N.Z. Police Raid Megaupload Head

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.