Mark Madsen: Internet Domain Name Salesman

Hey, the man’s gotta keep busy somehow: “In a strange series of events befitting the shady world of domain name speculation, New Jersey state police arrested a man on suspicion of stealing the rights to and selling them to Los Angeles Clipper forward Mark Madsen. Daniel Gonclave, 25, of Union, N.J., is suspected of hacking into the account of’s previous owner, transferring ownership to himself and then selling it to Madsen on eBay for $111,000.  Although the domain name may have been illegally acquired, Madsen reportedly still owns it…It turns out, surprisingly, that Madsen is an active domain name speculator. That’s the rather odd subculture of people who buy domain names like and, hoping to resell them down the road at awesome profit.”