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Courts consider Dotcom a flight risk

The founder of the file-sharing site Megaupload was in court this week in New Zealand on appeal after the courts denied him bail citing flight risk. The courts again refused Megaupload.com founder Kim Dotcom bail. The courts continue to agree with prosecutors that Dotcom is a flight risk because he has bank accounts and passports under three different names and is a German national.
 
Dotcom has been known to go by the names Kim Smits and Kim Tim Jim Vestor. The man remains in police custody in New Zealand until February 22 when hearing on extradition to the United States is set. A High Court judge in Auckland said the lower court judge was correct in assuming Dotcom to be a flight risk. Justice Raynor Asher said there was nothing to keep the man in New Zealand other than the desire to collect his money. The man's accounts have been frozen.
 
Prosecuting attorney Anne Toohe said, "The judge correctly concluded that the risk of flight cannot be mitigated by the imposition of conditions, including electronic monitoring."
 
Dotcom is accused of being the ringleader of the group that willfully bypassed international copyright law while amassing fortune of around $175 million since 2005. The money was made by allegedly copying and distributing multimedia content with no authorization from the copyright holder. The defense attorneys claim Dotcom simply offered storage isn't responsible for the content users put on website.
 
Dotcom said in court, "I will not run away. I want to fight these allegations on a level playing field. I have three little children. My wife is pregnant with twins. I just want to be with them."
 
While Dotcom sits in the New Zealand jail denied bail, Megaupload's U.S. CEO and musician Swiss Beatz was detained on similar allegations and then release from custody. In fact, the U.S. CEO isn't even named the court documents while almost every other employee is.

Source: Reuters





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