Godfather of spam goes down
THE SELF PROCLAIMED godfather of spam has been made an offer he can't refuse by a US judge.
Four men have been jailed in the US for their roles in an email stock fraud scheme and were given sentences ranging from 32 to 51 months in prison by US District Court Judge Marianne Battani.
Alan Ralsky, 64, and his son-in-law, Scott Bradley, 48, were sentenced to 51 months and 40 months in prison, respectively, on the same charges.
Ralsky was known to brag about the fact that he was the "godfather of spam", and those who disagreed ended up with a virtual horse's head in their beds.
According to AFP, Ralsky flooded email in-boxes with unwanted spam emails and attempted to use a botnet to hijack computers to assist the ring in the scam.
How Wai John Hui, 51, was sentenced to 51 months in prison for wire fraud, money laundering and conspiring to commit wire fraud, mail fraud and to violate the Spam Act.
John Bown, 45, of Fresno, California, was sentenced to 32 months in prison for conspiring to commit wire fraud, mail fraud and to violate the Spam Act, and conspiring to commit computer fraud.
Between January 2004 and September 2005 the four ran a classic pump and dump stock fraud scheme. They bought up cheap shares of companies that were not doing very well. They would then spam loads of people with hot tips, who would also buy shares and force the share prices up. The four then sold all their shares, leaving other investors with seriously over-priced shares.
They managed to make a fair bit from the scheme. Hui was the former chief executive of a company called China World Trade and was told that he had to hand over $500,000 that he made from the scam. µ
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OK, stop the spammers and ship 'em to jail. But why return the money made by scheme? Any 'tard on this world who takes stock tips from spam email deserves to lose his money and have a pocket full of worthless stocks.
Its called "21st century natural selection in human population". Darwin used to write about this...
I totally agree with you 'diots, who, in their right mind, responds to spam,only senile old buggers,who shouldn't be on a PC,they're the same sort who pick up spam snail mail off their doorsteps in the morning & reply to those nice little irresistable offers therein,simple tards.
Any 'tard on this world who takes stock tips from spam email
simple tards
It's not quite that simple. The same processes that keep these people 'weak of mind' and susceptible to scams are the same processes of delusion that keep you guys chasing pussy, power and money, buying the latest electronic gizmo's or building electronic persona's to stroke an ego..
..the list goes on..
These processes are just as powerful for all of us, so no more 'holier than thou' judgement of other people please. Cos you're ignorant and wrong if you think that.
Grow up and recognize that encouraging fraud in any degree will eventually come back to you. Think you'll never get ripped off by a mechanic, plumber, electrician, car dealer, lawyer, doctor, or accountant? Besides politicians and other gov't types who add force to fraud. There's a a LONG list of people who may not be as smart as your smart ass, but nonetheless are experts at their own specialized scam.
And relevant here: did you buy several versions of single-tasking DOS with GUI shells from Crimosoft? Without knowing that the far superior OS/2 provided XP levels of performance since 1993?
I tried the Acai berry...
Now, only Time and Money are Keeping me from earning the Degree I deserve.
It's not fair for me to have to support these intentionally bad people. I say cut their hands off and let them go or just put them to sleep. There is no use in society for these leaches.
"I say cut their hands off and let them go or just put them to sleep. There is no use in society for these leaches."
Peace be upon you! :)
I would definitely support a bill to have spammers executed. If you figure how much effect these people have compared to other crimes, I'd say the punishment is warranted.
Bubba don't like spam in his inbox.
Ralsky is likely to have to be kept isolated for his own safety.
Hopefully the guards aren't inclined to be chatty.