“Spam King” Indicted in Stock Fraud Scheme

A federal grand jury in Detroit has indicted a Michigan man dubbed the “spam king,” and 10 others, in an international illegal bulk e-mailing and stock fraud scheme, the U.S. Justice Department said on Thursday.

“Spam King” Indicted in Stock Fraud Scheme

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You can go to prison for just sending email spams in bulk like they were doing:

A federal grand jury in Detroit has indicted a Michigan man dubbed the “spam king,” and 10 others, in an international illegal bulk e-mailing and stock fraud scheme, the U.S. Justice Department said on Thursday.

 

But throw in stock manipulation and fraud and you’re bound to attract the wrong type of legal attention.

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