Yahoo Wins 610 Million Lottery From Lottery ScammersDecember 8, 2011 4:01 am
We spotted this today:
“On Monday, a federal judge awarded Yahoo (YHOO, Fortune 500) $610 million in damages from the Thai and Nigerian scammers that the company was eventually able to identify through Internet records.
Yahoo’s complaint reveals that between December 2006 and May 2009, more than 11.6 million hoax lottery emails were sent through its email system. The court awarded Yahoo $50 per scam email, a total of $583 million, for its victimization through violations of the Can-Spam Act.”
Statistics Source: CNN Money