View Full Version : Convicted Spammer Grossed up to $750,000/Month
Karankawa
11-15-2004, 02:08 AM
LEESBURG, Virginia (AP) -- As one of the world's most prolific spammers, Jeremy Jaynes pumped out at least 10 million e-mails a day with the help of 16 high-speed lines, the kind of Internet capacity a 1,000-employee company would need.
Jaynes' business was remarkably lucrative; prosecutors say he grossed up to $750,000 per month. If you have an e-mail account, chances are Jaynes tried to get your attention, pitching software, pornography and work-at-home schemes.
http://www.cnn.com/2004/TECH/internet/11/14/inside.spamming.ap/index.html
Don't know what his expenses were, but thats a pretty good income.
Vilepagan
11-15-2004, 07:59 AM
Originally posted by Dan Fussell
Don't know what his expenses were, but thats a pretty good income.
According to the article:
Relatively few people actually responded to Jaynes' pitches. In a typical month, prosecutors said during the trial, Jaynes might receive 10,000 to 17,000 credit card orders, thus making money on perhaps only one of every 30,000 e-mails he sent out.
But he earned $40 a pop, and the undertaking was so vast that Jaynes could still pull in $400,000 to $750,000 a month, while spending perhaps $50,000 on bandwidth and other overhead, McGuire said.
Prosecutors believe Jaynes had a net worth of up to $24 million,
They should throw away the key.
LionelHutz
11-15-2004, 11:31 AM
It just blows my mind that anyone at all buys anything from spam emails.
silverbulletkc
11-15-2004, 01:00 PM
Way to play the system though, as gullible as some people probly are finding themselves out to be.
Vilepagan
11-15-2004, 01:39 PM
Originally posted by LionelHutz
It just blows my mind that anyone at all buys anything from spam emails.
Yeah, he was preying on the ignorant, the elderly, and shut-ins mostly I would guess.