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computers / comp.dcom.telecom / Verizon unit TracFone reaches $13.4 million U.S. false claims settlement [telecom]

Verizon unit TracFone reaches $13.4 million U.S. false claims settlement [telecom]

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From: mon...@roscom.com (Monty Solomon)
Newsgroups: comp.dcom.telecom
Subject: Verizon unit TracFone reaches $13.4 million U.S. false claims settlement [telecom]
Date: 5 Apr 2022 22:23:41 -0400
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by: Monty Solomon - Wed, 6 Apr 2022 02:23 UTC

Verizon unit TracFone reaches $13.4 million U.S. false claims settlement

TracFone Wireless agreed to a $13.4 million settlement to resolve
false claims allegations in connection with the Federal Communications
Commission's (FCC) low-income subsidy program, the U.S. Justice
Department said on Monday.

The department said TracFone, a Verizon Communications (VZ.N) unit,
violated the False Claims Act by signing up more than 175,000
ineligible customers in connection with the FCC's Lifeline Program,
the Justice Department said in a statement.

https://www.reuters.com/business/media-telecom/verizon-unit-tracfone-pay-134-mln-settle-false-claims-allegations-us-doj-says-2022-04-04/

Subject	Author
Verizon unit TracFone reaches $13.4 million U.S. false claims settlement [teleco	Monty Solomon