Kim Dotcom | Anorak

Posts Tagged ‘Kim Dotcom’ will not help Megaupload users get their ‘stolen’ property back

MEGAUPLOAD.Com, the file-sharing website registered in Hong Kong, is closed by the FBI and its multi-millionaire founder, Kim Dotcom (aka Kim Schmitz), arrested by the FBI and the Organised and Financial Crime Agency New Zealand in the panic room at his New Zealand mansion on his 38th birday.

Kim Dotcom is not a US citizen. He holds residency in New Zealand, Finland and Germany.

Kim Dotcom was honest with the Kiwi authorities and passed the good character and health requirements for New Zealand residency.

New Zealand’s Dominion Post newspaper reports that Kim Dotcom was given residency in 2010 under the investor plus category, which requires an investment of at least NZ$10million in New Zealand. Dotcom invested in Government bonds.

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Posted: 24th, January 2012 | In: Key Posts, Technology | Comment (1)

Kim Dotcom refused bail: Megaupload founder banned from bedroom swimming pool (photos)

MEGAUPLOAD.COM is dead. The owner of the Hong-Kong-based file-sharing website, Kim Dotcom ( formerly Kim Schmitz), is in a New Zealand jail. The FBI accuses the 38-year-old multi-millionaire of internet piracy, criminal copyright, infringement and conspiracy to commit racketeering money laundering. The FBI alleges Megaupload defrauded the entertainment industry of $500m. Kim Dotcom was arrested at his NZ$30 million (£15 million) 25,000-square-foot rented mansion in Auckland last Friday. He was hiding in a metal-cased panic room and had to be cut out.

The mansion boasts a heated pool just off the master ensuite filled with imported spring water. The place has about seven 60-inch television screens – each with its own X-box and luxury, recliner chair.

Police seized $4.8 million worth of cars at Doctom Mansion, with license plates like “GUILTY,” “MAFIA”, “POLICE” and “STONED.”

Anne Toohey, the New Zealand crown prosecutor, put it to the North Shore court in Auckland that Mr Dotcom represented a a flight risk “at the extreme end of the scale”. Given his access to big money, cars, boats, aircraft and multiple aliases (Schmitz, Vestor and Dotcom), the chance that he would abscond seems high. Kim Dotcom’s lawyer, Paul Davison, said his client was no risk. He noted that Kim Dotcom’s assets have been frozen and his passport confiscated.

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Posted: 23rd, January 2012 | In: Key Posts, Technology | Comment