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

    From Monty Solomon@21:1/5 to All on Tue Apr 5 22:23:41 2022
    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/

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