Spammer walks away from slammer

Federal authorities are looking for Colorado's most notorious spammer.

Eddie Davidson, 35, of Louisville walked away from a minium security prison camp in Florence on Sunday, according to the U.S. Bureau of Prisons.

The agency did not release the circumstances. He had been in the work camp about five weeks of a 21-month sentence.

Davidson was sentenced in April after he pleaded guilty to tax evasion and falsifying information in e-mail pitches for low-cost, high risk "penny" stocks.

Investigators said Davidson's company would change the header to make the spam appear to be from more credible sources, such as America Online.

Davidson said he sent the pitches on behalf of a Houston company he did not identify.

Besides prison time, Davidson was ordered to pay the Internal Revenue Service $714,139.

Federal agents seized property Davidson had bought with his penny-stock spam profits, including gold coins, to help settle his tax debt. The amount he still owes, if any, was not available Monday night.

Court filings showed that Davidson's spam operation grossed about $3.5 million between 2003 and 2006.

Davidson's Bennett-based business, Power Promoters, sent hundreds of thousands of unsolicited sales pitches to e-mail addresses around the world, selling a variety of products.
(from http://www.denverpost.com/commented/ci_9953100?source=commented-news)

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