nsane.forums Posted November 24, 2009 Share Posted November 24, 2009 Alan Ralsky, the so-called "Godfather of spam" was yesterday sentenced by a federal judge in Detroit to spend the next 51 months of his life in prison for wire fraud, mail fraud, and violations of the CAN-SPAM act.Not content simply to move boxes of pills or to sign people up for new mortgages, Ralsky's operation instead pulled in millions of dollars through "pump and dump" schemes of thinly traded stocks in companies you've never heard of. Millions of e-mails would announce some hot new "Internet IPO!!!!!" just about to drop, and—amazingly—some people would want in on the action. Since the stocks in question were low-volume "pink sheets" stocks, even low levels of activity could boost the stock price, at which point the owners would sell and forward tens of thousands of dollars from Hong Kong to the Standard Federal Bank in Troy, Michigan. View: Original Article Link to comment Share on other sites More sharing options...
karachidude Posted November 25, 2009 Share Posted November 25, 2009 too bad for the spammer :lol: Link to comment Share on other sites More sharing options...
RadioActive Posted November 25, 2009 Share Posted November 25, 2009 Only 4 years? he and his kind should be executed, and he's more of a scammer rather than a spammer. Link to comment Share on other sites More sharing options...
HX1 Posted November 25, 2009 Share Posted November 25, 2009 fraud and spam are 2 different thing @News Bot but really @ Original Article bots don't respond anyway :lol: THANK YOU News Bot i am glad they got em'Actually some bots do respond.. I used to have a Virtual Secretary on my Live IM.. You could ask it questions and it would even schedule tasks for you on your Calendar.. get weather do all sorts of things... Our news bot just posts news .. probably by getting info from an RSS feed or something..But yeah.. SPAM and FRAUD go hand in hand these days.. especially if you want to front as a business.. then you get punished by their rules.. Link to comment Share on other sites More sharing options...
Administrator DKT27 Posted November 25, 2009 Administrator Share Posted November 25, 2009 He should be jailed forever. :banned: 51 months are not enough. Link to comment Share on other sites More sharing options...
Bizarre™ Posted November 25, 2009 Share Posted November 25, 2009 Another spammer bites the dust :rolleyes: Link to comment Share on other sites More sharing options...
Atasas Posted November 25, 2009 Share Posted November 25, 2009 ^^^^^@ Lite; Shought; DKT; flopy- you see!? :lol: Link to comment Share on other sites More sharing options...
Administrator DKT27 Posted November 25, 2009 Administrator Share Posted November 25, 2009 Add a Donator also. :P Link to comment Share on other sites More sharing options...
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