N.Z. Police Raid Megaupload Head

    Megaupload.com employees Bram van der Kolk, also known as Bramos, left, Finn Batato,second from left,  Mathias Ortmann and founder, former CEO and current chief innovation officer of Megaupload.com Kim Dotcom (also known as Kim Schmitz and Kim Tim Jim Vestor), right, appear in North Shore District Court in Auckland, New Zealand, Friday, Jan. 20, 2012. The four appeared in court in relation to arrests made to Megaupload.com, which is linked to a U.S. investigation into international copyright infringement and money laundering. (AP Photo/Greg Bowker, New Zealand Herald) NEW ZEALAND OUT, AUSTRALIA OUT

    Greg Bowker, New Zealand Herald / AP Photo

    New Zealand police seized a pink Cadillac, a sawed-off shotgun, and froze millions of dollars in cash after raiding on Friday a fortified mansion occupied by the Internet guru known as "Kim Dotcom," the head of the website Megaupload now accused of online piracy. Armed officers arrested Kim Schmitz, a 37-year-old German citizen with New Zealand and Hong Kong residency, and he was denied bail with three other men on Friday in a court appearance. Megaupload, one of the world’s largest file-sharing sites, was shut down by U.S. authorities Thursday in one of the largest cases of copyright theft ever.

    Read it at AFP