Nov 25, 2009

3 years of jail for Spam's Godfather.

Alan Ralsky, 64, also known as Spam's Godfather has just been convicted to 3 years of jail.
Convicted for fraud, the affair's originated from Spams he sent with 3 accomplices in 2004 and 2005.

These spams aimed to manipulated the stock prices on the Chinese market by having people buy stocks they had bought and therefor increase their value.

The 3 accomplices were also sentenced prison:
Scott Bradley (48) (Alan Ralsky's step son): 51 months
John Brown (45): 2 1/2 years
How Wai John Hui (51): 4 years and a $500 000 fine

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