New Zealand police cut way into mansion in fraud case

By REUTERS
January 21, 2012 09:48



WELLINGTON - New Zealand police broke through electronic locks and cut their way into a mansion safe room to arrest the alleged kingpin of an international Internet copyright theft case and seize millions of dollars worth of cars, artwork and other goods.




German national Kim Dotcom, also known as Kim Schmitz, was one of four men arrested on Friday in an investigation of the Megaupload.com website led by the US Federal Bureau of Investigation.




The group was accused of engaging in a scheme that took more than $500 million away from copyright holders and generated over $175 million in proceeds from subscriptions and advertising.



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