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UK Gang Caught After $750K Online Music Fraud Scam

LSDelirious writes "10 individuals in the UK have been arrested in connection with an online fraud gang, whereby the group created several songs, had the songs uploaded to iTunes and Amazon, then used thousands of stolen credit cards to repeatedly purchase the songs from these services. It is estimated that they charged approximately $750,000 worth of fraudulent purchases, netting the group over $300,000 in royalties payments."

15 of 101 comments (clear)

  1. Whos says the online music model works by P1aGu3ed · · Score: 5, Funny

    I say we go back to the outdated model of printing CDs and using stolen credit cards to buy boxes of them. So much easier, and they would never have been caught. No really.

  2. Well, they do have a good example... by santax · · Score: 5, Funny

    When compared to the 'guys who stick up for artists (and take 95+ % of the earnings' these guys are saints. Give them a medal! At least they made their own music!

    1. Re:Well, they do have a good example... by bitt3n · · Score: 2, Funny

      Furthermore, who's to say that all those credit card holders wouldn't have bought these songs anyway? Perhaps they should all get charged an extra convenience fee.

  3. And yet... by Anonymous Coward · · Score: 5, Funny

    The Spice Girls remain at large.

  4. Were the songs any good? by Shag · · Score: 5, Funny

    ...and where can I get a torrent of them?

    --
    Village idiot in some extremely smart villages.
    1. Re:Were the songs any good? by flonker · · Score: 2, Funny

      They sold so many copies, these songs were HOT!

  5. Re:They used stolen credit cards by Plunky · · Score: 2, Funny

    ...or stolen credit card *numbers*? TFA and TFS claim "cards". How exactly to you steal thousands of cards?

    Now listen carefully I will say this only once. Copyright infringement is not stealing!

  6. Re:BBC is reporting nine people not ten... by SnowZero · · Score: 2, Funny

    The BBC is reporting that nine people were arrested. Six men and three women. And not ten like many other articles are reporting.

    That's because Keyser Soze got away.

  7. Re:And this is differnt how? by GeorgeStone22 · · Score: 1, Funny

    Moronic LIKE A FOX!

  8. Re:Follow the money by themaneatingcow · · Score: 3, Funny

    If your laundered money is shrinking, then you're doing it wrong. Never put it in the dryer; you should always hang it out to dry.

  9. from the dj-felonious dept. by Speare · · Score: 4, Funny

    I think "from the felonious-monk dept." has a better ring to it.

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    [ .sig file not found ]
  10. Re:Nothing new... by Anonymous Coward · · Score: 3, Funny

    They used to do similar things with Auction Houses, they'd list an item of no real value and then buy it.

    Not too different from pretty much any auction dealing with modern art.

  11. Re:Like premium rate phone lines by Anonymous Coward · · Score: 5, Funny

    Listen to this one then; you open a company called the Arse Tickler's Faggot Fan Club. You take an advert in the back page of some gay mag, advertising the latest in arse-intruding dildos, sell it a bit with, er... I dunno, "does what no other dildo can do until now", latest and greatest in sexual technology. Guaranteed results or money back, all that bollocks. These dills cost twenty-five each; a snip for all the pleasure they are going to give the recipients. They send a cheque to the company name, nothing offensive, er, Bobbie's Bits or something, for twenty-five. You put these in the bank for two weeks and let them clear. Now this is the clever bit. Then you send back the cheques for twenty-five pounds from the real company name, Arse Tickler's Faggot Fan Club, saying sorry, we couldn't get the supply from America, they have sold out. Now you see how many of the people cash those cheques; not a single soul, because who wants his bank manager to know he tickles arses when he is not paying in cheques!

    -- Tom

  12. And that's nothing by Punto · · Score: 5, Funny

    that's nothing, in the process of pulling off this scam, they lost $2 billion to piracy! nobody's safe!

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    Stay tuned for some shock and awe coming right up after this messages!

  13. Number of songs "stolen"? by noidentity · · Score: 3, Funny

    UK Gang Caught After $750K Online Music Fraud Scam

    Let's see, at $150K per song, that comes out to 5 songs.