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A recent article in EE Times by Cees Jan Koomen talks about an improbable compression scheme proposed by Jan Sloot in the late 90's. Sloot claimed to be able to compress a movie down to 8 kbytes, and was ready to take in some real money just before his untimely death.
For some reason the field of data compression seems to attract more than its share of scammers, and in a few cases they have managed to collect millions of dollars in investment money before either being exposed, indicted, or disappearing.
February 09, 2009
URL:http://www.drdobbs.com/architecture-and-design/perpetual-compression-and-the-death-of-a/228700464
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