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  Microsoft Says It Lost Millions of Dollars Because of Counterfeit Ring
Time: 15:59 EST/20:59 GMT | News Source: Wall Street Journal | Posted By: Todd Richardson

Microsoft Corp. said late Friday it may have lost several hundred million dollars due to a counterfeit-software ring the FBI busted Thursday with the arrest of 27 people. The two-year undercover investigation resulted in the arrest of people from northern California , Washington and Oregon . Microsoft said those arrested are allegedly responsible for "the largest criminal conspiracy in the history of the software industry involving the distribution of counterfeit and infringing software"

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