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Anshechung.com

Malachi Petunia
Gentle Miscreant
Join date: 21 Sep 2003
Posts: 3,414
11-17-2005 13:24
I have heared about anshechung.com some time ago, but never took closer look as it did not seem relevant for my SL game-play. They are neither competitor nor have I been in need of any land brokerage or rental services in SL nor did I have need for their merchant services under SLExchange.com.

I would also like to say that all people at Anshechung.com I ever dealt with were always polite, prompt and friendly, unless disagreed with or except when not prompt or friendly.

This week I did take closer look at Anshechung.com. And what I learned surprised me. Let me list some of what I learned and, please, if I am wrong correct me:
  1. Anshechung.com's ownership is not known.
  2. Only Anshechung.com takes responsibility and guarantees for the accounts held by Anshechung.com
  3. Anshechung.com has, so far, collected an unknown amount of L$ from SL players
  4. Anshechung.com has released no audited reports of the firm's holdings
  5. Anshechung.com has "cashed-out" an unknown amount of customer L$
  6. This money Anshechung.com used for "investments"
  7. Their biggest investments are in "pork belly futures"
  8. Anshechung.com tells people that land rented from them can be rented to other players without Anshechung.com involvement
  9. Anshechung.com borrows short term money, aquires short term liabilities, gives the illusion of short term liquidity and invests it in long term projects
  10. Anshechung.com pays no interest at all
  11. RL banks in South America are not willing to lend money to the owner of Anshechung.com. For this reason they are forced to raise money in SL to finance their "pork belly futures" projects. Neither are banks in Sweden, Switzerland, Swaziland, and Paraguay willing to lend money to Anshechung.com.
  12. We have no information whatsoever about revenue generated by any "investments" that Anshechung.com used the money for that they accepted from other SL players
  13. We have no information that Anshechung.com ever made any profit with any serious scale investment in the past.
  14. There are land brokerage "laws" in SL regulating or controling land brokerage which Anshechung.com ignores when convenient.
  15. Money you deposit with Anshechung.com or SLExchange.com is not insured
  16. There is no government securing your deposits with Anshechung.com or SLExchange.com
  17. Linden Lab explicitly stated that they will not step in if Anshechung.com or SLExchange.com goes bankrupt
My only purpose in posting this was to increase awareness and to have any misinformation I have posted corrected. I certainly am not trying to decrease customer confidence in Anshechung.com to enhance my own fiscal pursuits in SL as I have no fiscal pursuits in SL.
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blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
11-17-2005 13:31
Malachi, what the hell are you doing?

Your math skills are better than this..
Nyx Divine
never say never!
Join date: 11 Dec 2004
Posts: 1,052
11-17-2005 14:19
Well done :)

*sits and waits*
_____________________
Yes Virginia there is an FIC!

If someone shows you who they are.....believe them!

Don't be afraid to go out on a limb, because that's where the fruit is!
Bertha Horton
Fat w/ Ice Cream
Join date: 19 Sep 2005
Posts: 835
11-17-2005 16:13
Is AnsheChung.com a multinational? If it is, it should stand a chance of surviving the terrible chaos that's coming to the US economy in 2006.
_____________________

Trapped in a world she never made!
Michael Seraph
Second Life Resident
Join date: 9 Nov 2004
Posts: 849
11-18-2005 01:12
From: Malachi Petunia
  • Anshechung.com tells people that land rented from them can be rented to other players without Anshechung.com involvement



  • Liar liar pants on fire!
    Kris Ritter
    paradoxical embolism
    Join date: 31 Oct 2003
    Posts: 6,627
    11-18-2005 01:16
    this would have been funny if Jamie hadn't done it three hours earlier in the same forum.
    Malachi Petunia
    Gentle Miscreant
    Join date: 21 Sep 2003
    Posts: 3,414
    the horror
    11-18-2005 02:10
    From: Kris Ritter
    this would have been funny if Jamie hadn't done it three hours earlier in the same forum.
    You think this escaped my (belated) omniscience and I've not been metaphoricallly flogging myself since? How about I give myself a nice paper cut and you pour lemon juice in it?

    Forgive me, oh forums, for I have committed the sin of redundancy and cannot retract it. /me looks around for his hairshirt. :o
    _____________________
    Loki Pico
    Registered User
    Join date: 20 Jun 2003
    Posts: 1,938
    11-18-2005 02:13
    Is hairsuit like hirsute?
    Kris Ritter
    paradoxical embolism
    Join date: 31 Oct 2003
    Posts: 6,627
    11-18-2005 02:16
    *snickers* well someone had to make fun of you for it!

    Nice effort tho. Just work faster next time :)
    Nyx Divine
    never say never!
    Join date: 11 Dec 2004
    Posts: 1,052
    11-18-2005 09:07
    From: Kris Ritter
    *snickers* well someone had to make fun of you for it!

    Nice effort tho. Just work faster next time :)



    Well I WANTED to do it....does that count for anything?
    _____________________
    Yes Virginia there is an FIC!

    If someone shows you who they are.....believe them!

    Don't be afraid to go out on a limb, because that's where the fruit is!