December 8, 2011 : YAHOO WINS MULTI MILLION DOLLAR LOTTERY JUDGEMENT
But will it ever be able to collect?
The Internet search engine giant Yahoo has told Associated Press that it has won a US$ 627 million court judgment against a scam that tried to dupe people into believing they had won prizes in a bogus lottery sponsored by the Internet company.
The default judgement was granted by a New York federal court on Monday, but AP observes that collecting judgments in such cases can be a frustrating and fruitless exercise because online swindlers are often difficult to pin down.
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.