Well to get back to the side-track from earlier.
Being Dutch, I have no problem reading Dutch (who'd thunk?), and I must say that Sloot's patent is such a bad algorithm it's laughable.
He basically suggest numbering ever line on your screen, and then when he encounters a completely equal line, he would do something like line 50 is equal to line 4.
Everyone actually doing encryption knows that this is a horrible way to do encryption. The second step of his plan seems to be making a database of all possible "video-lines", then encrypting the movie as a collection of index numbers in that database.
I'm no encryption expert but know enough to know this is a non-sensical way to deal with this kind of data.
On the Roel Pieper involvement, Roel Pieper has been named in a number of shady investment companies. With Sloot, proper research would also show that he did not in fact invest in Sloot's invention, he founded an investment company for which he found other investors, he then put himself on the payrol of said investment company.
Not quite the story you or netwerk(dutch news-show that first featured this story) make it out to be.