Louie reports us
that a large piracy ring has been smashed down in Atlanta, Georgia. The police called the
CD piracy ring one of the
largest in the country and believe the organziation pirated copyrighted
material with a market value of over US$ 50 million dollars:
 Federal and local authorities involved in the
investigation say the counterfeit operation pirated music by several dozen
popular artists, including Britney Spears, Jennifer Lopez, Snoop Dog,
Ludacris and Eminem.
At a news
conference, U.S. Attorney Bill Duffy accused Satary of creating "an
illegal market" with a gross retail value of more than $ 50 million.
Satary,
who lives in the Atlanta suburb of Lawrenceville, is accused of having run
a counterfeit CD and audio cassette manufacturing and distribution
business since 1999.
According
to the federal indictment, the business was run out of several offices and
plants, mostly in the Atlanta area. The indictment says Satary's former
girlfriend and secretary, Pamela Harris, told the FBI that Satary
regularly wired profits to bank accounts in the United Arab Emirates,
Egypt and Israel.
Satary
appeared Monday before U.S. District Judge Beverly Martin. He was ordered
held without bond, because he was considered a flight
risk. |
According to the article no trial date has been set. The other five
defendants have made initial court appearances and have been released on bond.
You can read the complete article here.
Source: CNN.com
