Rockstar says Grand Theft Auto Online players who have actively cheated to generate in-game funds will face sanctions that could include being banned from the game outright.
Every online is going to run into trouble with cheating sooner or later, even Rockstar's long-awaited Grand Theft Auto Online. An exploit to generate "game-breaking amounts of in-game cash" has apparently been making the rounds lately, but Rockstar used today's maintenance period to remove the counterfeit funds and issued a dire warning to those involved in its manufacture.
"Anyone who innocently received GTA$ as result of these exploits but did not engage in cheating to acquire it will not face any further action - the funds will just be removed, and you'll be able to keep any items you currently own," Rockstar wrote. "Those who actively engaged in cheating and exploiting the game in this manner will, however, be subject to in-game penalties at our discretion. This may include being place in isolated cheater pools or banned from GTA Online altogether."
In an FAQ, Rockstar clarified that while items purchased with duped funds by non-cheaters won't be taken away, their cash value will be removed, even if it means leaving account balances after the adjustment lower than they were before receipt of the counterfeit cash. It also said that it could tell the difference between cheaters and those who simply received counterfeit funds through no fault of their own "automatically through gameplay data," but even so, you might want to keep one hand on your wallet for awhile, just in case something goes wrong.
Source: Rockstar Games