Chinese courts convicted 11 people of copyright infringement in what turns out to be an enormous fleece. Microsoft and the FBI had been tracking the ring since 2001 and has found illegal material in 36 different countries. The ring was exporting most of the products to countries where they could sell the nearly identical to the real thing products for a much higher price than the $3 similar products would sell for in China. It has been estimated that 80% of computers in China have pirated software on them. The full NYtimes.com article can be read here.
Latest Posts
- IWM Alert: Client’s Daughter is in urgent need of a Kidney! March 11, 2024
- February 2024 IWM Planning News February 14, 2024
- 5 Simple Investing Ideas, Executed Strictly January 22, 2024
- IWM Market & Economic Review 4Q2023 January 19, 2024
- IWM Investment Insights 1Q2024 January 19, 2024
Categories
- Books
- Companies
- Current Affairs
- Financial Articles
- Financial Planning Perspectives
- FINRA
- Fleeced
- Fleecing Fighters
- Focus on Fiduciary
- Government
- International
- Key Data
- On the Fleece
- People
- Quarterly Market Analysis
- Quarterly Newsletters & Planning Alerts
- Quote of the Day
- Religion
- Retirement
- Sports
- Stat of the Day
- Uncategorized
- Web/Tech