Diversification Helped Spammer Make Money
An AP newswire article by Steve Karnowski, via Yahoo! News, reports that:
Christopher Smith's neighbors didn't know exactly what he did for a living. But they knew well that he liked to collect expensive cars and set off fireworks at all hours.
At an age when most of his peers could barely afford a new car, Smith was amassing a collection that would include BMWs, Hummers, a Ferrari, a Jaguar and a Lamborghini. And when other 20-somethings were trying to save for down payments on modest starter homes, Smith paid $1.1 million for a house in a more affluent suburb.
Smith got all that through his successes in massive unsolicited e-mail marketing, authorities say. The Spamhaus Project, an anti-spam group, considered him one of the world's worst offenders.
He was just 25 when the feds in May shut down his flagship company, Xpress Pharmacy Direct, and seized $1.8 million in luxury cars, two homes and $1.3 million in cash held by Smith and associates.
But even then, prosecutors say, he refused to give up.
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