Another Victim of Victimless Crime

When one thinks of a “victimless crime”, many thoughts come to mind. One of the most perplexing, particularly in light of the current economic crisis facing the United States, is “piracy” and more specifically, the theft of “intellectual property rights” (IPR). The federal government estimates that U.S. businesses lose $250 billion per year in sales to “pirated” goods. That’s right, billion – not million.