Linden Lab has announced that virtual banking within Second Life is to be banned effective January 22 after receiving multiple complaints by Second Life residents scammed by bank operators.
I have a very early memory of pulling up to the drive-through window of our local bank in our station wagon, my mother depositing a little money I earned, and me excited to check my savings account book to see where the computer imprinted my new balance. Compare this fond memory to the recent mortgage loan crisis in the U.S. and I’d say trust in the banking industry has come a long way. Hopefully someone will see this as a business opportunity and focus on service and ethics.