Monday, January 23, 2012

Kim Dotcom founder Megaupload arrested


http://the-million-dollar.blogspot.com/p/about-me.html

Kim Dotcom, 37, who ran the world's largest file-sharing site from his $30 million mansion in Auckland, was refused bail when he appeared in the North Shore District Court this afternoon. Three co-accused were also refused bail.

Police tonight continued to search the Megaupload.com founder's house, where they have restrained electronic equipment, artwork and an eclectic fleet of luxury vehicles including a Rolls Royce Phantom Drophead Coupe and a 1959 pink Cadillac.

The vehicles are valued at around NZ$6 millions, while up to NZ$11 millions in cash was restrained in various accounts.

The raid was conducted alongside US Federal Bureau of Investigation agents, who had been working with New Zealand authorities on the case for almost a year.

The US government shut down Megaupload.com today, prompting retaliatory attacks by hackers on US public websites, including the FBI's site, and the websites of US film and music companies.

Kim Dotcom appeared in court alongside co-accused Finn Batato, 38, and chief technical officer and co-founder Mathias Ortmann, 40, both from Germany, and Dutch national Bram van der Kolk, 29.

Kim Dotcom  also known as Kim Schmitz or Kim Tim Jim Vestor.
Megaupload ranked 77 of the most visited websites.
Caused $500 millions in losses to the cultural industry.
With revenues of $175 millions.