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takyon [soylentnews.org] writes:

TorrentFreak reports on this story of real losses for the entertainment industry [torrentfreak.com]:

In the early 2000s, international and Danish entertainment industry groups came together to tackle piracy of movies, music and other media.

The resulting Antipiratgruppen (now RettighedsAlliancen / Rights Alliance) needed legal representation and local lawfirm Johan Schlüter was hired for the job, representing groups including the MPAA.

In the years that followed Johan Schlüter became involved in dozens of anti-piracy cases but after continually accusing pirates of being thieves, eventually the tables began to turn. Earlier this year it was reported that an investigation into the company's accounts had uncovered financial irregularities amounting to millions of dollars.

Carried out by U.S. auditing giant Deloitte, the investigation found that while Johan Schlüter had been collecting rights revenues on behalf of several movie and TV industry groups, the lawfirm hadn't been handing them all over. The black hole was thought be to around $15m [torrentfreak.com].

Now, however, fresh leaks from the confidential study have revealed the true extent of the shortfall. According to data obtained by Finans.dk [finans.dk], Johan Schlüter failed to hand over around $25m.

Original Submission