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Torretfreak reports, four underage admins of Finnish BitTorrent Track 'Finreactor' have plead guilty and agreed to pay fines of US$60,000 each. The Finnish equivalent of the RIAA, Teosto with the help of Finland's National Bureau of Investigation, shut down Finreactor in 2004, which at the time was the largest Finnish BitTorrent tracker.

The International Federation of Phonographic Industry (IFPI ) sent out this press release after the conviction of Finreactor admins.

21 admins were convicted will have to pay restitution approximately US$700,000 (in total) to the copyright holders. If Sven starts shoveling his neighbor's driveway of snow now, he should have the fine paid of before he's 30.

Underage Finnish BitTorrent admins fined $60,000 each [TorrentFreak]
Ground breaking verdict [IFPI]