Alan Ralsky Indicted

Well well. It seems the Feds have decided that Ralsky has been helping the Russian stock kiters...

A federal grand jury indictment was unsealed today in Detroit charging 11 persons, including Alan M. Ralsky ... in a wide-ranging international fraud scheme involving the illegal use of bulk commercial e-mailing, or "spamming" ... The charges arose after a three-year investigation ... revealed a sophisticated and extensive spamming operation that, as alleged in the indictment, largely focused on running a stock “pump and dump” scheme.

Much, much more at today's IT Blogwatch.

(Happy new year, by the way.)