Saturday, February 10, 2007

Antitrust Division Secures Conviction

DOJ's Antitrust Division issued a press release reporting on a a jury conviction in Texas of "the former president and owner of ATE Tel Solutions Inc., which does business as ATE Telecom Solutions Inc. (ATE Tel), on seven of nine counts of wire fraud in a scheme to defraud the federal E-Rate program."  The press release further states:

"The Antitrust Division’s ongoing investigation into fraud and anti-competitive conduct in the E-Rate program has yielded charges being filed against 14 individuals and 12 companies. Six companies and four individuals have either been found guilty at trial, pleaded guilty, agreed to plead guilty, or have entered civil settlements. The defendants have collectively agreed to pay criminal fines and restitution totaling more than $40 million. Two of the individuals have each been sentenced to serve six years in prison."

(esp)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2007/02/antitrust_divis.html

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