IPC Attorneys File Suit Alleging Former Escobar COO Holding YouTube Channel for Ransom

​Escobar Inc., a general holding company organized to monetize the intellectual property rights related to Pablo Escobar and his family, has retained IPC to file a lawsuit in the United States District Court for the District of Nevada against its former employee and chief operating officer, Daniel Reitberg. 

Pablo Escobar, "The King of Cocaine," was a Columbian drug lord who founded and led the Medellin Cartel, which monopolized the cocaine trade into the US in the 1980s and 1990s. Escobar is known to be the wealthiest criminal in history, having amassed an estimated net worth of $30 billion by the time of his death in 1993.

Today, Escobar Inc. utilizes a YouTube channel to promote and sell various products to its followers and subscribers. As stated in the Complaint, Escobar Inc. alleges that Reitberg closed corporate bank accounts and deliberately hijacked the company’s YouTube account before abandoning his position with the company. The suit further states that after purposefully changing the designated password, preventing Escobar Inc. from accessing its own YouTube Channel, Reitberg is now using this information as ransom and as a means to extort significant sums of money from the holding company.

As a result of Reitberg’s conduct, IPC Attorneys, Stephen Kepper and Adriano Pacifici, filed suit on behalf of Escobar Inc. against its former employee, seeking damages and injunctive relief under the Defend Trade Secrets Act, the Computer Fraud and Abuse Act, and other state law claims.

If you have questions about intellectual property rights, our team of professionals are here to help. Give us a call at 504-322-7166.

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