German entrepreneur Kim Dotcom has admitted that he has run out of money after spending over $10 million on legal costs.
Speaking via a Skype call at the unBound Digital conference in London, Dotcom explained that his three-year legal fight could be coming to an end. “My legal team resigned after I ran out of money,” Dotcom said. “I spent $10 million to defend myself. They have drained all my resources.”

Dotcom was arrested in 2012 after a dramatic police raid on his $24 million mansion in New Zealand. The New Zealand government had worked together with copyright enforcement agencies in the US to bring down the serial entrepreneur, accusing him of aiding copyright pirates through his Megaupload file-sharing site.

Dotcom claimed that the appearance could be his last public interview, because he suspects that the New Zealand government could use his lack of funds to revoke his bail on during his next bail hearing on Thursday.

“I’m an easy target because of my flamboyant lifestyle. It’s hard to keep a low profile when you have number plates with ‘GOD’ and ‘STONED’ on them. Also, I’m German, and Hollywood loves German Bond villains.”

Read the Full Article: Source – Business Insider
http://www.businessinsider.in/Kim-Dotcom-Is-Officially-Broke/articleshow/45272933.cms

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