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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

First Known Criminal Indictment of a Domain Thief Has Been Handed Down by New Jersey's Attorney General

In August we told you about the arrest of Danny Goncalves, the man accused of stealing P2P.com from co-owners Marc Ostrofsky, Albert Angel and his wife Lesli Angel in 2006 and 

selling it on Ebay for six figures. This evening I received word from one of the victims, Albert Angel, that New Jersey Attorney General Anne Milgram indicted Goncalves today for that hijacking, the first known instance of a domain thief being indicted on criminal charges. You can read the Attorney General's entire press release about the indictment here (PDF document). 

It turned out that Goncalves picked the worst possible people to try to steal from. Marc Ostrosky is an industry pioneer (who sold Business.com in a deal valued at $7.5 million) and Albert Angel is a noted attorney and former Justice Department prosecutor who wasn't going to rest until 

justice was served. His perseverance led to today's indictment and we are hopeful it will lead to a conviction that will serve notice that domain theft will no longer by overlooked by the criminal justice system. 

(Posted Nov. 16, 2009)


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