$200,000 Sofa.com Domain Name Stolen by Employee
The Sheboygan Press is reporting that at Sheboygan man was charged with selling his employer’s domain name for $200,000 and using corporate credit cards to finance international trips with a stripper girlfriend, according to complaint filed today in Milwaukee County Circuit Court.More here.
The domain in question is Sofa.com, which DNJournal reported sold for $200,000 in December 2005. The complaint alleges that Stephen M. Galstad sold the domain, which belonged to his employer Dinesen’s Leather Only, to a London-based firm without the company’s permission and then had the money wired to his personal account.
posted by Fergie @ 8/06/2007 05:01:00 PM
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