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Chinese man pleads guilty to $100m piracy scam

iComp (2523194) writes | about a year and a half ago

Piracy 0

iComp writes "A Chinese businessman has pleaded guilty to copyright infringement on an epic scale after helping to crack and sell pirated high-end software worth in excess of $US100m over a three year period.

Xiang Li of Chengdu in China’s south-western Sichuan province, disputed the value of the software he sold but pleaded guilty to conspiracy to commit criminal copyright violations and wire fraud, according to Reuters.

The indictment (PDF from Wired) claims that Li and co-defendant Chun Yan Li sold cheap pirated copies of business software through web sites such as “crack99.com” and “cad100.net”.

Between 2008 and 2011 they would scour darknets for software and disable access controls by cracking license files, before selling the results to over 300 purchasers in the US and over 60 other countries."

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