Re: SOPA/PIPA
Posted: Thu Jan 19, 2012 3:39 pm
RIP megaupload ![[022.gif] :smt022](./images/smilies/022.gif)
![[022.gif] :smt022](./images/smilies/022.gif)
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A signing ceremony was held on 1 October 2011 in Tokyo, with the United States, Australia, Canada, Japan, Morocco, New Zealand, Singapore, and South Korea signing the treaty. The European Union, Mexico, and Switzerland did not sign the treaty, but "attended the ceremony and confirmed their continuing strong support for and preparations to sign the Agreement as soon as practicable".[9][10] Article 39 of ACTA specifies that the agreement is open for signature until 31 March 2013.
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Federal authorities claimed that Megaupload executives, including Schmitz who reportedly owned a 68 percent stake, made $175 million from user subscription fees and online ads. Authorities said the Web site robbed authors, movie producers, musicians and other copyright holders of more than $500 million, according to The Washington Post.
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Life of Luxury
Who exactly is Kim Schmitz? Schmitz is a 37-year-old German national who holds Finnish citizenship and has homes in Hong Kong and New Zealand, according to the Global Post. According to the FBI's indictment, the former hacker made $42 million from Megaupload and its associated Web sites including Megavideo, Megalive and Megapix.
Schmitz was found in the safe room of his New Zealand mansion. He lives in New Zealand's most expensive home, according to The Sydney Morning Herald - a $23 million mansion in Coatesville, north of Auckland, formerly owned by the founders of the Chrisco Christmas hampers empire.
Police raided the home to carry out 10 search warrants. They seized a total of 18 luxury vehicles, including Rolls-Royce Phantom Drophead Coupe and a 1959 pink Cadillac. He also had a 2012 Maserati and numerous Mercedes Benz vehicles.
The license plates on the vehicles were interesting unto themselves. They read: "GOD" (Rolls-Royce Phantom Drop Head Coupe), "MAFIA" (Mercedes-Benz ML63 AMG), "STONED" (Mercedes-Benz E63 AMG), "GOOD" & "EVIL" (Mercedes-Benz ML63 AMG).
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Not His First Breach with the Law
The Megaupload takedown was not Kim Schmitz's first breach with the law. His list of convictions date back years and include inside trading, credit-card fraud, hacking and embezzlement.
Schmitz was also the mastermind who cracked the systems of banks and governments, including Citibank and the Pentagon. He then fled to Thailand to avoid indictment in Germany, Deutsche Presse-Agentur reported. In 2002, Schmitz was deported from Thailand to Germany on charges of insider trading and fraud, according to The Sydney Morning Herald.
He was granted New Zealand residency despite his blemished past after he invested $NZ10 million in government bonds and made hefty donations to the Christchurch earthquake foundation.
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