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Reuters - The U.S. Internal Revenue Service said on Monday it would begin sending the first of more than 130 million economic stimulus payments on May 2 and expects to complete the first round of payments by early July.

‘Spam King’ Could Get 26 Years, $625,000 in Fines (newsFactor)
newsFactor - They call him the “Spam King.” He was one of the world’s most prolific e-mail spammers, allegedly responsible for sending millions of spam e-mails. And he plead guilty on Friday to federal charges of mail fraud, wire fraud, and failure to file a tax return. His name is Robert Alan Soloway.

‘King of spam’ pleads guilty, faces 26 years in prison (InfoWorld)
InfoWorld - The notorious spammer authorities dubbed “the king of spam” is facing a possible 26-year jail sentence after pleading guilty in Seattle on Friday to charges of fraud and tax evasion.

Economy - Monday (Investor’s business Daily)
Investor’s business Daily - The IRS will begin sending the first of more than 130 mil economic stimulus payments on May 2 and expects to complete the first round of payments by early July. The IRS said the payments — tax rebates of about $600 for most middle-income individuals and $1,200 for middle-income couples — will be sent in order of the last two digits of the taxpayer’s social security number. taxpayers must file an ‘07 tax return to get payments, which start phasing out at $75,000 for singles and $150,000 for married couples. The payments are part of a $152 bil stimulus plan passed last month.

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