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Ultracade Cabinet Founder Faces Federal Fraud Charges

The former owner of Ultracade Technologies, a maker of MAME-style arcade cabinets, is looking at a 35-count federal indictment for fraud, theft of trade secrets, and trafficking counterfeit goods. The charges therefore mean not only was Global VR defrauded, but also licensees Namco, Nintendo and Taito, whose games ran on the cabinets. A second man allegedly sold the packs via eBay, and also used a proprietary burner to replicate them. Ultracade had a tortured organizational history going back to the 1990s but its cabinets were chic enough to be something of a luxury item among gaming cognoscenti . To contine reading this interesting article from ZergWatch, click here.

Full post as published by The Trade Secrets Vault on July 12, 2009 (boomark / email).