More Fraud Investigations Over Recording Industry Execs; Swiss IFPI Boss Resigns
from the well,-look-at-that dept
Following the news of corruption charges in Spain over SGAE execs, comes the news that the head of the IFPI in Switzerland has been forced to resign over some sort of scheme to avoid paying taxes. The details are a bit convoluted, but, basically, it sounds like he was able to route some IFPI things through a separate company he ran, in order to get a more favorable tax position. The IFPI is trying to throw the guy under the bus, but the report suggests other IFPI honchos knew all about the scheme. I find it amusing, by the way, that our regular commenters, who (falsely) call me a criminal, haven't had anything to say about these music industry folks and their scams.