A New Jersey man has been charged with stealing the p2p.com domain name and
selling it to a professional basketball player for more than $111,000 in the
first US indictment for domain name theft.

In May, 2006, Daniel Goncalves, now 25, of Union City, illegally accessed
accounts of domain name registrar GoDaddy "for the purpose of altering
registration information for ‘p2p.com,’ to fraudulently transfer registration of
‘p2p.com from its lawful registrant," according to the indictment, which was
filed by the New Jersey Attorney General’s office.

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