Crossword Genius

Crime overseas in Capri damaging contemporary foundation (6)

Ross

I believe the answer is:

piracy

I'm a little stuck... Click here to teach me more about this clue!

'crime' is the definition.
(piracy is a kind of crime)

'overseas in capri damaging contemporary foundation' is the wordplay.
I cannot really see how this works, but
an anagram of 'capri' is 'pirac' which is within the answer.
A single letter 'y' remains which might be clued in a way I don't understand.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for piracy that I've seen before include "Buccaneering" , "Robbing of ships at sea" , "Copyright infringement" , "Robbery at sea or of copyright" , "Act of plagiarism" .)

I've seen this clue in the Irish Times.
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