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Saturday, November 21, 2009 2:35 PM

Published 06/23/2009 by PC Magazine


Pump-and-Dump Stock Spammer Pleads Guilty

Alan Ralsky, once considered to be the world's most notorious illegal spammmer, pleaded guilty on Monday to federal fraud and money laundering charges.

Ralsky, along with four other defendants, allegedly ran a spam operation during 2004 and 2005 that tried to manipulate the...

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What others report on the same story

Notorious spammer Ralsky pleads guilty to stock...
Notorious spammer Alan Ralsky faces up to 87 months' imprisonment after pleading guilty to participation in a pump-and-dump stock spam scam.Ralsky, 64, of West Bloomfield, ... - [06/23/2009 - The Register]
Spammer Alan Ralsky Pleads Guilty - [06/23/2009 - Slashdot]
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Quotes

...guilty pleas. "Alan Ralsky was at one time the world's most notorious illegal spammer" said U S Attorney Terrence...
...in a statement. "Using the Internet to manipulate the stock market through spam e-mail campaigns is a serious crime, and this case serves notice that federal law enforcement has the both the capability and the will to successfully investigate, prosecute and punish such cybercrimes."

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Proud, Bragging Spammer Alan Ralsky Pleads Guilty [Techdirt - 06/25/2009]
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