[mdlug] Ralsky pleads guilty

[Jay Nugent]

Department of Justice Press Release
For Immediate Release
June 22, 2009 	United States Attorney's Office
Eastern District of Michigan
Contact: (313) 226-9100

Detroit Spammer and Four Co-Conspirators Plead Guilty to Multi-Million 
Dollar E-Mail Stock Fraud Scheme

WASHINGTON—Five individuals pleaded guilty today in federal court in 
Detroit for their roles in a wide-ranging international stock fraud scheme 
involving the illegal use of bulk commercial e-mails, or “spamming,” 
announced Assistant Attorney General of the Criminal Division Lanny A. 
Breuer and U.S. Attorney for the Eastern District of Michigan Terrence 
Berg.

Alan M. Ralsky, 64, of West Bloomfield, Mich., and Scott K. Bradley, 38, 
also of West Bloomfield, both pleaded guilty to conspiracy to commit wire 
fraud, mail fraud and to violate the CAN-SPAM Act. Ralsky and Bradley also 
pleaded guilty to wire fraud, money laundering, and violating the CAN-SPAM 
Act. Under the terms of his plea agreement, Ralsky acknowledges he is 
facing up to 87 months in prison and a $1 million fine under the federal 
sentencing guidelines while Bradley acknowledges that he is facing up to 
78 months in prison and a $1 million fine under the federal sentencing 
guidelines.



             
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