Spammer sued by SEC

[conjur]

w00t!

 

[her209]

lmao.

 

[zsouthboy]

yay

 

[Muck]

I'd love to kick his ass.

 

[HappyPuppy]

Didn't he commit some sort of crime? I thought fraud was illegal. It doesn't appear he's being charged or tried for anything. He should be doing time.

 

[conjur]

Originally posted by: HappyPuppy
Didn't he commit some sort of crime? I thought fraud was illegal. It doesn't appear he's being charged or tried for anything. He should be doing time.

Uhh....from the first line in the article:

Regulators filed fraud charges Monday

And...further in the article:

[Smith] didn't admit to or deny the allegations, but agreed to a settlement requiring him to return $107,510 of gains and interest, and barring him from future violations