The Price, and Profit, of Being a Spammer
Inc. reporter Darren Dahl reported on Friday that Virginia recently led the way in the nation's first prosecution of a spammer, a North Carolina man named Jeremy Jaynes. Bail for Jaynes was set at $1 million dollars. Why? Apparently, Jaynes' spamming business was quite lucrative. Prosecutors suspect he's been "squirreling away" parts of his $24 million fortune in foreign bank accounts, and is too great a flight risk, according to a November 9 AP story. Though Jaynes' faces up to nine years in prison, I wonder if this type of prison time will deter others. The lure of making millions by peddling junk products, pornography, and other dubious materials is probably worth the risk to many unscrupulous characters. What type of discipline should spammers face? Is nine years behind bars excessive, not enough?
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