Use iTunes and Tunecore to launder money.

iTunes

Here’s an interesting tip I don’t recommend actually trying: Use iTunes and Tunecore to launder money! Apparently the Times Online (UK) says that’s exactly what happened using stolen credit cards.

“The Metropolitan Police and the FBI have caught an international criminal gang said to have made tens of thousands of pounds by buying their own records from Apple iTunes and Amazon with stolen credit cards. The gang are alleged to have created several songs that they provided to an online American company (Tunecore), which uploaded them to be sold on the two internet sites. It is believed that over four months from September last year the gang used 1,500 stolen or cloned British and American credit cards to buy songs worth $750,000 (£469,000). Amazon and iTunes, which were unaware of the fraud, paid $300,000 in royalties. Six men and three women were arrested yesterday by 60 officers at addresses in London, Birmingham, Wolverhampton and Kent. A man in his forties, was arrested later… It is believed that one of the gang is a DJ and that he created the songs that were then bought…” – timesonline.co.uk

This seems like a stupid crime because of the trail it leaves. I wonder if they had to actually download all the songs they bought. I guess this is one way to get onto the charts!

photo credit: maury.mccown

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This entry was written by Oliver Chesler, posted on June 12, 2009 at 10:16 am, filed under apple, business, political and tagged , , , . Leave a comment or view the discussion at the permalink and follow any comments with the RSS feed for this post.



Only $390 Billion to start a record label? Not enough!

So apparently some guy in Texas tried to cash a fake check for $360,000,000,000. When confronted he said it was a loan from his girlfriend’s mother to start a record label! Doesn’t he know he can use Tunecore and get a bunch of albums on iTunes for less than $100? He doesn’t need print advertising and billboards right? He can just post news of his releases on forums and MySpace right? Well the truth lies somewhere in between $100 and $390 Billion.

A man has been accused of attempting to pass a $360 billion check, which he claims was given to him by his girlfriend’s mother to start a record business, Fort Worth police said. Charles Ray Fuller, 21, of Crowley, was arrested on April 22 on an accusation of forgery, police said. Mr. Fuller was also accused of unlawful carrying of a weapon and possession of marijuana, Lt. Henderson said. Lt. Henderson said he did not know if Mr. Fuller and his girlfriend were still together. – www.dallasnews.com

This story is funny on so many levels. Then again, this guy just pulled an awesome publicity stunt. Too bad they don’t have his MySpace URL in the news article because I would have checked it out! Maybe the real point of this post is 15 minutes of fame is not enough if you want to make it in the entertainment world.

Would you do anything illegal for fame?

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This entry was written by Oliver Chesler, posted on May 3, 2008 at 12:12 am, filed under political and tagged , , , . Leave a comment or view the discussion at the permalink and follow any comments with the RSS feed for this post.