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ATM Cards Tied to Virtual Worlds a ‘Money Launderer’s Dream,’ say Consultants
By Brian Monroe
printSoftware firm MindArk, creators of Entropia Universe, is on the verge of re-releasing automated teller machine-style cards that allow players to access real dollars directly from their virtual world accounts, something consultants say will make them an attractive venue for criminals to launder illicit cash. Swedish-based MindArk, which launched Entropia in 2003, is working with a major credit card service provider – MasterCard or Visa, according to insiders – after testing its Entropia Debit Cards in the second half of last year. With MindArk auctioning off what they are calling banking licenses earlier this year and offering ATM cards that...
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