Accused spam scammer pleads guilty in Detroit

June 23, 2009 By ED WHITE , Associated Press Writer

(AP) -- A Michigan man described as one of the world's most prolific senders of spam e-mail has pleaded guilty to charges accusing him of defrauding people by manipulating Chinese stock prices.

Prosecutors say 64-year-old Alan Ralsky of West Bloomfield made $3 million in summer 2005 by using an elaborate spam e-mail system to inflate the prices of Chinese stocks on U.S. exchanges.

He pleaded guilty Monday to conspiracy, and in federal court in Detroit. Nine of the 11 people indicted last year in the case have pleaded guilty.

Ralsky faces a possible prison sentence of 3 1/2 years or less under his plea agreement.

U.S. Attorney Terrence Berg says Ralsky was at one time the world's most notorious illegal spammer.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Guilty plea in 2003 eBay 'bot' attack

Related Stories

Guilty plea in Seattle 'botnet' case

May 5, 2006

A California man pleaded guilty Thursday to charges stemming from a "botnet" attack last year that damaged U.S. Department of Defense computers.

Notorious software pirate pleads guilty

June 16, 2006

The head of what U.S. officials called a "massive for-profit software piracy Wed site" pleaded guilty Friday to conspiracy and copyright infringement.

Man Pleads Guilty in P2P Piracy Probe

April 19, 2007

A Georgia man is the fifth defendant to go down in connection with a piracy ring that used BitTorrent technology to illegally distribute movies, software and games.

Court won't revive Va. anti-spam law

March 30, 2009

(AP) -- The Supreme Court will not consider reinstating Virginia's anti-spam law, among the nation's toughest in banning unsolicited e-mails.

Ex-CEO of BetOnSports pleads guilty

April 1, 2009

(AP) -- The former chief executive of BetOnSports pleaded guilty Wednesday to federal racketeering conspiracy, admitting that the Internet company falsely portrayed Web-based gambling as legal and caused customers to lose ...

Recommended for you

Inferring urban travel patterns from cellphone data

August 29, 2016

In making decisions about infrastructure development and resource allocation, city planners rely on models of how people move through their cities, on foot, in cars, and on public transportation. Those models are largely ...

How machine learning can help with voice disorders

August 29, 2016

There's no human instinct more basic than speech, and yet, for many people, talking can be taxing. 1 in 14 working-age Americans suffer from voice disorders that are often associated with abnormal vocal behaviors - some of ...

Apple issues update after cyber weapon captured

August 26, 2016

Apple iPhone owners on Friday were urged to install a quickly released security update after a sophisticated attack on an Emirati dissident exposed vulnerabilities targeted by cyber arms dealers.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.