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Feds Indict 'Spam King'

Michigan man, 10 others face dozens of charges in stock fraud scheme

By Laila Weir,  Newser User

Posted Jan 4, 2008 1:50 PM CST

(Newser) – A federal grand jury has indicted a Michigan man and 10 others for spamming and stock fraud, Reuters reports. Alan Ralsky and his associates face 41 counts related to using spam to promote little-traded Chinese stocks, artificially driving up prices, and then making a killing...   Read full story »

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