W. Bloomfield spam king pleads guilty
International spam king Alan Ralsky pleaded guilty this afternoon in U.S. District Court in Detroit to charges of violating federal anti-spam laws by sending millions of emails in a stock-fraud scheme.
A 41-count indictment last year said Ralsky, 63, of West Bloomfield; his son-in-law, Scott Bradley, 47, also of West Bloomfield, and nine other people used unsolicited e-mail to pump up the price of penny stock in Chinese companies to artificially high prices and then sold it, reaping huge profits for themselves and leaving Internet subscribers who purchased it holding the bag. ------------
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There _is_ a God!
It's not like "Pump and Dump" schemes will ever go away, but this guy is the worst of the bad actors in the spam world.