko. He has done nothing wrong thus far, has not mislead anyone, has not bashed any competition, and most of all has not broken any TOS rules. To me, Anshe on the other hand has.

Again this is just my opinion and I could be completly wrong, just as everyone else who has posted. Only time will tell.

Oh, no, no, no, I do NOT yield that title lightly, tyvm. I have been accused, tried, and convicted for doing exactly that in one phrase posted on these very forums. Fortunately, my sentencing non-hearing was favorable so I only received what one might call a "suspended sentence".But I have rehabilitated myself and was deemed fit to be returned to society. These were the happy days, the salad days, as they say. [cue yodelling cowboy].

Ha, yeah. Although actually, since jurys are theoretically, "a jury of your peers", they would all have to be SecondLife players, right Although, to be eligible they would have had to be players and somehow not have heard about Ginko or at least have "never formed an opinion"

I find it offtopic, at best. Unless you're trying to connect Ginko to Invex, of course.

After more than 10 pages on this thread and several posts from the Ginko owner, does anyone actually have any clue where those 16 mio L$ went that Nicholas took from people and cashed out?

I hate to say it, but my initial fears only solidify. This whole thing looks like one black hole where money disappears in. One big Ponzi scheme bubble growing and growing until enough people realize what it is and the whole thing burst. Your money gone, forever, minus 100% interest

Now I have to say, I have one vested interest that this thing better ends sooner than later. It is the same vested interest anyone should have who is invested in the Second Life economy, directly or indirectly. One Ponzi scheme of this magnitute destroys one incredible amount of value and eventually also trust in the Second Life economy. Maybe 20 mio? 50 mio? 100 mio? 1 billion? The bigger this bubble grows, the bigger the crash will be when people realize they can never get their money back. The result will be very bad press for Second Life and Linden Lab and many piss off people calling for Philip to "just create some Linden$". Maybe he will have to give in and we all pay for it with inflation, removal of stipends or higher tier fee. In any case: what is bad for SL economy is also bad for the community! And, surprise surprise, Anshe Chung is also part of this community.

So, Nicholas, where are those 16 mio L$? How much did you invest in what? What revenue have you generate sofar? Can you proove it to us, or at least to Linden Lab? You better answer us and give us one detailed account ASAP instead of insult our intelligence with silly "I don't want mamma look across my shoulder" phrases. I warn you. I am not going watch some crook take whole SL economy hijack and scam the newbies. You better show us the whereabouts of every single L$ you took or I will end this. It might cost me millions, but I don't care. This kinda scam goes so 100% against every sense of morality in my bones that I forget my business, forget my money, forget the PR and just hunt you down. Where is that money?

How noble of you Anshe. Wouldn't the millions you plan on spending to end this be better off sent to your family in China or something? You are not the moral compass of Second Life. You started here as a friggen call girl. Go away.

Yes, pray tell, where is the money?


Anshe creates value in SL. Just check out her island sims. A lot of events and SL content is funded because Anshe has created viable services and businesses.

However, in the end, the real crime is what LL is doing by turning the other cheek.

Well if we're asking to see accounts i wouldnt mind seeing anshechung.com's accounts afterall many people have money invested in island sim estates, you then use that money to purchase further sims, could you really afford to buy back all that sim estate land at the land owners purchase price and if not where has that money gone?

Exactly.