The United States Department of Justice has issued a statement confirming that it has arrested seven individuals connected to popular file-sharing site Megaupload and its various subsidiaries.
The alleged criminals and two corporations named in the complaint are charged with generating more than $175 million in profits through racketeering, conspiracy to commit copyright infringement, conspiring to commit money laundering, and two substantial counts of copyright infringement.
The individuals, including Megaupload founder Kim Schmitz, face up to 20 years in prison if convicted.