A New Jersey man who admitted stealing a valuable Internet address and selling it to a former NBA player has been sentenced to five years in prison.
Daniel Goncalves pleaded guilty in December to stealing the P2P.com domain name and selling it on the eBay auction website for $111,000. He was sentenced Friday and was ordered to pay restitution.
Goncalves was arrested in 2009 after an investigation by the State Police Cyber Crimes Unit.
He admitted illegally accessing an account belonging to the owners of P2P.com and transferring it to his account. He sold the name to former Los Angeles Lakers and Minnesota Timberwolves forward Mark Madsen, known for his uncoordinated dancing at Lakers championship celebrations. Madsen wasn't aware the domain name was stolen.
Prosecutors say the name was worth up to $200,000.