Gary Kremen
Gary Alan Kremen (born 1963) is an entrepreneur
who first registered the domain
name sex.com
in 1994. He also started match.com in 1993. He was
assisted early on by Peng Ong, the founder of Interwoven,
management consultant and entrepreneur Simon Glinsky, and
Fran Maier of TrustE.
In 1996 a convicted fraudster, Stephen M. Cohen, contacted
Network Solutions and fraudulently had the domain transferred
to his name.
Kremen took the matter to the courts where he struggled
to make a case, on limited resources, against Cohen's multi-million
dollar pornography empire.
Kremen took the upper hand when two of Cohen's rivals in
the pornographic industry, Seth Warshavsky and Ron Levi,
helped fund Kremen's case. After a long and complicated
legal battle headed up by cyberlawyer Charles Carreon, the
domain was eventually returned to its original owner, Kremen.
In the meantime, however, Cohen had profited vastly through the property and
Kremen tried to wrest back some of these profits through
further court action. He was awarded a judgment of $65 million
against Cohen. Kremen also successfully litigated again
Network Solutions http://caselaw.lp.findlaw.com/data2/circs/9th/0115899p.pdf
Cohen fled to Mexico and moved the money offshore.
On October 28th, 2005, the Los Angeles Times reported that
Cohen had been arrested in Mexico and turned over to US
Authorities. [1]
Kremen sold sex.com to Boston-based Escom
LLC for $14 million in January 2006. [2]
Kremen is also the primary inventor of a patent for creating
dynamic
web pages, patent #5706434 which he resold for over
$1,250,000.
Kremen currently lives in Rancho Santa Fe, California.
This article is licensed under the GNU
Free Documentation License. It uses material from the
Wikipedia
article "Domain Hijacking".
DynoHosts.com - Special
Web Site Hosting Offer: Economy Plan:
• 5 GB Space • 250 GB Transfer
• 500 Email Accounts • FREE! Software
• 10 MySQL Databases • 50 Email Forwards
• Forums, Blogging, Photo Galleries • No ads
24/7 Live Toll Free Support, 30 Day Money Back Guarantee,
SSL, eCommerce & more.
|
