UK Teen Buys $750K of Own Music Online With Stolen Credit Cards
Lamar Johnson, a 19-year-old from the UK, plead guilty to one count of conspiracy to defraud for using stolen credit cards to purchase about $750,000 worth of his own music on iTunes and Amazon, reports Engadget.
The Sunday Mercury also says that 12 people were arrested in conjunction with the scheme, which occurred between January 2008 and June 2009. Beyond using stolen credit cards, Lamar and his band were essentially stealing money in the form of royalties, which bands generally get for every song purchased.
According to the reports, about 20 songs were created and sold on iTunes and Amazon. Police estimate that the group used 1,500 stolen credit cards from the UK and America to purchase the songs online.
Endgaget says the teen is currently serving a jail sentence for grievous bodily harm, and has been given five more years for pleading guilty to the new charges. The rest of his band will appear in court in January.
What do you think of the music scheme? Do you think five years in prison is a reasonable punishment? Or are you a techie that thinks the plan, although completely illegal, was rooted in genius? Let us know your thoughts in the comments. %Poll-57749%