Megaupload: The Kim Dotcom Story

Police seized millions of dollars, a vast collection of luxury cars and sawn-off shotguns when they raided the mansion of a man accused of being one of the world's biggest internet pirates.
Swooping on convicted fraudster Kim Dotcom's 32 million dollar home outside Auckland by helicopter, officers had to cut their way in to arrest him after the founder of the MegaUpload website retreated into a fortified safe room.
Dotcom, 37 -- nicknamed Dr Evil -- has Finnish and German citizenship. He and six of his employees face charges by U.S. prosecutors in what they say is one of the biggest criminal copyright theft cases ever brought.

MegaUpload, which the U.S. government shut down yesterday, is a Hong Kong-based 'cyberlocker' service that allows users to download pirated films, TV shows, music and e-books with just a few clicks.
It is accused of costing copyright owners 500 million dollars in lost earnings and of making 113 milliondollars by selling advertising and premium subscriptions.

Police said that in total officers served 10 search warrants at businesses and homes related to Dotcom around the city of Auckland.
Police spokesman Grant Ogilvie confirmed that the seized cars included a Rolls Royce Phantom Drophead Coupe worth more than $400,000 as well as several Mercedes.
Two short-barreled shotguns and a number of valuable artworks were also confiscated, he added.
Along with the assets, Police seized more than $8million invested in New Zealand financial institutions, which has now been placed in a trust pending the outcome of the cases.

Although music stars such as Kanye West and Alicia Keys have supported MegaUpload, film and record companies say the seven-year-old file-sharing site is making a fortune off their work without paying them a penny.
Hollywood film companies have been the main victims of piracy. The seven accused MegaUpload executives -- including two other Germans and a Dutchman also seized in New Zealand -- are each charged with five counts of racketeering, copyright infringement and conspiracy, and could be jailed for up to 50 years.

Category:

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[LNGamlng]

500 million dollars which goes to shit any way, i'm not paying for people who do NOT deserve money, fuck em. also SOPA didn't go through, THIS IS BULLSHIT

[TheProductionEmpire]

@LNGamlng No but ACTA did

[chuyito1010]

1:51 WOW WOW WOW HES PLAYING CALL OF DUTY MW3 WHATS HIS GAMERTAG

[TheProductionEmpire]

@chuyito1010 You might find him under "prison bunny" :)

[sammallory79]

@leeroynaggins agreed, these record companies lost it when E-40 went Federal and showed the industry that a black man could do it without being pimped by a bunch of greedy assholes. Sorry but we should not be paying $100 a ticket at concerts and so on. Free the arts.

[BitchIBroughtMyLand]

They are just pissed off cause the money they would get that wont so they cant support the illuminati or the establishment lmfao. KILLUMINATI !!!

[thompsoon3]

Lol you coon

[xgunnaz4lyfx]

Kim created the site but never uploaded a single piracy file. Why the fuck is he in jail!?

[L2PGod]

Im sorry hahahahahhahah fucking cooooon

[Chickenjuggle]

@LNGamlng Instead of watching a social satire, how about trying some actual research? Musicians hardly get any money from sponsorships. They may get free or discounted products, but that is no means by which they can make ends meet. The need to be able to make money off of their record sales, something that sites like Megaupload has crippled.

Imagine you met Leonardo DaVinci three months after he painted the Mona Lisa. Would you steal it?

[nigroid213]

@chuyito1010 MEGARACER, he was number 1 il most kills by far until this crap all happened

[LNGamlng]

@Chickenjuggle yeah but have you seen how much money they get just on fucking sponsors ? millions... go watch the south park episode about privacy they explain it very well

[CopyrightActivist]

What's truly amazing is how this isn't the first time that those down under have been targeted. You should look up Hew Raymond Griffiths for similar treatment.

[Chickenjuggle]

@LNGamlng Probably because MegaUpload prevented artists from being paid for their work. That's otherwise known as stealing, which is a crime.

You're just pissed because your free downloads site was shut down. I guarantee you wouldn't be preaching about freedom if this video was about someone who physically stole millions of movies and records.

[sroman4]

It's great when he says Kane West! I miss Megavideo sooooo much!