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Colorado Spammer Sentenced To Prison

Mike Sachoff
Staff Writer
Published: 2008-04-30

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A Colorado man who ran a large spam operation has been sentenced to 21 months in federal prison and ordered to pay $714,139 in restitution to the Internal Revenue Service (IRS).

Edward "Eddie" Davidson, 35 of Louisville, ran a business under the name Power Promoters which sent out large amounts of spam promoting products and services offered by a number of companies.

The email he sent out contained false header information, which concealed the actual sender from the recipient of the email. Davidson provided spam messages for approximately 19 companies. Authorities say Davidson made at least $3.5 million on the spam.

Beginning in the middle of 2005 through 2006, Davidson sent spam on behalf of a Texas company to promote the sale of the company's stock. The company generated its income through selling stock (commonly known as "penny stock") on behalf of companies on the public market.

Davidson aided by several sub-spammers sent hundreds of thousands of unsolicited e-mail messages to potential purchasers throughout the United States and the world, which messages claimed the penny stock was an excellent investment. Davidson possessed hundreds of thousands of e-mail addresses, which he and his sub-spammers would use to send email messages.

"Spamming deceptive messages to dupe potential investors is part of a larger scheme driven by greed, which includes efforts to hide income and assets from the IRS," said Terry L. Stuart, Special Agent in Charge of the IRS-Criminal Investigation, Denver Field Office. "Those involved face federal prison, and severe civil penalties and interest on any unpaid taxes from their scheme."

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