Krand was the captain of the Othello Task Force OTF-1, and the main shareholder of Othello Task Force. A Ferengi by origin, Krand gained an additional Federation citizenship after leading a certain mission to save him and his crew members from crisis. After that, he became rich enough to start his own mercenaries business. (We, the Living Dead)

Krand gained some notoriety by advocating a more libertarian and Laissez-Faire way to run the Ferengi Alliance, and to a lesser extent the United Federation of Planets, but nevertheless remained committed to not unnecessarily breaking the law of either of his citizenships.

Krand was the boss of Katie Jacobson, who was a Terran software developer who works for him as a computer systems administrator.

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