Hi_Lo
2 days ago
From a previous PR last year on direction of company/shell.....
From yet another news articles on BCAP CEO Jake P. Noch's MASSIVE Spotify fraud.
https://www.vice.com/en/article/v7gmvd/spotify-sues-self-described-music-prodigy-who-allegedly-ran-royalties-scam
Spotify Sues Self-Described 'Music Prodigy' Who Allegedly Ran Royalties Scam
Spotify says Jake Noch "[generated] hundreds of millions of fraudulent streams" and engaged in "title track parasitism" among other fraudulent practices on its platform.
JC
By Jelisa Castrodale
May 19, 2020, 4:38pm
Last November, the 20-year-old head of indie hip-hop label Sosa Entertainment filed a massive (and massively complicated) lawsuit against Spotify, alleging that the digital music service hadn't paid royalties on more than 550 million streams of its songs. According to Billboard, Sosa Entertainment founder Jake Noch also named his other company, PRO Music Rights, as a plaintiff in the lawsuit, and the co-plaintiffs sought millions of dollars in damages, asking for $150,000 for each infringement.
Noch's lawsuit accused Spotify of a number of transgressions, including unfair and deceptive business practices, willfully removing Sosa Entertainment's content, "obliterating" his expectations, and refusing to pay royalties. In a statement, Noch said that he was willing to "fight to the end" if it meant that Spotify would ultimately compensate the artists who were affected.
"I have a duty to see this through so that I can pay my artists what they are owed from Spotify," he said. "I know others feel the same way as I blaze this trail for the music community, who I know is behind me and roots for our success in bringing down Spotify."
Part of Noch's problems with the company started in the spring of 2017 when Spotify removed all of Sosa Entertainment's song's from its servers and "blanket banned" Noch and his companies from using the platform going forward. According to Noch—who describes himself as a "musical prodigy" in his lawsuit—Spotify informed him that the songs were removed because of "abnormal streaming activity," but the company didn't give him the opportunity to explain what could've caused the weird-looking streaming data. Noch has alleged that Spotify just "fabricated a reason" to kick him off the platform, in an attempt to avoid having to pay the royalties that he was due.
But in its own countersuit, filed on Monday, Spotify says no, it was just because of the abnormal streaming, and also because Noch allegedly "designed a scheme to artificially generate hundreds of millions of fraudulent streams" in order to game the system and rack up a ton of royalty payments.
"Starting in 2016, Noch designed a scheme to artificially generate hundreds of millions of fraudulent streams on songs he had seeded on Spotify’s online music-streaming service," the company's complaint reads. "Noch’s objective was plain: to manipulate Spotify’s system to extract undeserved royalties at the expense of hardworking artists and songwriters."
Billboard reports that Spotify removed Noch's content from its platform after being contacted by a whistleblower who claimed that Noch had instructed a bot farmer to create literally millions of fake accounts to stream songs from the Sosa Entertainment catalog. Spotify's own analysts became suspicious when one of Noch's records went from zero streams to 400,000 in under a week, while a second album racked up 749,000 streams in two days. (Spotify also apparently determined that 5,500 of the accounts that played the latter record supposedly all lived in the same American town—even though the town's total population was just around 10,000 people.)
The company has also accused Noch of "title track parasitism," which involves uploading songs with the same name and punctuation of legitimate hit songs. Spotify's legal filing identified two "AI-generated sound loops" that had been given the same name as then-popular tracks by DJ Snake and XXXTentacion.
"This was one of the most egregious fraudulent streaming operations from a single rights holder that Spotify had to deal with in its company’s history," Spotify wrote in its complaint. The company's countersuit is asking for compensation for a long list of Noch's alleged transgressions, including fraud, fraudulent concealment, breach of contract, indemnification, unjust enrichment and deceptive business practices.
Damn, most 20-year-olds can only dream of being dragged that hard by an international streaming service. A musical prodigy, indeed.
Hi_Lo
2 days ago
From a previous PR last year on direction of company/shell.....
