October 28, 2005 -- (WEB HOST INDUSTRY REVIEW) -- The hijacker of the sex.com domain Stephen Michael Cohen was arrested in Mexico and handed over to US authorities on Thursday, reports say.
Why use a vendor when you can choose a partner? DataPipe delivers highly customized solutions to meet your unique IT needs. World-class data centers in the U.S., London & China. DataPipe - Personal Touch, Global Reach.
Cohen was reportedly living in a mansion in Tijuana before being arrested by Mexican authorities for an immigration violation. He is being held without bail in San Diego, California.
The convicted felon and former online porn entrepreneur has been on the run ever since being ordered to pay a $65 million settlement for hijacking the sex.com from Gary Kremen back in 2001.
Kremen registered sex.com in 1994. Cohen, obviously seeing the domain's potential, forged a letter to the domain registrar Network Solutions asking that the domain be transferred over because Kremen had supposedly been fired. Network Solutions obliged.
Kremen could not get the domain back and on the advice of Network Solutions sued Cohen directly. By that time, Cohen had made tens of millions of dollars with the domain and had moved his money out of the country. He then left himself.
Kremen eventually got the domain back in 2000. But according to reports, he has only seized some of Cohen's property and has not yet broken even on his legal fees. The $65 million he is owed has now grown to $82 million with interest.
