Source: May 8th 2000 Published By: Nua Limited Volume 5 No. 18 ******************************************************************** Newsbytes: Global First as Spammers are Brought to Trial Two Australian men have been charged with illegally spamming millions of Internet users, in one of the first criminal prosecutions of its kind in the world. According to a Newsbytes report, the men were charged in Australia and the US for spamming Internet users with misleading investment information. The men sent more than 4 million emails and posted messages on Yahoo! bulletin boards encouraging investors to buy shares in Rentech, a company which developed processes for manufacturing liquid hydrocarbon. According to the Australian Securities and Investment Commission, Rentech's share price doubled on the day after the spamming and the volume of Rentech stock trading was "more than 10 times the previous month's average trading volume". Nineteen charges have been made against the men in Australia, including dissemination of false or misleading information, operation of a securities business without a licence and conspiracy to commit an offence against a law of a foreign jurisdicition, in this case the United States. The Securities and Exchange Commission in the US issued civil proceedings against the men this week. <http://www.newsbytes.com/pubNews/00/148392.html> ---------------------------------- Send mail for the 'huridocs-tech' list to <huridocs-tech@hrea.org>. Mail administrative requests to <majordomo@hrea.org>. For additional assistance, send mail to: <owner-huridocs-tech@hrea.org>. Archives of previous messages posted to the list can be found at: http://www.hrea.org/lists/huridocs-tech/markup/maillist.html
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