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Former FCC broadband advisor arrested on $250 million fraud charges
A former broadband advisor picked by the Federal Communications Commission (FCC) to push high-speed internet access in rural areas has been arrested on multi-million dollar fraud charges. It is alleged that during her time with Alaska-based fiber optic cable provider Quintillion, former CEO Elizabeth Pierce raised more than $250 million from investment firms in New York using forged contracts from other companies. By using bogus documents, she convinced other investors that Quintillion had already secured backing from elsewhere, leading them to believe their investment was stronger than it actually was.
FCC broadband committee member quits over corporate influence
If you think that the FCC is basically controlled by the interests of big ISP-type businesses, you're not alone. Even FCC members feel that Ajit Pai's current gutting of net neutrality is a bad idea. Now even the mayor of San Jose has taken a stand. Sam Liccardo sent FCC chairman Pai a letter (originally provided by Axios) on January 25th, announcing his resignation from the FCC's Broadband Deployment Advisory Committee (BDAC).
