Financial Times FT.com

Hackers blackmail milliondollar site

By James Fontanella in London

Published: January 18 2006 02:00 | Last updated: January 18 2006 02:00

The FBI is investigating the hijacking of milliondollarhomepage.com - the website that earned $1m (£566,000) for its British creator Alex Tew by hosting micro-advertisements - by hackers who demanded a ransom to restore the site.

Mr Tew was sent a demand for $50,000 by e-mail by a hacker, believed to be Russian. When he refused, the website crashed.

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