Facebook has been awarded $711 million in damages against spammer Sanford Wallace for bombarding the social networking with phony wall posts and messages. The so-called "Spam King" was sued in February along with Adam Arzoomanian and Scott Shaw for allegedly obtaining login credentials for other users' accounts, and sending out links to phishing sites and other websites that paid spammers for referrals.

While Facebook isn't expecting to receive the full amount of the massive award, the company says they'll work hard to get everything they can and hope this will serve as a deterrent to all spammers. In addition to the damages, Judge Jeremy Fogel of U.S. District Court in Northern California's San Jose division referred Wallace for prosecution of criminal contempt of court, which means he could face jail time.

This isn't the first time Wallace has been targeted and fined. In May 2008, he was found guilty of violating the CAN-SPAM act and was ordered to pay $230 million for spamming and phishing on MySpace. Wallace was also hit with a nice $4 million fine from the FTC in 2006 and has faced numerous other suits in between.