Kim Schmitz: Journey from Internet Icon to Convicted Cyber Criminal

The escapades of larger-than-life German Netrepreneur Kim Schmitz made him a cult figure. Now they've landed him in jail. Eight months before the indictment, Kim Schmitz saw it coming. As German authorities closed in on the one-time hacker and Internet . . . The escapades of larger-than-life German Netrepreneur Kim Schmitz made him a cult figure. Now they've landed him in jail. Eight months before the indictment, Kim Schmitz saw it coming. As German authorities closed in on the one-time hacker and Internet entrepreneur, he threw one last blow-out party in May, 2001 -- immortalizing the revelry with digital photos posted on his Web site. Schmitz and entourage headed off to Monaco from Munich in a fleet of rented sports cars, booked a pair of huge yachts, and invited a bevy of attractive women in bikinis to join them. The champagne alone cost $40,000, Schmitz boasted on his Web site.

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