Nick FitzGerald sent me a stunning example of lateral thinking on the part of a spammer. The spammer has taken a standard stock pump-and-dump spam image and split it horizontally into strips.
Each of the 17 horizontal strips cuts fairly randomly through the text making OCR on each strip not very useful. The spammer has then mounted each strip in its correct position on a transparent background and put each strip into an animated GIF. Here, for example, are a couple of strips:
The end result is that only once the entire image animation has completed is the complete spam visible making this a challenge for spam filters. And the spammer has thrown in a couple of frames at the end of the image, that get displayed after such a long delay (8 minutes) that they essentially never get shown. But those final frames are there just to throw off a spam filter trying to find the actual image.
Here's what gets displayed:
and here's the final image in the animation:
Very clever! (I'm calling this 'Strip Mining')