The Once and Future Spam King: Scott Richter Files Bankruptcy on Microsoft, But Don’t Count Him Out Yet   - 1,850 Views, 1 Comment

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Many of Aunty’s readers will remember that last year Aunty featured an exclusive interview with Spam King Scott Richter, during which he stated that “I actually do not do what I do for the need of money,” and may also remember that he was sued for spamming by both Microsoft and New York State Attorney General Eliot Spitzer a bit over a year ago.

Well, apparently his not needing money has changed, as Richter has filed for bankruptcy protection in U.S. federal bankruptcy court in his home state of Colorado, listing Microsoft as a creditor to the tune of $20million dollars, among others. While a settlement was reached with Spitzer, the lawsuit had continued with Microsoft, and has now apparently painted Richter into a financial corner.

According to Richter’s attorney, who also happens to be his father, “It’s the legal fees that are battering the company. OptIn is profitable but for these lawsuits.”

Isn’t that what Monsanto and RJ Reynolds said?

Richter’s OptInRealBig has said that they intend to stay in business, and that aside from the lawsuits they are financially viable.

Regardless of the outcome, it should make for an interesting contest.

In the meantime, if you haven’t seen Richter’s stint on the Daily Show, it’s a definite must see, and is available through a link here.

The Once and Future Spam King: Scott Richter Files Bankruptcy on Microsoft, But Don’t Count Him Out Yet

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Previous Article « One Stolen Laptop Leads to Personal Data Risk for Nearly 100,000 at UC Berkeley
Read Next Article » Why PC Owners Should Care About the FCC’s Broadcast Flag

Read more:

»  King of Spam Scott Richter Steps Down from Throne and Pays Microsoft $7million

»  Has Scott Richter Really Stopped Spamming? $27.4million Lawsuit by Infinite Monkeys.com Says “No!”

»  Spam King Scott Richter’s Bankrupt Real Big Notice to Creditors

»  Update on Richter versus World

For additional similar stories check out our archives on Internet Law, Internet Marketing, Spam

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