Recently I was speaking to a chap who had been working for an expo company that went bust owing people lots of money but in the process hived off a bundle of cash into a new online business where they are now looking to take more cash of corporates for advertising in their newsletters... as they have a large database that opted in to the expos.

It all sounds terribly iffy and I know the appropriate authorities are taking stock and hopefully the people involved will get banged up if they are guilty or taking the preferbial.

Now my question is... since the world runs and hides from association from anything negative like this unless a spec of dirt lands on them. Which ensures cowboys in the mist are allowed to just continue doing what the chuff they like and get away with it. afterall they have a ton of cash they can pay top barristers to ensure the world keeps its head down.

We have spamhaus & spamcop that have created a set of Internet rules that prevent people from spamming the planet since the authorities can't cope.

Is there a similar site that allows you to say hey, check out these cowboys in the mist. they go off do some very basic checks to see what's going on and then simply turns the domains associated with such cowboys to off, Off, OFF?

Yes, it's called the legal system. If it can be proven that these guys are breaking the law, they can be shut down and their terms with their ISP's can be enforced to close down their sites.

You don't have to take them on yourself, organisations like the Data Protection Registrar are the just for that purpose.

Trying to find alternative routes is no better  than starting your own lynch mob. If you've ever read the list of rules in Spamcop you'll know  what I mean.