NJ man accused of stealing Web domain name, selling it to former NBA player for $111,000

NJ man indicted in Web name theft, sale on eBay

TRENTON, N.J. — A northern New Jersey man has been indicted on charges he stole a valuable Internet address and sold it on the eBay auction site to a former NBA player for $111,000.

A state grand jury on Monday indicted 25-year-old Union resident Daniel Goncalves on charges of theft by unlawful taking, theft by deception, computer theft, identity theft and falsifying records.

Authorities say he hacked into an account on the Go Daddy Group registration service in 2006, transferred the domain name P2P.com to his own Go Daddy account and sold it to former Los Angeles Lakers and Minnesota Timberwolves forward Mark Madsen. Madsen didn’t know the Internet address was stolen.

New Jersey authorities arrested Goncalves in July.

Defense lawyer John A. Young Jr. hasn’t returned a telephone message seeking comment.