Spammer Scott Richter fills for bankruptcy: one down, hundreds to go…..
April 1st, 2005 • Related • Filed Under
It looks like the anti-spam laws are finally starting to kick in - last Friday, Richter’s OptInRealBig.com filed for bankruptcy, brought to the brink by lawsuits from New York Attorney General and consumer champion Eliot Spitzer and Microsoft.
OptInRealBig.com claimed assets of less than $10 million and liabilities of over $50 million thanks to the legal onslaught from Redmond, and Spitzer the Blitzer, which began in December 2003. Both sued under local state antispam laws. Although Richter settled with the NY AG’s office last year, he says that Microsoft’s claims top $19 million, and have forced him into insolvency.
Good to see Microsoft being a net hero for once!
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