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5-2-96 FiTi reports at length on its investigation of a $19 million fraud and conspiracy involving smart cards using the Fiat-Shamir algorithm for encrypting UK video. Most of the detailed, complicated report is about the financial and tax-evasive shenanigan's of firms jointly providing the cards to BSkyB sat-tv. Adi Shamir's work is featured but he does not appear to be at fault, although a central role was played by News Data Security Products (10% owned by Shamir). The report does not get into the technology of crypto, but shows its keylock appeal for criminal conspiracies. KEY_lok