'Godfather of Spam' sentenced to four years in prison
Posted in: Spam at 26/11/2009 00:03
[IDG] One of the most notorious U.S.-based spammers was sentenced to more than four years in jail on Monday for a scheme that used spam to manipulate stock prices in order to make a profit.
Alan Ralsky, 64, of West Bloomfield, Mich., was sentenced to 51 months in prison in U.S. District Court for the Eastern District of Michigan, according a statement from the U.S. Department of Justice (DOJ). Ralsky pleaded guilty in June to conspiring to commit wire fraud, mail fraud and violating the CAN-SPAM act.