Feds Shutter Megaupload, Arrest Executives

Megaupload, the popular file-sharing site, was shuttered Thursday and its executives indicted by the Justice Department in what the authorities said was “among the largest criminal copyright cases ever brought by the United States.” Seven individuals connected to the Hong Kong-based site were indicted on a variety of charges, including criminal copyright infringement and conspiracy to commit money laundering. Four of the members of what the authorities called a five-year “racketeering conspiracy” were arrested Thursday in Auckland, New Zealand, the authorities said. One of those arrested was Kim Schmitz, aka Kim Dotcom, Megaupload’s founder. His attorney, Ira Rothken of California, said neither he nor his 37-year-old client, who resides in Hong Kong and New Zealand, was given the opportunity to surrender. Schmitz was arrested without notice, he said. “We’re looking into what’s going on,” Rothken said in a telephone interview.

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Feds Shutter Megaupload, Arrest Executives

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Thursday, January 19th, 2012 Net News

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