From news articles on BCAP CEO Jake P. Noch's MASSIVE Spotify fraud.
https://www.billboard.com/pro/spotify-indie-label-streaming-fraud-millions-fake-accounts-countersuit/
Spotify Countersues Indie Label, Alleging Massive Streaming Fraud & Millions of Fake Accounts
Spotify has countersued indie label Sosa Entertainment and its founder Jake Noch, alleging massive streaming fraud, unjust enrichment and the creation of millions of fake accounts to generate…
BY DAN RYS
In November 2019, indie hip-hop label Sosa Entertainment and its founder, 20-year-old Jake Noch, filed a lawsuit against Spotify that alleged the streaming service failed to pay royalties on over 550 million streams of its music. The suit, which was also brought on behalf of Noch’s PRO Pro Music Rights (which was later removed), sought $150,000 in statutory damages for each infringement, and alleged that Spotify removed its music not because it detected “abnormal streaming activity,” as the service claimed, but because it was trying to dodge paying royalties on the streams.
Now, Spotify has fired back with a countersuit alleging that Noch “designed a scheme to artificially generate hundreds of millions of fraudulent streams” in order to “manipulate Spotify’s system to extract undeserved royalties at the expense of hardworking artists and songwriters.” The filing, which is supported by screenshots of messages allegedly between Noch and a “bot farmer” and charts that show streams on Noch’s music go from zero into the hundreds of thousands in a matter of days, also alleges that Noch directed the bot farmer to create millions of fake accounts and changed the names of songs in his catalog to closely resemble those of established hit songs, like XXXTentacion’s “SAD!” and DJ Snake’s “Taki Taki.”
Indie Hip-Hop Label Files Suit Against Spotify Over Catalog Takedown
Trending on Billboard
Noch, who lists himself as the chief executive of Sosa and Pro Music Rights, as well as a handful of additional music companies, has quite the proud litigious history, having released several press releases touting lawsuits against Spotify, Apple, Google, YouTube, Amazon, SoundCloud, Pandora, Deezer, iHeartRadio and more. Pro Music Rights claims a database of some 2 million tracks, including more than 23,000 by various artists using some form of the name “LEGATO,” like LEGATO_DIMY, LEGATODE45, LEGATODI001, LEGATOGILL2002 and LEGATOKAL999, to name a few.
According to Spotify’s counterclaim, filed Monday (May 18), the service first detected artificial streaming activity on Noch’s content in March 2016 and eventually banned his music from the service, before extending that ban to all content related to Noch. Noch then tried to “smuggle” the content back onto the service using slightly different names and created millions of fake accounts to stream that music.
In June 2016, a whistleblower contacted Spotify with screenshots that purported to show Noch directing the person to create millions (direct quote: “i need millions”) of fake accounts. And while Spotify had identified the fraud a few months prior, the company had already paid a small amount of royalties to Sosa and Noch — royalties that otherwise would have gone to legitimate songwriters with songs being streamed by legitimate fans. According to the complaint, for one of Noch’s albums that jumped from zero streams to more than 400,000 in just days, 99% of its streams came from Spotify’s ad-supported free tier and from accounts registered to male users in the United States, a pattern that was also found for other works.
Noch then changed distributors and changed the names of some of his companies in order to dodge Spotify’s fraud detection systems, with slightly different artist names, song titles and cover artwork. In one section of the complaint, attorneys wrote that “analysts at Spotify found that 5,500 ‘users’ streaming one of the Sosa albums ‘originated’ from a small American town with a total population of 10,000. For that album, the stream count jumped from zero to 749,000 streams in a span of only two days… This pattern is highly anomalous and not at all correlated to any possible pattern of genuine streaming activity.”
Spotify Combines Artist, Label Analytics In One Place
In another example from the complaint, in what the filing calls “title track parasitism,” Noch and Sosa uploaded tracks called “SAD!” with the same punctuation as the XXXTentacion hit, and “Taki Take,” shortly after the similarly-named DJ Snake song reached the top 20 of the Billboard Hot 100. Some of the tracks that Noch and Sosa would release on Spotify were AI-generated sound loops.
In all, Spotify’s counterclaim seeks relief for fraud, fraudulent concealment, breach of contract, indemnification, unjust enrichment and deceptive business practices. As another line in the complaint reads, “This was one of the most egregious fraudulent streaming operations from a single rights holder that Spotify had to deal with in its company’s history.”
