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New Zealand police seize Megaupload executives, assets

Friday, January 20, 2012 | 4:52 p.m. CST

WELLINGTON, New Zealand — New Zealand police raided several homes and businesses linked to the founder of Megaupload.com, a giant file-sharing site shut down by U.S. authorities, and seized guns, millions of dollars and nearly $5 million in luxury cars Friday, officials said.

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