Hacker News new | ask | show | jobs
by compiler-guy 3614 days ago
The sales scam is

A) sell the ad-space to random companies B) collect the money from the advertisers C) don't pay the host

The investment scam is:

Eventually own the web site without paying for it. Risk? Low: the owners don't have any money to pursue a legal judgement. It looks like he is getting away with it.