website design company
123webguru, A student avoids a jail sentence for his part in a £250m computer software swindle.

website designHomeSite MapContact usWe are the best website design and development company
Custom web designProfessional , custom , best website web design company

Professional  custom web site design company Ecommerce website design and development
Best in the web
Website design company
We are the Best
Custom website design

website design 123webguru News Desk

BBC News

Student's role in £250m swindle

A student who took part in a £250m computer software swindle has been given a community punishment order.

Alexandros Samras, 33, from Loughborough, Leics, took orders from customers for counterfeit software and channelled money overseas.

Southwark Crown Court was told IBM contacted a private security firm when the scam came to light.

The Athens-based partner in crime of Samras - Evangelos Volotas - is still awaiting trial in a Greek court.

Undercover agent

Samras, of Knipton Drive, admitted four counts of copyright infringement and one of assisting an offender to retain the benefit of criminal conduct.

Duncan Atkinson, prosecuting, said: "IBM had become aware that counterfeit copies of highly sophisticated computer software were being distributed and sold on the pirate software market.

"These sales were causing IBM losses of £250m."

The court was told an undercover agent infiltrated the group running the scam and at first dealt with Volotas.

'Pernicious trade'

Eventually, he was put in touch with Samras, who was studying electronic engineering at Loughborough University.

In the coming months he not only took the undercover agent's orders but allowed his bank account to be used to send clients' cash to Greece.

You can also check :
website design company Top News
website design company News of the Week

Passing sentence Judge Nicholas Loraine-Smith said it was clear Samras had found himself "on the edge of a pernicious trade" that had caused IBM massive revenue losses.

He said Samras would normally have faced a "substantial prison sentence".

But he handed down a 140-hour community punishment order because of his guilty plea and other circumstances surrounding the case.


Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/1/hi/england/leicestershire/4709081.stm


website design Top News

website design News of the Week

website design All News

 

Website design company


Website design company

123webguru Articles

Stock Photography for the designers
An important constituent of website design is graphic design. Graphic design can be made more prominent with the inclusion of photographs with this. Adding ...

Home Page of website design
The importance of a 'Home Page' for a website design doesn't require any explanation. 'Home page' of a website design is like the face of a company. 'Home ...

Increase Your Traffic by Recovering Your Lost Visitors
If you spend any time surfing the Internet, you've probably encountered a few error messages. Error messages have numerous causes, such as misspellings, ...

Additional Content Creation
Additional Content Creation In addition to proper search engine optimization an additional strategy I’ve discovered that works well is creating content ...

10 Essential Tips to Ensure Your Press Release
10 Essential Tips to Ensure Your Press Release Makes the News. 1. Make sure the information is newsworthy. 2. Tell the audience that the information ...

A Few tips to start your website design
-- A Few tips to start your website design-- There are two basic rules to follow when you start your website designing a) Designing a site that caters ...

Website design company

 

custom
123webguru.com :  Website design company

123webguru News

Gloves come off in console fight
Sony and Microsoft have been trading verbal blows in their fight to dominate the video games business.

Warning on search engine safety
A research report reveals the riskiest phrases to use on net search sites.

BBC starts to rock online world
The BBC has rented an island in an online world to host a virtual version of Radio 1s Big Weekend pop concert.

Wheels turn on Mars rover project
British engineers head to Tenerife to test systems they hope will keep a European rover trundling across Mars.

Nintendo steals the show at E3
Nintendo makes a big splash with its Wii console at the games industry annual trade show, E3.

website design News of the Week

Website design company

 

Free Price Quotes



Are you looking for :

Ecommerce website | Real estate website | Database driven website | Web base Application | Full Flash website | Sitemap | Flash application | Logo design | SEO | Website design company | Web programming | Website redesign and redevelopment | Development of new website | Start a new website | Custom website design

123webguru.com, A new web division of Microsec Technologies Ltd.
© 2002-2005
Website design company, All Rights Reserved
Disclaimer | Privacy policy

Website design company