Report Spam!!
You Secured Your Wireless Home Network by:
 Changing the Default SSID
 Disabling Your SSID Broadcast
 Enabling Firewalls
 Turning off the Network when not in use
 All above


View Results

SpamLaws News

Entrepreneur faces $477M Civil Suit for Fraud - 11/05/2007

Entrepreneur Marisuz Rybak is facing the biggest blow to date to his entrepreneurial career after allegedly faking assets worth $800 million for Langbar International -- a London-listed venture specializing in acquiring small tech firms in hopes of turning them around. Before, joining Langbar International, Rybak the Polish-born environmental scientist, resigned as the CEO of Intelligent Detection Systems (IDS) in 2001. After IDS accountants caught the company inflating their earnings.

Rybak then began his two-year long reign as Langbar's CEO in 2003. During this time, Langbar bought no firms, yet Rybak sold millions of shares. After Rybak stepped down, Langbar's new managers found the company's paper assets, totaling $ 800 million, were fudged. Rybak, responded by saying he wasn't aware of any glitches in Langbar's assets. Forcing Langbar, in January 2006 to file a $477-million U.S. fraud civil suit against Rybak and other former insiders. The trial is set to begin on November 12, 2007.

Source: The Ottawa Citizen



SpamLaws News Archive


The Egg-in-pants Scam12/10/2007
Pacific WebWorks’ Add Fraud Protection for Customers11/30/2007
Unemployment Fraud Stats in the States11/27/2007
Steer Clear of the Betting Scam11/19/2007
Seattle Man Could Face up to 20 Years for ID Theft11/09/2007
IRS warns taxpayers of the wildfire donations scams11/08/2007
Canada Revenue Agency Issues an E-mail Scam Warning11/07/2007
Uganda's Vaccine Scam Increases11/07/2007
Alarming Number of Singaporeans Fall Prey To Lottery Scams11/05/2007
Conman Jailed for Exploiting the Elderly11/05/2007
Entrepreneur faces $477M Civil Suit for Fraud11/05/2007
86% of email addresses posted on websites are used by spammers to send unsolicited emails?

63% of all "Remove me from your list" requests are not honored.

Spam accounted for 80% of all e-mail received in 2004, up from 62% in 2003