Brad and Dusti Pearce were accused of stealing so many phone licenses that they nearly cornered the global market for such software.
An unassuming couple from a tiny town in Oklahoma have pleaded guilty to running a scam that flooded the world with so many pirated office phone-system licenses stolen from the telecom company Avaya that they nearly cornered the global market for the software.
Over the course of about a decade, prosecutors say the couple, who lived in the town of Tuttle, Okla., sold $88 million worth of Avaya licensing codes to various distributors and resellers around the world. Prosecutors say the Pearces used a complex array of bank accounts and Paypal profiles to help obscure the scope of the scam, eventually transferring much of the proceeds into cash they hid in safe deposit boxes, gold and silver bars and ingots and collectible coins.
He would then sell them to distributors for anywhere from $100 up to several thousand dollars, according to court documents. He and his wife would accept payment through PayPal accounts they had set up in false names, and would then funnel the money through a multitude of bank accounts to obscure its origins.
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