People who have a high PR website may sell a link (usually in the footer, on all pages) to websites in a similar niche to help them rank better. However, for some people its not blackhat enough. Spammers nowadays tend to use automated software like the following:
-xrumer - Developed by a few russian people and primarily used by russian pharmacies for fraud, this is the most powerful "spammer" too out there. You can literally spend $1k and get 1million backlinks within a matter of days and have your site in the #1 position for whatever keyword you're aiming for.
-scrapebox - Similar to xrumer, but while xrumer targets forums (vbulletin etc), scrapebox specializes in harvesting large lists of wordpress blogs (throught google + proxies/botnets) and then posts comments on them (usually all those generic comments you see on wordpress blogs such as "nice post" "good advice, bookmarked" etc).
I could literally go on for hours and hours on how people are exploiting search engines, I think that its prime time for Google to develop an AI for this rather then just relying on algorithms. There needs to be a better PageRank alternative that needs to be implemented.
>benefits
In the most basic terms, for spammers, more links = better search rankings = more traffic = more $$$