Profile of a spam king
"I'll never quit," said the 57-year-old master of spam. "I like what I do. This is the greatest business in the world."Link DiscussIt's made him a millionaire, he said, seated in the wood-paneled first floor library of his new house. "In fact," he added, "this wing was probably paid for by an e-mail I sent out for a couple of years promoting a weight-loss plan."
Ralsky acknowledges that his success with spam arose out of a less-than-impressive business background. In 1992, while in the insurance business, he served a 50-day jail term for a charge arising out of the sale of unregistered securities. And in 1994, he was convicted of falsifying documents that defrauded financial institutions in Michigan and Ohio and ordered to pay $74,000 in restitution.
He lost his license to sell insurance and he declared personal bankruptcy. But in 1997, he sold a late model green Toyota and used the money to pay back taxes on his house and buy two computers.


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