E-mail blackmail by a contract killer

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Recently SophosLabs told this, they had found a criminal how started blackmailing people through e-mail. give me ur views, It states: Do not contact the police or F.B.I. or try to send a copy of this to them, because if you do i iwll know, and migh be pushed to do what i have being paid to do, beside, this is the first time I turned out to be betrayer in my Job.