Related topics: prosecutors · extradition · fbi · piracy

Megaupload boss allowed $49,000 monthly expenses

A New Zealand court granted Megaupload boss Kim Dotcom NZ$60,000 ($49,000) a month in living expenses Thursday as he awaits a US bid to extradite him on online piracy charges, reports said.

Nudging government to greater accountability

There is an increasing need for stronger accountability of government and thus greater demands on transparency of the diplomatic and national security apparatus. However, despite the advent of WikiLeaks, which purports to ...

Megaupload boss sweats on bail decision: reports

Megaupload boss Kim Dotcom is set to learn Wednesday if he will remain free on bail in New Zealand while US authorities seek his extradition on online piracy charges, reports said Tuesday.

Upper class people more likely to cheat: study

The upper class has a higher propensity for unethical behavior, being more likely to believe – as did Gordon Gekko in the movie "Wall Street" – that "greed is good," according to a new study from the University ...

Two Megaupload accused granted bail in New Zealand

Two of Kim Dotcom's co-accused were granted bail in New Zealand Thursday, a day after the Megaupload boss was ordered to remain behind bars pending US attempts to extradite him for copyright piracy.

Decision due in Megaupload founder's N.Z. bail bid

Megaupload founder Kim Dotcom is set to learn Wednesday if he will remain behind bars in New Zealand while US authorities seek his extradition on allegations of massive copyright theft.

Megaupload founder denies piracy, demands release

Megaupload's detained founder Monday denied wrongdoing after US authorities shut down his file-sharing website, as new details emerged of a rock-star life featuring "fast cars" and "hot girls".

Japan insurer reduces scandal-ridden Olympus stake

(AP) -- Nippon Life Insurance, the top shareholder in scandal-ridden Olympus Corp., said Thursday it reduced its stake in the Japanese camera and medical equipment maker that now risks being kicked off the Tokyo Stock Exchange.

Bad eggs and oil slicks: Making corporate crime pay

If courts were able to award appropriate punitive damages that punish wrongdoers at a level tied to a company's financial worth, then businesses big and small would be at risk of being put out of business by punitive damages ...

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