Bankruptcy Never Seemed So Sweet For This Spammer

from the not-such-a-bad-deal... dept

Last month, in talking about spammer Scott Richter filing for bankruptcy, we noted that people shouldn't get too excited, because it was clear that the filing had little to do with monetary issues and was mostly an effort to hide out from the various lawsuits against him. Now more information is coming out, including the fact that the "bankrupt" Richter made $1.2 million last year -- which might make you wonder how he can legitimately file for bankruptcy.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Anonymous Coward, 13 Apr 2005 @ 6:27pm

    No Subject Given

    That's simple: net worth = assets - liabilities.

    From what I understand, if this is negative, you may need a bankruptcy court to protect your assets from the creditors wishing to collect on your liabilities.

    I suppose this gives you some idea of what liabilities he expects to incur...

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.