Yeah, it's a big business, but revenues from Spam are definitely diminishing. Nowadays the biggest business is stealing info by spoofing websites.
Most of these phishing rings are also in countries where the average person doesn't speak perfect english, and it shows.
It's a real pain in the ass for sure.
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My new car: MB SLK55 AMG (36months, 40,000miles and still flawless)
My old car: MB SLK230K Brabus - sold
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