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IP address fraud gets Micfo boss a five-year sentence

A Tough Week for IP Address Scammers – Krebs on Security

In the early days of the Internet, there was a period when Internet Protocol 4 (IPv4) addresses (e.g. 4.4.4.4) were given out like cotton candy to anyone who asked. But these days companies are queuing up to obtain new IP…

Tech CEO Pleads to Wire Fraud in IP Address Scheme – Krebs on Security

The CEO of a South Carolina technology firm has pleaded guilty to 20 counts of wire fraud in connection with an elaborate network of phony companies set up to obtain more than 735,000 Internet Protocol (IP) addresses from the nonprofit…

Tech CEO Sentenced to 5 Years in IP Address Scheme – Krebs on Security

Amir Golestan, the 40-year-old CEO of the Charleston, S.C. based technology company Micfo LLC, has been sentenced to five years in prison for wire fraud. Golestan's sentencing comes nearly two years after he pleaded guilty to using an elaborate network…

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