In times of the omnipresent scare of IPv4 address shortage and price tags on Internet resources that are raised on a yearly basis some people look for creative means of securing themselves parts of "pre-owned" IP space. This space comes from the various early birds on the net. From major corporations to the US Military: Nobody is safe of getting his unused IP assets nicked. This talk will explain the ways IP assignments are made and how clever and not so clever, greedy and not so greedy IP thieves can get into the possession of valuable IP assets.