Spam King Wallace Indicted For Facebook Spam 93
itwbennett writes "Notorious spam king Sanford Wallace is facing federal fraud charges for allegedly breaking into the Facebook accounts of 500,000 victims in 2008 and 2009 and using the stolen credentials to post 27 million spam messages. The charges are outlined in an indictment, filed July 6 but made public Thursday after Wallace turned himself in to federal authorities. If convicted, Wallace could get more than 16 years in prison."
This isn't spam (Score:3, Interesting)
Here's his business model:
Wallace, 43, allegedly used a phishing attack to steal usernames and passwords from victims and then used the stolen credentials to post spam to victims walls, the U.S. Department of Justice said. Wallace allegedly made money from the scam by driving Web traffic to affiliate marketing companies, who pay their members by the number of clicks they can deliver to websites.
So, he basically posed as other people, and those people's friends click on those links put there by Wallace thinking their friends put them there, and then Wallace gets paid.
The other thing is the people "advertising" were doing business with Wallace. They didn't check him out with a simple google search? Or did they know and not give a shit because they're that desperate for traffic?