Social Game Lets Mobile Phone Users Try Bernie Madoff-Style Scams

May 19, 2009 -

A social game for web-capable mobile phones parodies rogue financier Bernie Madoff's long-running Ponzi scheme, reports CNNmoney.

Made Off, available from publisher Cellufun, allows players to create virtual scams of their owns, promising other players investment returns of up to 20%. Player need to continually attract new "investors" in order to pay back the older ones, lest their Ponzi scheme collapse. No real money is involved. Instead, players trade "cellupoints."

Cellufun CEO Neil Edwards, who says his game pokes fun at the jailed Madoff, not his victims, told CNN/money that Made Off has an educational component:

When your fund goes broke, you go, 'Holy crap, I didn't invite enough people... There is a lot of misconception and confusion on what happened. People don't really understand a Ponzi scheme."

A blurb on the game's website describes the action:

Play as a slimy Fund Manager, a savvy Investor, or both. The game will end without warning when the Feds finally crack down on the Cellufun community, and people managing Funds will get to keep all the Cellupoints invested in them. Investors will keep all the Cellupoints they've acquired through interest payments as well. And we'll give trophies to those who have "made off" with the most profits...


Comments

Re: Social Game Lets Mobile Phone Users Try Bernie ...

Do you guys not feel that negative happenings have a bad effect on the things we do. There are a lot of good things that occur as well but we tend to highlight scams and failures and bad loans etc more than we highlight and read and write of the good things that are happening around us. Admittedly there are more negatives things but the more we hear and read about such things it will certainly pull us towards negative actions. Any lawsuit against him is a waste. People will not be able to recover their money from this fraud of the century.

Commercial litigation funding

Re: Social Game Lets Mobile Phone Users Try Bernie ...

The media loves to be outraged when a game comes out that lets you "kill prostitutes".  Will this game generate controversy for teaching the children to commit fraud- or is it OK so long as it's a white-collar crime?

Re: Social Game Lets Mobile Phone Users Try Bernie ...

Not a chance, we have had a massive goverment supported ponzi scheme that has been quite public in it's ponzi stats going on since 1935 and very few people got outraged.

Re: Social Game Lets Mobile Phone Users Try Bernie ...

Ah, but remember, this is set in real life, whereas 'no-one shoots anyone in the face unless they are a Hitman or a Gamer...' ;)

 
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MattsworknameI think Ip needs to go watch some Team four star and laugh a bit, he seems to serious at times. I think he'd get a kick outta Hellsing ultimate abridged.05/30/2015 - 5:36pm
DocMelonheadPretty much05/30/2015 - 5:33pm
InfophileSo... he's sea-lioning? http://knowyourmeme.com/memes/sea-lioning05/30/2015 - 5:29pm
Goth_SkunkAnd those are examples just targeting me specifically. Nevermind targeting others like Mattsworkname or DocMelonhead or WonderKarp.05/30/2015 - 5:28pm
DocMelonheadWhich is why it's fitting to call him/her a troll; bait the GG sympathizer and attack them through guilt of supporting a hate movement05/30/2015 - 5:28pm
Goth_Skunk1. http://ow.ly/NEH62 | 2. http://ow.ly/NEHfW | 3. http://ow.ly/NEHPN | 4. http://ow.ly/NEHWM | 5. http://ow.ly/NEIcR05/30/2015 - 5:27pm
MattsworknameThe being said, Ip loves to demand you answer specific claims and when you do, he then immedately shifts to another tactic rather then address your repsonses05/30/2015 - 5:23pm
MattsworknameThe problem is that gamergate has no organization or leaders so no one can really claim direct libel unless they got directly named and attacked. The double edged sword of internet activism at work.05/30/2015 - 5:22pm
DocMelonhead@InfoPhile true, but it seems like Iron Patriot been shoving his/her opinion down the the throats of GG sympathizer.05/30/2015 - 5:19pm
InfophilePlus, it discusses a movement, not a person. Libel usually only applies to people in the US (though some countries, like the UK, will hear libel cases against organizations)05/30/2015 - 5:16pm
DocMelonheadBut don't have Iron Patriot get to you Goth_Skunk. He/she just wanted GamerGater to GTHO of GamePolitics and back into their basement.05/30/2015 - 5:16pm
InfophileTo be libel, it has to be a statement of fact, not a matter of opinion. That's easily construable as an opinion, as it reflects on the perceived goals of a movement05/30/2015 - 5:15pm
DocMelonheadI think that GamerGate is nothing but a Failed attempt to kick Women out of Gaming is libel enough.05/30/2015 - 5:13pm
Mattsworknamethat out in people.05/30/2015 - 5:13pm
MattsworknameWhile IM no fan of Ip, and think he acts exceddingly dicksh most of the time, I dont know if its gone far enough to be ,abusive, Uncivil yes, of that I have not doubt, but at the same time, there have been moments when Im also uncivil to ip. he brings05/30/2015 - 5:13pm
InfophileGoth_Skunk: Could you point to an example of libel? That is, a statement that's false, defamatory, and made in either the knowledge it's false or with reckless disregard for the truth (that's the definition in US law, at least)05/30/2015 - 5:12pm
Andrew EisenGP staff will take another look.05/30/2015 - 5:11pm
DocMelonheadBecause right now it seems that Iron Patriot doesn't want GG supporters to go on GamerPolitics and spreads lies about the Movement.05/30/2015 - 5:11pm
DocMelonheadPersonally, I suggest that we invite other GamerGaters to participate in the Comment section, and see were we go from here.05/30/2015 - 5:10pm
DocMelonheadHeck, they even allowed us to slander Anita Sarkeesian.05/30/2015 - 5:09pm
 

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