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Cohen is a con artist. A few years back, just after getting out of prison, he forged a transfer request for sex.com from Gary Kremen. Cohen ran sex.com for several years while it worked its way through the courts. Meanwhile he transferred ownership to a "mutual fund" in the Carribean (i.e. a shell corporation for himself), who ran the site out of a Cohen's data center in Mexico. It's been rumored that he shuttled most of the traffic to a crook who ran CC scams for several years (standard uncancelable "free trial" stuff), and combined they made several hundred million dollars. A court ruling in 2001 returned sex.com to Kremen, and awarded him $65 million in damages, which remains unpaid. Kremen got Cohen's $4 million California house, but Cohen and his loot are in hiding. In high style, no doubt. Last I heard, Kremen offered $50k for info on finding him...seems cheap all things considered, but it's something.
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