Founder of Oink file-sharing site had £20,000 savings

Found on BBC News on Tuesday, 12 January 2010
Browse Filesharing

A Teesside man received $18,000 (£11,000) a month in donations from people using his pirate music website, a court has heard.

Peter Makepeace, cross-examining the defendant for the prosecution, said: "The money was rolling in, wasn't it?

Mr Makepeace said: "You were a wealthy man for someone who had only been working a few months."

I don't know how much Makepeace earns, but I wouldn't consider someone who has £20,000 sitting in his bank accounts a wealthy man. Perhaps they forgot a zero or two somewhere.