Delhi cops bust $11-bn piracy ring..!!

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prasad_den

prasad_den

Padawan
New Delhi/Mumbai: The Delhi Police claim to have busted one of the biggest software piracy rings by cracking down on three fraudsters for a scam to the tune of Rs 110 lakh.
Police arrested the trio for stealing the source code from Greek software company, Wing System Ltd.
The software, developed by Wing System, was being used to create embroidery designs by garment export companies across the world.
The software was usually sold by the company for over Rs two lakh.
However, the pirated version is available for anywhere between Rs 1,000 and Rs 2,000. The source code theft has resulted in a loss of over $11 million (Rs 110 lakh) to the company.
"They had loaded it onto the computer and were selling the pirated version of the software by transfering it to a CD. They then gave it to who ever came to their shop for say Rs 2000 or Rs 2,500. Besides this, they were also creating patters," says Assistant Commissioner of Police with the Economic Offences Wing, S D Mishra.
The licensed version of the software is sold on a CD along with a Dongle, a hardware device that is inserted in the USB port of the computer to run the software.
The accused have been arrested for violating the Copyright and Information Technology Act.
"When we went into the market and gave the demonstration of the software and told them this was a new product, people told us they were already using this product," says Senior Manager with Wing CAD India, Sumeet Grover.
The main accused in the scam is still on the run. Police are now investigating how he managed to get his hands on the source code.
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Yamaraj

Yamaraj

The Lord of Death
Title is wrong. $11 billion is too much, and even $11 million is much more than 110 lakhs. Do your math before posting such figures.

$1 million = Rs. 450 lakhs (approx)
 
24online

24online

ॐ
prasad_den said:
*www.ibnlive.com/news/business/03_2007/delhi-cops-bust-11bn-piracy-ring-36295.htmlWhen we went into the market and gave the demonstration of the software and told them this was a new product, people told us they were already using this product," says Senior Manager with Wing CAD India, Sumeet Grover.
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.... :D:D
 
OP
prasad_den

prasad_den

Padawan
Yamaraj said:
Title is wrong. $11 billion is too much, and even $11 million is much more than 110 lakhs. Do your math before posting such figures.

$1 million = Rs. 450 lakhs (approx)
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Tell that to IBN...!! That was just a CnP..!
 
arunks

arunks

Hey here is the aks
when the wing company addressed the problem to delhi police then they took the action.. otherwise delhi police or say indian police any state police is not going to take any action against any such persons on their own decision
 
hdsk.23

hdsk.23

~ Harshdeep ~
interesting story upss!! realty story.....
kitne kitne ko pakre ge ye police wale........
anyway a good step to stop piracy, i think now this is the start against piracy n happy start!!!!!
 
T

thunderbird.117

Guest
Josan said:
we must Protest Aginst stoping piracy
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If they can not stop a war or a riot who do you think can stop the piracy?.
 
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