Sunday, March 16, 2008

"Spam king" pleads guilty to felony fraud

http://seattletimes.nwsource.com/html/localnews/2004283998_spamking15m.html

I never really liked spam since the time I first received spam in my Yahoo mail account back in 1997. At the time it wasn't called spam but merely junk mail. Back then spam were just business advertisement. It wasn't really until computers were more widely adopted that we started to see more malicious uses of spam. Thus we see people who use spam to profit from all of this malicious activities.

This article basically talks about prosecution and the realization that this "spam king" doesn't have a lot of assets that the government can really seize. But here's the thing (read below):

"One thing is clear from the plea agreement: Soloway does not have a lot of assets for the government to seize. Among the items Pechman will be asked to consider for forfeiture are Soloway's collection of 24 pairs of sunglasses, valued at more than $3,700; 27 pairs of shoes, worth more than $7,400; and clothing worth about $14,200."

*jaw drops*

I never been a fan of sunglasses or shoes... But why would you spend so much on such accessories... If this spam king was sending out so much spam to make money and profit from his activities, then why he didn't invest or find ways to make more money? You don't spam merely because it is an annoyance anymore, I rarely see prank e-mails like I used to back in the day before individuals started seeing the potential profits that could be earned from such practices...

He's not really the first spam king to be caught either... Other "spam kings" have been caught who owned lots of assets.

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