After the publication of this story, Noch provided a comment to Billboard which reads, in part, “Spotify’s claims are laughable… I also greatly look forward to the day we get to go to court, and I hope that all of Spotify’s shareholders will pay close attention to these cases… Time will prove that we are right.”
easymonee
2 days ago
Yes, it appears that Baron Capital Enterprise, Inc. (BCAP) has indeed requested a NOBO (Non-Objecting Beneficial Owner) list. According to a post on X from March 21, 2025, at 4:00 PM PDT by @Sunset_TG
, "Baron Capital Enterprise, Inc. (OTC: $BCAP) will be ordering a NOBO list over the weekend and expects to receive it by April 4, 2025." This indicates that as of late March 2025, BCAP has taken steps to obtain this list, aligning with your statement.
For context, since BCAP is a Grey Market ticker—traded OTC with minimal transparency after likely falling from higher tiers due to regulatory or filing issues—the NOBO list is significant. It would allow BCAP’s management to identify shareholders who hold stock through brokers and haven’t opted for anonymity, helping them communicate directly with these owners. Given BCAP’s "Caveat Emptor" status on OTC Markets and its opaque operations, this move could be part of an effort to regain traction, update shareholders, or pursue a revival strategy, such as filing to restore Pink Current status.
The request aligns with the timing you implied (current as of March 23, 2025, 4:51 PM PDT), as the X post predates today by two days and references a weekend order, likely executed by now. While the list isn’t in hand yet—expected by April 4—it confirms BCAP’s intent to leverage this tool, consistent with its importance for Grey Market stocks as I outlined earlier: transparency, governance, and potential reactivation. If you’re tracking BCAP’s next steps, this is a concrete development to watch!
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easymonee
2 days ago
From GROK on X, very interesting
Finding Anything on "DX Capital Partners, LLC" Tied to the $1.5 Million Deal
The primary lead is a post on X from March 21, 2025, at 5:47 PM PDT by @Sunset_TG
: "Disclosure: Jake P. Noch Family Office, LLC. has signed a term sheet to invest $1,500,000.00 USD in DX Capital Partners, LLC. Therefore, shareholders of Baron Capital Enterprise, Inc. (OTC: BCAP) should be aware of this potential conflict of interest." This is the anchor for your query.
Deep Search Results:
Direct Evidence: Beyond this X post, there’s no immediate public trace of "DX Capital Partners, LLC" tied to this specific $1.5 million deal in standard financial databases (e.g., SEC EDGAR, Crunchbase, PitchBook) or news outlets as of now. The lack of hits suggests it’s either a newly formed entity, a low-profile private firm, or simply hasn’t been widely documented yet.
Baron Capital Enterprise (BCAP) Context: BCAP is an OTC stock with a murky history. OTC Markets labels it "Caveat Emptor," indicating limited transparency or past issues. Old filings (e.g., from 2010s) hint at interests in Asian banking and financial services, but current operations are unclear. The X post implies Jake P. Noch’s family office has influence over or ownership in BCAP, and the investment in DX Capital Partners, LLC might intersect with BCAP’s stakeholders—hence the conflict warning.
Jake P. Noch Family Office, LLC: This entity appears to be a private investment vehicle. A quick web search shows Jake P. Noch linked to various LLCs and OTC ventures (e.g., via filings or press releases from sites like otcmarkets.com), often as a CEO or manager. No detailed profile emerges, but it’s plausible this family office is funding DX Capital Partners, LLC as a new venture or portfolio company.
Speculative Profile: The term sheet—a non-binding deal outline—suggests DX Capital Partners, LLC could be a venture capital fund, private equity firm, or special-purpose vehicle (SPV) set up for a specific investment. The $1.5 million amount is modest for VC/PE, hinting at an early-stage fund or a niche play. Without more, its focus (tech, finance, etc.) remains guesswork.
X and Web Cross-Check: No follow-up posts on X or web articles (e.g., via Google News, Bing) elaborate on this deal by March 23. Searches for "DX Capital Partners, LLC" + "Jake P. Noch" or "BCAP" yield only the X post in real-time results. This silence could mean the deal’s still in negotiation (term sheets aren’t final) or it’s too small to hit mainstream radar.
Conclusion: The $1.5 million deal is real per the X disclosure, but DX Capital Partners, LLC remains a shadow entity—likely U.S.-based (given the LLC and USD), possibly tied to Noch’s investment strategy, and linked to BCAP’s orbit. For more, you’d need BCAP shareholder updates, an SEC filing if it materializes, or a press release from Noch’s office. It’s a lead with no trail yet—check back in a month or two!
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