Facebook Wins Nearly $1 Billion From Spammer Who Will Never Pay Up

from the still-must-feel-good dept

If only spammers actually had money and could be forced to pay up when they lose lawsuits... Facebook might have actually found a business model that paid. It appears a judge has ruled in Facebook's favor against a spammer, fining the spammer $873 million for phishing Facebook user logins, and then using account access to bombard other users with millions of spam messages. Of course, the spammer in question has pretty much disappeared, and it's difficult to believe Facebook will receive a penny from the guy, let alone anything near the $873 million (which is probably more than 3 times Facebook's revenue this year).


Reader Comments (rss)

(Flattened / Threaded)

  1.  
    identicon
    shmengie, Nov 25th, 2008 @ 8:33am

    if i had $873,000,000, i'd buy pants. lots of pants.

     

    reply to this | link to this | view in thread ]

  2.  
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    Dave, Nov 25th, 2008 @ 8:36am

    Shows what happens when a judge gets to do whatever they want when the defendant doesn't show.

    I'm sure a fine of 873,000 would have got as much press but the judge obviously nobody was going to pay anyway...

     

    reply to this | link to this | view in thread ]

  3.  
    identicon
    Thanatos, Nov 25th, 2008 @ 8:48am

    Aren't you tired of referring to all monetary transactions as business models? Open Source isn't a Business Model, Give it away and Pray isn't a Business Model, winning a lawsuit from a spammer is definitely not a Business Model. Even if it was purely sarcastic, it's way overdone.

    On Topic, they're lucky to have had a name to associate with the phisherman in the first place. If this is just a tactic to scare off other potential spammers, I'm sure they will also take note of how easy it is to disappear

     

    reply to this | link to this | view in thread ]

  4.  
    identicon
    George Camacho, Nov 25th, 2008 @ 8:54am

    873,000,000

    $873,000,000 after this guy files bankruptcy equals $0.00

    I hope Facebook bartered the attorney fees! Maybe the attorneys that took on this case will have a nice profile.

    Ohh well!

     

    reply to this | link to this | view in thread ]

  5.  
    identicon
    Anonymous Coward, Nov 25th, 2008 @ 10:19am

    Magic Mike Math

    873 == 1000? In what math book? Please, if you're going to report facts, try to do so more accurately than the ones that do it for a living.

     

    reply to this | link to this | view in thread ]

  6.  
    icon
    Jeff (profile), Nov 25th, 2008 @ 11:12am

    Re: Magic Mike Math

    He said "nearly $1 billion".

    When your up in that range, the 127 million is a small amount.

     

    reply to this | link to this | view in thread ]

  7.  
    identicon
    Anonymous Coward, Nov 25th, 2008 @ 11:12am

    Re: Magic Mike Math

    no, but 873 is nearly 1000.

    it is a little something people like to call "rounding" you might look it up

     

    reply to this | link to this | view in thread ]

  8.  
    identicon
    Mike B, Nov 25th, 2008 @ 11:24am

    Sad that only have we inflated the value of tangible goods, we are now allowing the same thing to happen intangible goods.

    there will be nothing left.
    Im' filing a lawsuit against my un-self in that using my identity to corrupt my chances of a better tomorrow

     

    reply to this | link to this | view in thread ]

  9.  
    identicon
    Etch, Nov 25th, 2008 @ 11:28am

    Re: Magic Mike Math

    Splitting hairs are we? He did say NEARLY. What's another few million dollars

     

    reply to this | link to this | view in thread ]

  10.  
    identicon
    Anonymous Coward, Nov 25th, 2008 @ 12:10pm

    Re: Re: Magic Mike Math

    So, 501 million is nearly a billion!

     

    reply to this | link to this | view in thread ]

  11.  
    identicon
    Anonymous Coward, Nov 25th, 2008 @ 2:11pm

    Re: Re: Re: Magic Mike Math

    have you been through grade school? standard rounding applies here. seriously, most of the world understands what mike is saying. if you can't get the concept that 873 is close to a billion than you need help. and, because I'm nice, here is a rough guide to rounding



    ~350 million = nearly half a billion

    ~500 million = half a billion

    ~625 million = over half a billion

    ~750 million = nearly a billion

    ~1000 million = a billion

     

    reply to this | link to this | view in thread ]

  12.  
    identicon
    Eisenhans, Nov 25th, 2008 @ 4:43pm

    Billions

    Just goes to show that all is not lost, obviously there are still people around with heaps of money and time to waste on useless bullshit like this !

     

    reply to this | link to this | view in thread ]

  13.  
    identicon
    Anonymous Coward, Nov 25th, 2008 @ 5:45pm

    Re:

    Who said anything at all about business models? Those two words do not appear together anywhere on this page except in your post. Feh.

    On topic, then. If they've got a name, they've got something to sell creditors to ruin this person's life. At least until they steal another one.

     

    reply to this | link to this | view in thread ]

  14.  
    identicon
    Eric, Jan 9th, 2009 @ 6:33pm

    May wish to read the story a little better

    "If only spammers actually had money and could be forced to pay up when they lose lawsuits... Facebook might have actually found a business model that paid. It appears a judge has ruled in Facebook's favor against a spammer,"

     

    reply to this | link to this | view in thread ]


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