Piracy on the high Cs
Sam Goody started a popular chain of New York record stores by buying old jazz recordings for resale. Last week a Brooklyn grand jury indicted Sam Goody Inc., President George Levy and Vice President Samuel Stolon for illegally improving on the founder's good thing. Goody and its officers were charged with counterfeiting eight-track tapes and cassettes and then selling them in their stores. They are also accused of returning unsold counterfeits to the record companies for credit as original merchandise.
The Federal Bureau of Investigation uncovered the Goody scam through one of its now glamorous "sting" operations. The...
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