Microsoft settles case with spammer Scott Richter
Microsoft has settled a case with the “Spam King” and will take a nice lump sum of $7 million from Scott Richter and his company. It just goes to show how many millions of dollars can be generated from spam e-mails and the scams that they promote. While $7 million seems like a ton of money who knows how much is hidden behind the scenes or accounts out of the country. Microsoft will reinvest all the settlement money plus $5 million more, which will go to increase Internet enforcement efforts and expand technical and investigative support to help law enforcers to address computer-related crimes.
Microsoft Corp. said on Tuesday that it had settled a lawsuit against Scott Richter, whom it identified as a former ?spam king.? Microsoft said that as part of the settlement Richter and his company agreed to pay $7 million to Microsoft. Richter and his company will file a motion on Tuesday to dismiss bankruptcy proceedings they filed in March in the U.S. bankruptcy court in Denver, according to a joint statement by Microsoft and Richter.
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