Two people were arrested last week for allegedly masterminding a multi-million dollar software software piracy ring following a joint operation by Greek and British police. The duo, one Greek and one Briton, are accused of selling counterfeit computer aided design software for $905, much less than the going rate, Reuters reports. The news agency adds that police allegedly recovered a computer, three hard disks and 7,000 CDs of "warez" pirated software in the process of arresting the pair.

This illicit trade cost the unnamed developer, a"multinational software firm", $360m, according to police. This figure assumes that anyone who used the counterfeit software would have bought the legit version and paid top whack for it, both questionable assumptions. ®

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