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Starked SF, Unforgiving News from the Bay

Soap-On-A-Rope: Stephen Cohen Suckles Sex.com for the last time

by Paul on February 27th, 2007

StarkedSF rarely has the opportunity to bestow the dreaded Soap-on-a-Rope award outside the financial services sector, so we are extremeley pleased to give the honor to Stephen Michael Cohen, the guy who jacked Sex.com from its rightful owner, Gary Kremen, and allegedly pissed away $65 million from the site’s revenues.

Cohen was in the news Monday, as he threw up his hands when asked about the $65 mil. The crafty jacker said he was broke, jobless, and a victim of the FBI, an agency Cohen claims intentionally deep sixed his financial records.

Cohen claims he has no personal property, money, investments, or anything else above the $250 asset surrender value. I got a roll of duct tape and a pinking shears that say otherwise.

POSTED IN: News, soap-on-a-rope

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