Last year, journalists from New Zealand’s Investigate Magazine looked into the identity of the mystery man at the centre of MegaUpload. Kim Schmitz is a former German computer hacker with something of a chequered past. He made a name for himself infiltrating some the best protected computer systems in the world (including NASA’s) and has been accused of getting rich on the back of fraudulent transactions and insider trading. In the early 2000’s, Kim Schmitz discovered Internet streaming. He created MegaUpload Limited in 2005 with a Finnish passport, presenting himself as Kim Tim Jim Vestor. Alternately using his German passport (where he is identified as Kim Schmitz) and his Finnish passport, he set up several companies – Kimpire and Kimvestor – in Asia following the Mega model. At the end of 2010 he relocated to New Zealand. […]
The management of the majority of Mega sites is carried out via the company MegaUpload Limited, located in the Won Chaï business district in Hong Kong. Founded in 2005, the company was likely set up there to capitalise on Hong Kong’s extremely flexible regulations for foreign companies, which include exemption from corporation and income taxes.
Fascinating stuff. Cyberpunk came true.