Feeds

Convicted spammer goes AWOL from federal prison

Prolific pump-and-dump conman walks away

Securing Web Applications Made Simple and Scalable

A convicted spammer who who generated millions of dollars blasting out pump-and-dump messages has gone AWOL from the federal prison camp where he was serving a 21-month sentence.

Edward "Eddie" Davidson, 35, walked away from a minimum security prison camp in Colorado on Sunday, according to news reports citing Justice Department officials. He is now considered an escapee and is being pursued by federal law enforcement agencies.

Running a business called Power Promoters out of his home, Davidson grossed at least $3.5m sending spam that promoted about 19 penny-stock companies, including a business called Advanced Power Line Technologies. At least $1.4m of the proceeds came from an unnamed Houston company. Davidson earned fees based on the trading volume of the stocks he promoted.

In December, Davidson pleaded guilty to tax evasion and criminal spam charges, and four months later he was sentenced to prison time and ordered to pay the Internal Revenue Service more than $714,000. Federal authorities have already seized gold coins and other property belonging to Davidson. He began serving his time about five weeks ago.

Davidson sent hundreds of thousands of come-ons to email addresses around the world. He spoofed email headers to trick recipients into thinking the messages came from legitimate companies such as AOL.

Reports from The Denver Post and PC World are here and here. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
BMW's ConnectedDrive falls over, bosses blame upgrade snafu
Traffic flows up 20% as motorway middle lanes miraculously unclog
Putin: Crack Tor for me and I'll make you a MILLIONAIRE
Russian Interior Ministry offers big pile o' roubles for busting pro-privacy browser
Mozilla fixes CRITICAL security holes in Firefox, urges v31 upgrade
Misc memory hazards 'could be exploited' - and guess what, one's a Javascript vuln
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.