Sci-Tech

Yahoo wins $610M judgment
in alleged lottery scam

Yahoo says it has won a $610 million court judgment in a scam that tried to dupe people into believing they had won prizes in a bogus lottery sponsored by the Internet company.

Yahoo on Wednesday said a New York federal court issued the default judgment Monday. Collecting judgments in such cases can be a frustrating exercise because online swindlers are often difficult to find.

Yahoo alleged in its lawsuit that the lottery hoax was designed to dupe people into providing passwords and other sensitive personal data, such as credit card account information and Social Security identity numbers.

Yahoo Inc. ended September with about $2.9 billion in cash. So actually receiving the $610 million would give the struggling Internet company a big boost.
Yahoo on Wednesday said a New York federal court issued the default judgment Monday. Collecting judgments in such cases can be a frustrating exercise because online swindlers are often difficult to find.

Yahoo alleged in its lawsuit that the lottery hoax was designed to dupe people into providing passwords and other sensitive personal data, such as credit card account information and Social Security identity numbers.

Yahoo Inc. ended September with about $2.9 billion in cash. So actually receiving the $610 million would give the struggling Internet company a big boost.

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