419 Alert in Silicon Valley

Filed in archive on March 6, 2006

It seems the 419 email scam is live in well in now lives in Silicon Valley. Alec Saunders reports that a venture capitalist has been emailing startups saying "I am working with two Tier 1 funds that have strong interest in your next round." The catch. $6,750 up front. Rick Segal has reported further.

But that's not the end of the story. If you Google the spammer, then Alec ranks pretty high. A little bird told me Hugh has decided to get the lawyers involved. SPAM and lawyers? Hmmm!? Can you get any lower?