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Spammer Alan Ralsky Pleads Guilty 144

Czmyt sends the excellent news that one of the US's most notorious spammers has pleaded guilty and could serve 6 years in jail. "Five individuals pleaded guilty today in federal court in Detroit for their roles in a wide-ranging international stock fraud scheme involving the illegal use of bulk commercial e-mails, or 'spamming'... Alan M. Ralsky, 64, of West Bloomfield, Mich., and Scott K. Bradley, 38, also of West Bloomfield, both pleaded guilty to conspiracy to commit wire fraud, mail fraud and to violate the CAN-SPAM Act. ... Ralsky and Bradley also pleaded guilty to wire fraud, money laundering, and violating the CAN-SPAM Act. Under the terms of his plea agreement, Ralsky acknowledges he is facing up to 87 months in prison and a $1 million fine..."

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