GO
Loading...

Enter multiple symbols separated by commas

Twenty-Six People Charged in $50 Million FCC Scam

Twenty-six people were charged today with engaging in a scheme to steal more than $50 million from the Federal Communications Commission's Video Relay Service (VRS) program.

Today's arrests were made by FBI agents and Postal Inspection Service inspectors in New York, New Jersey, Florida, Texas, Pennsylvania, Arizona, Nevada, Oregon and Maryland, and were the result of a joint FBI, Postal, FCC-OIG investigation into a nationwide scheme to defraud the FCC's VRS program.

The indictments allege that twenty-six individuals engaged in a scheme to defraud the FCC by submitting false and fraudulent claims for VRS calls and causing the FCC to reimburse the defendants at a rate of approximately $390 per hour.

According to the indictments, VRS was an online video translation service that allowed people with hearing disabilities to communicate with hearing individuals through the use of interpreters and Web cameras.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

  • In a rare menu test, Chipotle is testing a Chorizo Burrito, a spicy sausage made with chicken and pork, in its Kansas City restaurants.

    In a relatively a rare move for Chipotle Mexican Grill, Chipotle began testing a new menu item Tuesday.

  • A prototype of a Diebold bank branch of the future.

    Big banks are spending on futuristic branches, but it's all a waste of time and money, say financial technology experts.

  • Nouriel Roubini

    Nouriel Roubini explains how and why more economic liquidity may have led to "severe market illiquidity."

U.S. Video