Enjoy unlimited access to all forum features for FREE! Optional upgrade available for extra perks.
Sedo.com

Stephen Cohen arrested

Status
Not open for further replies.

DaddyHalbucks

Domain Buyer
Legacy Exclusive Member
Joined
Oct 23, 2002
Messages
3,142
Reaction score
18
LA TIMES: Fugitive Online Porn Mogul Is Handed Over to U.S. Agents

By Richard Marosi and Joseph Menn, Times Staff Writer


SAN DIEGO -- Four years after dodging a $65 million court judgment by fleeing the country, former online-porn mogul Stephen Michael Cohen was arrested by Mexican authorities in Tijuana on an immigration violation and handed over Thursday to U.S. agents.

Cohen, a multiple felon and longtime con man, had been on the run since before 2001, when a judge ordered him to pay a San Francisco entrepreneur for hijacking the Internet address Sex.com. In 1995, Cohen forged a letter to Internet authorities to gain control of the address, which he transformed into a highly profitable site for pornography ads.

Cohen, who had been living in a Tijuana mansion, was being held without bail at the Metropolitan Correctional Center in downtown San Diego. His apprehension was the latest twist in one of the most bizarre and longest-running feuds of the dot-com explosion.

The contest pitted Cohen against Gary Kremen, a San Francisco engineer and investor who had the foresight to register the Web address in 1994, when names were doled out for free to the first person who asked.

While Kremen was busy with other things, including the company that grew into the online dating site Match.com, he did nothing with Sex.com. But Cohen, fresh off a federal prison term for fraud and forgery, saw the domain's potential.

In 1995, Cohen presented a forged letter to Network Solutions, ostensibly from Kremen's company, that said Kremen had been fired and that Cohen should get control of Sex.com. Network Solutions handed over the site.

When Kremen discovered what had happened, he was told by Network Solutions that they couldn't help him. They suggested he sue Cohen.. But Cohen was raking in what grew to be tens of millions of dollars by selling ads on Sex.com, and he and his lawyers put up a fight -- so ferociously that the federal judge on the case ordered Cohen arrested for contempt of court.

But Cohen was unavailable. During the years of litigation, he moved his millions overseas and left the country, occasionally calling Kremen to taunt him. Kremen got Sex.com back in late 2000 and the next year was awarded $65 million -- an amount that has since grown to $82 million, with interest. Kremen has collected some property from Cohen, but has yet to break even on his legal fees.

"I'm excited, and I'm happy to prepare for the next stage of justice," Kremen said Thursday.

An attorney for Cohen did not respond to a message seeking comment. Cohan was turned over to agents of the U.S. Border Patrol, Immigration and Customs Enforcement and U.S. Marshals Service, according to Deputy Marshal Tania Tyler.

http://www.latimes.com/news/nationw...207242.story?coll=la-tot-promo&track=morenews
 

JuniperPark

Level 9
Legacy Exclusive Member
Joined
Aug 3, 2003
Messages
2,911
Reaction score
90
I hired Steve Cohen in 1989 as an attorney to write one of the first 'terms of service' contracts for an online BBS. I insulted Gary Kremen when he called me after I had made a TV appearance discussing my matchmaking BBS - he wanted me to run free ads for some dumb idea he had called Match.com. Gary later dated someone I knew from the BBS days, who I happened to meet again when she travelled with a group of us to Belize last year. Gary lives 30 miles north of me, Steve WAS living 30 miles south of me. Small SMALL world.
 

DaddyHalbucks

Domain Buyer
Legacy Exclusive Member
Joined
Oct 23, 2002
Messages
3,142
Reaction score
18
JuniperPark said:
I hired Steve Cohen in 1989 as an attorney to write one of the first 'terms of service' contracts for an online BBS. I insulted Gary Kremen when he called me after I had made a TV appearance discussing my matchmaking BBS - he wanted me to run free ads for some dumb idea he had called Match.com. Gary later dated someone I knew from the BBS days, who I happened to meet again when she travelled with a group of us to Belize last year. Gary lives 30 miles north of me, Steve WAS living 30 miles south of me. Small SMALL world.


Steve was an "attorney?" LOL.

Was that another of his scams?
 

Focus

Making Everything Click
Legacy Exclusive Member
Joined
May 15, 2005
Messages
8,934
Reaction score
244
This long and seemingly never ending saga surrounding sex.com and all the other exploits he had in his long history of scams will soon come to an end with Cohen getting to be someones b*tch in federal prison for the next 10+ years..lol

good for him! :eek:k:

Chris
 

FineE

Level 5
Legacy Platinum Member
Joined
Mar 16, 2002
Messages
314
Reaction score
1
slavahosting said:
lol, wow it just keeps getting better and better

We must not forget the role of Network Solutions and Verisign in the sex.com saga. Let us not forget that Verisign is rumored to have paid $15,000,000 to Gary Kremen to settle over thier role in this. Also Network Solutions and Verisign spent years litigating against Gary Kremen.

Why Network Solutions did not hand over the domain to Gary Kremen when it was clear the transfer was fraudulent is beyond me. Instead this was allowed to become a multi million dollar fraud.
 

Poker

Domains
Legacy Exclusive Member
Joined
Oct 18, 2002
Messages
2,925
Reaction score
105
Agree FineE, they completely dropped the ball...
 

Sarcle

DNF Addict
Legacy Exclusive Member
Joined
Apr 21, 2005
Messages
2,246
Reaction score
7
To bad prisonb*tch.com is taken. Would have been a great site for him.
 

JuniperPark

Level 9
Legacy Exclusive Member
Joined
Aug 3, 2003
Messages
2,911
Reaction score
90
DaddyHalbucks said:
Steve was an "attorney?" LOL.

Was that another of his scams?

Yep. As I recall, he was caught because he was actually IN TRIAL, IN FRONT OF A JUDGE, defending a client in a criminal case when a presecutor sensed something was not right and looked up him. Never went to any law school.

He must been a Hummer to carry those cajones around.
 

Dave Zan

Level 8
Legacy Platinum Member
Joined
Aug 30, 2004
Messages
1,700
Reaction score
10
http://news.zdnet.com/2100-9588_22-5920092.html

Cohen, a fugitive residing in Tijuana, was detained by Mexican authorities when he tried to renew his work permit to operate another Internet pornography site. Mexican authorities, aware that Cohen faced an outstanding arrest warrant in the U.S., turned him over to the U.S. Marshals Service and U.S. Border Patrol, said Tania Tyler, a deputy marshal and spokesperson for the Marshals Service.

Was he really that foolish to renew his work permit by himself?

Anyway, looks like it's going to be an early trick or treat for Kremen. Hopefully
a person out there will have a handycam ready to take videos if and when he
and Cohen see each other face to face. :)
 
Status
Not open for further replies.

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Sedo - it.com Premiums

IT.com

Premium Members

MariaBuy

Our Mods' Businesses

UrlPick.com

*the exceptional businesses of our esteemed moderators

Top Bottom