Silicon Valley buccaneer jailed
Saturday 15 April 2000
A Silicon Valley buccaneer who was host at a $12 million start-up party in Las Vegas just six months ago to mark the launch of his company, Pixelon.com, will be spending this weekend in the less than glamourous surroundings of a jail in his native Virginia.
David Adam Fenne, who billed his splashy dot com as the Internet's first online broadcast network, turned himself into police in Wise, Virginia, late on Wednesday.
For four years, it turned out, Fenne was on Virginia?s most wanted list as a fugitive from the law. The secrets of Fenne are only now being revealed.
His real name is David Stanley, who in 1989 pleaded guilty to 55 counts of taking money a fraud scheme in Virginia and in Tennessee.
A judge gave him a suspended sentence to allow him time to refund his victims. But in 1996, he vanished.
With his new name, Stanley did what so many American outlaws had done before him. He made for the Wild West, which nowadays means dot com country.
But what with raising $35 million for Pixelon from trusting investing and staging his outrageous Vegas party, he hardly kept a low profile. Held at the MGM Grand, the event, dubbed 'iBash' '99', featured performances by Tony Bennett and a rare reunion of The Who.
Special tribute to Stanley and Pixelon was paid by Roger Daltrey. Pixelon has since hit hard times. It parted ways with Stanley last November.
Since then, it has also scaled back its ambitions, dropped plans to broadcast programming itself and focused on developing software for other broadcasters.
Nobody at Pixelon, however, could have anticipated such a surprise as this.
"It's just absolutely shocking to everybody here," said Stephanie Kietzes, the company's chief lawyer. "We'll be conducting an investigation into exactly who this person is."
Stanley told the authorities that he decided to turn himself when he realised they were closing in on his Silicon Valley house. The sheriffs, at last, were riding into town.
- 1 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 4 Tennis fan suing Australian Open organisers for 'failing to shade spectators' during Murray match
- 5 This crazy skiing video will leave you feeling queasy
Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
Mother of newborn Baby No 59 trapped in sewer pipe told Chinese police she 'heard crying' when she raised alarm
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
AirAsia QZ8501: Black box reveals warning alarms 'screamed' before crash, as more bodies recovered from near fuselage of jet
Rob Lowe hits out at White House decision not to meet Israeli leader
British Muslim leaders outraged after Eric Pickles says followers of Islam should 'prove their identity'
UK terror fears: My jihadist son returned from Syria mentally scarred – now he is being ignored
Nigel Farage: NHS might have to be replaced by private health insurance
Billy Crystal: 'Stop shoving gay sex scenes in my face'
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Excellent Salary : Austen Lloyd: OXFORD - REGIONAL FIRM - An excellent opportu...
Super Package: Austen Lloyd: BRISTOL - SENIOR CLINICAL NEGLIGENCE - An outstan...
£15000 - £50000 per annum: Recruitment Genius: Fantastic opportunities are ava...
Negotiable: Recruitment Genius: A Compute Engineer is required to join a globa...