I have a strong distrust for authority, but even I would report espionage and IP theft of this sort. Downloading a movie doesn't bother me. Running a site for others to download movies doesn't bother me. But being a snake to go defraud a company to steal the hard work of others so your own illicit company can turn a profit off said labor by others irks me. Do your own R&D.
Did you ever consider doing raising a red flag? If so, why did or didn't you?
Did you ever consider doing raising a red flag? If so, why did or didn't you?