For a brief period between January 2008 and June 2009, 19-year-old Wolverhampton songwriter Lamar Johnson was living the high life. His musical royalties from iTunes and Amazon were sky-high, with Johnson raking in a staggering $780,700 dollars (or 500,000 pounds) in royalties. As it turns out, those royalties were ill-gotten. Lamar Johnson and nine other men were using stolen credit cards to buy Johnson’s music on iTunes and Amazon and rake in ill-gotten royalties.
Really, it’s a genius idea. Johnson and company downloaded Johnson’s song 6000 times, which allowed Johnson to rake in semi-legal royalties for his music. Granted, they used stolen credit cards to buy the music, but the royalties themselves were legal. Johnson, who is doing 5 years in jail at the moment for grievous bodily harm, plead guilty to conspiracy to defraud charges in relation to the music royalties scam.
Royalties are a big deal, no matter the industry. I guess that’s why record companies are trying so hard to stop illegal downloads. If 6000 downloads makes you nearly $800,000, imagine how much cash a million downloads would bring in!
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