Kim Doctom, the founder of now defunct file-sharing and online storage site Megaupload, was ordered to be held in custody by a New Zealand court on Monday, even as he denied charges of Internet piracy and money laundering. Dotcom (aka Kim Schmitz), 37, was running his multi-million dollar empire from a sprawling mansion, which was valued at $30 million.
When the New Zealand police raided Dotcom’s residence on Friday, they were shocked to see the opulence lifstyle Dotcom led and… (View original article)