...I haven't bothered with online games in a few years now, so I have no idea how well their creators enforce their respective EULAs these days.

But isn't something like this just waiting for Verant/Mythic/whoever to release the hounds? After all, this is different from a year-old account changing hands. This allows new characters to have a shortcut to mass amounts of funds by way of a non-company program (the MMOG at the starting end of the conversion) and third-party intervention (the website and its "in-game representatives"). Which is, uh, cheating.