Originally Posted by Lucio 
I think the thing you're missing is the TIME it takes to generate that currency. To give you an idea, a couple of years back I ran a pretty successful corp mining effort. Over the course of a year, I paid out 4 billion ISK to around 20 members for minerals worth about 6 billion. That's 20 people, working for 1 year, to generate a mere 2 billion ISK profit. Even at say, 10 hours a week mining per person (rough estimate), that's 10,400 man hours. That means the 200 billion represents 2000 people each spending over 500 hours mining, or a lone man spending the rest of their life mining non-stop.
So yeah, it might be "just a game", but really it's a massive investment of people's time and effort that was stolen, and to have it sold to pay off a man's debts, you can see why people are pissed.
Well that is true, but it isn't real work - you weren't underground weilding a pick and shovel and extracting real minerals - those people were sitting at a keyboard - using leisure time. That isn't to detract from the game - in fact with the current economic climate, GL is starting to mimic real life pretty accurately. But in the game you can just switch off - real currency you have spent is for the enjoyment of playing.
It is the online equivalent of monopoly - and this 'fraud' is no different from the banker in monopoly stealing monopoly money and selling it for hard cash. (Except this guy was more successful!)