KIM DOTCOM

New Zealand court rules Megaupload founder can be extradited to the US for alleged fraud

1

The Auckland high court upheld a lower court’s decision on 13 counts including conspiracy to commit racketeering, copyright infringement, money laundering and wire fraud

2

The internet entrepreneur’s lawyer said the decision was “extremely disappointing” and that Dotcom, whose website was shut down in 2012 after an FBI-ordered raid on his Auckland mansion, would appeal to New Zealand’s Court of Appeal

3

US authorities say Dotcom cost film studios and record companies more than $500 million and generated more than $175 million by encouraging paying users to store and share copyrighted material.