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Microsoft settles with 'Spam King' for $7 million


Microsoft has settled a lawsuit that it filed two years ago against the self-proclaimed "King of Spam," Scott Richter, who at one time helped distribute more than 38 billion unsolicited e-mails per year, Microsoft said Tuesday.

Richter and his online marketing company, OptInBig.com LLC, have agreed to pay Microsoft $7 million to settle the suit, which was filed in December 2003, Microsoft and Richter said in a joint statement.

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