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Trial Shows How Spammers Operate
From: David Farber <dave () farber net>
Date: Mon, 15 Nov 2004 15:00:46 -0500
Begin forwarded message: From: Monty Solomon <monty () roscom com> Date: November 15, 2004 12:18:07 AM EST To: undisclosed-recipient:; Subject: Trial Shows How Spammers Operate Trial Shows How Spammers Operate 14 November 2004, 8:44pm ET By MATTHEW BARAKAT AP Business Writer LEESBURG, Va. (AP) -- As one of the world's most prolific spammers, Jeremy Jaynes pumped out at least 10 million e-mails a day with the help of 16 high-speed lines, the kind of Internet capacity a 1,000-employee company would need. Jaynes' business was remarkably lucrative; prosecutors say he grossed up to $750,000 per month. If you have an e-mail account, chances are Jaynes tried to get your attention, pitching software, pornography and work-at-home schemes. The eight-day trial that ended in his conviction this month shed light on the operations of a 30-year-old former purveyor of physical junk mail who worked with minimal assistance out of a nondescript house in Raleigh, N.C. A state jury in Leesburg has recommended a nine-year prison term in the nation's first felony trial of spam purveyors. Sentencing is set for February. During the trial, prosecutors focused on three products that Jaynes hawked: software that promises to clean computers of private information; a service for choosing penny stocks to invest in; and a "FedEx refund processor" that promised $75-an-hour work but did little more than give buyers access to a Web site of delinquent FedEx accounts. Jaynes, going by Gaven Stubberfield and other aliases, had established a niche as a pornography purveyor, said Assistant Attorney General Russell McGuire, who prosecuted the case. But Jaynes was constantly tweaking and rotating products. Relatively few people actually responded to Jaynes' pitches. In a typical month, prosecutors said during the trial, Jaynes might receive 10,000 to 17,000 credit card orders, thus making money on perhaps only one of every 30,000 e-mails he sent out. But he earned $40 a pop, and the undertaking was so vast that Jaynes could still pull in $400,000 to $750,000 a month, while spending perhaps $50,000 on bandwidth and other overhead, McGuire said. ... http://finance.lycos.com/qc/news/story.aspx?story=200411150144_APO_V5198 ------------------------------------- You are subscribed as interesting-people () lists elistx com To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
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- Trial Shows How Spammers Operate David Farber (Nov 15)