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Music piracy 'funding terrorism and crime' - FT.com 2004 - 0 views

Gonzalo San Gil, PhD. on 01 Jun 16

"Gangs linked to inter-national terrorism and organised crime are relying increasingly on music piracy to fund their operations, according to music industry figures published yesterday. Leading music groups saw the value of pirated sales rise by 4 per cent to $4.5bn (€3.7bn, £2.4bn) last year, and claimed the proceeds were being used for money laundering, drugs trafficking and terrorism."

<div class="cArrow"> </div><div class="cContentInner">"Gangs linked to inter-national terrorism and organised crime are relying increasingly on music piracy to fund their operations, according to music industry figures published yesterday. Leading music groups saw the value of pirated sales rise by 4 per cent to $4.5bn (€3.7bn, £2.4bn) last year, and claimed the proceeds were being used for money laundering, drugs trafficking and terrorism."</div>

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