Bogus Pill Spammer Gets To Keep Most Of His Earnings
from the slap-on-the-virtual-wrist dept
Last year, we noted that the FTC had shut down the operations of a spammer who went by a variety of names, but was mainly known as Creaghan A. Harry or Harry Creaghan. Well, now it appears the FTC has decided to accept a settlement with Creaghan that amounts to a slap on the wrist. He’s being fined $485,000, a small fraction of the nearly $6 million he apparently made in the scam. Of course, one of the main reasons is that his $2.4 million house in Florida is untouchable thanks to Florida’s laws (the reason why so many white collar criminals have homes in the sunshine state). Also, plenty of the money he scammed went straight to bank accounts in Latvia, which probably makes it harder to reach. Still, it’s a bit disappointing to see a scammer get away with so much. It doesn’t seem likely to worry too many other spammers, or get many people to change their minds about the effectiveness of the FTC.