Gizmodo: Two Men Allegedly Stole $20 Million in Music Royalties From YouTube

Gizmodo: Two Men Allegedly Stole $20 Million in Music Royalties From YouTube. “According to court documents (first reported by MarketWatch), Webster Batista, aka ‘Yenddi’ and Jose Teran, aka ‘Chanel’ fraudulently claimed royalty rights to over 50,000 songs through LLCs which sounded like record labels. A grand jury has charged them with conspiracy, wire fraud, identity theft, and money laundering.”