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Post by webm@ster on Mar 18, 2007 13:14:06 GMT -5
Crook who ripped off Robbie Williams, Oasis and the Rolling Stones has dirty money fortune seized
A Scots music man who faces losing the £1million fortune he made from bootleg CDs of concerts by Robbie Williams, Bob Dylan and the Rolling Stones.
Peter Cruickshank, 46, has run stalls at record fairs across Britain and Ireland for 10 years.
He protests his trade is only a hobby and appears to live modestly in his mother's house. But he owns an MG sports car and other vehicles and is building a villa in Marbella.
He was caught in December 2003 with £30,000 of bootleg CDs in a van at Stranraer's ferry terminal.
His haul included live recordings of Led Zeppelin, Abba, Aerosmith, Beach Boys, David Gray, Elvis, Eagles, Iron Maiden, Manic Street Preachers, Pink Floyd, Robbie Williams, Rolling Stones, Beatles, Bon Jovi, Eminem, Oasis, Paul Weller and Queen.
Now Cruickshank has had the proceeds from his trade - worth £564,000 - frozen by the Crown Office.
He invested the dirty money in shares and investments as well as the villa in Spain.
Customs and Revenue are also expected to try to recover unpaid tax - meaning he could lose £1million.
The music industry loses £165million a year from piracy and bootlegging.
A British Phonographic Institute spokesman said: "These lost sales amount to the combined legal sales of the top 13 best-selling albums in the UK last year."
Bootlegging concerts rakes in massive profits with rare recordings that can fetch up to £300 each.
A soundman working for the band tapes the gig or a criminal in the audience records it off a speaker.
Bootleg CDs of Oasis' performance at the Brits in January appeared on eBay within an hour.
Last night Cruickshank, who lives in his mum's house in Bearsden, Glasgow, claimed he had quit.
He said: "They have frozen everything, including the van and car.
"Most of my money is from legitimate sources such as selling back catalogues and deletions.
"Only about 20 per cent of it was from bootlegging. But I did not keep accounts for six years or pay tax and the authorities would rather chaseme than real criminals.
"I am only breaking copyright regulations but record companies are spending millions of pounds to try to catch people like me."
The former bus company worker claims he made most of his money when he invested his redundancy payout in 1990 by buying the entire stock of a London record company.
He said: "I bought bootleg CDs in bulk from Italy. I don't make them myself. We've tried to reach a settlement on what I owe but the Crown want everything." The Crown Office confirmed they are seeking a confiscation order.
In 1998 police raided Cruickshank's home and took 50,000 pirate CDs and cassettes, worth £500,000. But he was not prosecuted.
In 2000 Cruickshank was caught selling 2000 CDs on a stall at Birmingham's National Exhibition Centre and fined £600.
Last week he was given a year's deferred sentence for selling illegal recordings after pleading guilty at Stranraer Sheriff Court.
It follows years of investigation by police, trading standards officers and the British Phonographic Institute. A BPI investigator said: "These guys are making more money than major drug dealers."
mailfile
Top 5 bootlegs
1. THE BEATLES: Anthology Plus - recordings of studio sessions for the BBC in the mid-1960s.
2. LED ZEPPELIN: Rare Zep concerts can cost hundreds but most sought after are BBC sessions.
3. BOB DYLAN: The most prized bootleg is a 1966 recording, Live At The Royal Albert Hall.
4. THE ROLLING STONES: A 1969 tape, Stoned In The Park, of a Hyde Park concert in London, when Mick Jagger paid tribute to drowning victim Brian Jones fetches big money.
5. PRINCE: A studio recording, The Black Album, planned as a follow up to Sign Of The Times was huge on the blackmarket before being officially released in 1994.
What he'll lose
THE confiscation order means Peter Cruickshank could lose all his assets under the Proceeds of Crime Act:
Two white Transit vans £50,000
One MG sports car £20,000
Holiday home in Marbella £220,000
Shares, bank accounts, investments and personal possessions £276,000
Total £566,000
He also faces a £500,000 bill from the Customs and Inland Revenue to cover years of unpaid tax.
His victims: Led Zeppelin, Abba, Aerosmith, Beach Boys, Bob Dylan, David Gray, Elvis Presley, Eagles, Iron Maiden, Manic Street Preachers, Pearl Jam, Pink Floyd, Robbie Williams, Rolling Stones, Beatles, Bon Jovi, Eminem, Metallica, Oasis, Paul Weller and Queen
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Deleted
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Post by Deleted on Mar 18, 2007 13:54:54 GMT -5
or a criminal in the audience records it off a speaker.
i know its illegal but i still find it funny. and how do they know how much it cost the music industry. I'm guessing people that are prepared to pay for bootlegs would have brought the albums first.
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Post by jilliam on Mar 18, 2007 17:11:56 GMT -5
Hey, do you think he has the Vegas HOB gig from '05? or a better recording of the Wadsworth gig Noel did in LA in '06? I wanna see this fuckers Oasis catalog
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Post by MEANSTREAK on Mar 18, 2007 17:57:14 GMT -5
ya it does crack me up too. only serious fans buy boots of concerts etc and they all buy the real albums! I would be the first in line for a new oasis offical CD release and yet I could be prosecuted for having the MTV Unplugged performance on CD sitting next to every official release they have put out. Boots don't cost them a penny if they never actually release the stuff in the first place!
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Deleted
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Post by Deleted on Mar 19, 2007 4:33:58 GMT -5
He lives with his mom? He already lost, even with all of the money he got. I probably wouldn't buy bootlegs, they cost way too much and they can be iffy, epsecially from older bands. But, weren't the BBC sessions by Zeppelin and The Beatles both released as well as the the Bob Dylan and Rolling Stone concerts released officially?
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Post by mar on Mar 25, 2007 12:47:44 GMT -5
Bootlegging concerts rakes in massive profits with rare recordings that can fetch up to £300 each.
absolute bollocks
and yea only people buy boots are fans who have all official stuff so no loss
kudos to depeche mode who offerred cds or downloads of EVERY show off the last tour
sure it was £12 for d/l or £22 for cd but they are in the real world
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Post by Linnhe on Mar 25, 2007 14:31:29 GMT -5
Crook who ripped off Robbie Williams, Oasis and the Rolling Stones has dirty money fortune seizedHis victims: Led Zeppelin, Abba, Aerosmith, Beach Boys, Bob Dylan, David Gray, Elvis Presley, Eagles, Iron Maiden, Manic Street Preachers, Pearl Jam, Pink Floyd, Robbie Williams, Rolling Stones, Beatles, Bon Jovi, Eminem, Metallica, Oasis, Paul Weller and Queen VICTIMS? ;D ;D ;D
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