Former FCC Broadband Panel Chair Arrested For Fraud (dslreports.com)
An anonymous reader quotes a report from DSLReports: The former chair of a panel built by FCC boss Ajit Pai to advise the agency on broadband matters has been arrested for fraud. Elizabeth Ann Pierce, former CEO of Quintillion Networks, was appointed by Pai last April to chair the committee, but her tenure only lasted until September. Pierce resigned from her role as Quintillion CEO last August after investigators found she was engaged in a scam that tricked investors into pouring money into a multi-million dollar investment fraud scheme. According to the Wall Street Journal, Pierce convinced two investment firms that the company had secured contracts for a high-speed fiber-optic system that would generate hundreds of millions of dollars in future revenue.
She pitched the system as a way to improve Alaska's connectivity to the rest of the country, but the plan was largely a fabrication, law enforcement officials say. "As it turned out, those sales agreements were worthless because the customers had not signed them," U.S. Attorney Geoffrey Berman said in prepared remarks. "Instead, as alleged, Pierce had forged counterparty signatures on contract after contract. As a result of Pierce's deception, the investment companies were left with a system that is worth far less than Pierce had led them to believe." Quintillion says it began cooperating with lawmakers as soon as allegations against Pierce surfaced last year. Pierce was charged with wire fraud last Thursday and faces a maximum sentence of 20 years in prison.
Like Madoff, the crime isn't that she stole a bunch of money. It's that she stole a bunch of money from rich people. This pierces the "one rule for me, and another for thee" veil.
How is the Riemann zeta function like Trump rallies? Both have an endless number of trivial zeros.
This is how telecom is done, eh?
If they had been punished for the fraud they committed (and worked to hold rogue managers responsible), I would have far more sympathy now they are a victim of fraud.
Obviously it's not news that some random, quickly-fired bureaucrat was a scam artist, but if we mention that Ajit Pai was her boss a few times we can tap into all that pre-existing hate and generate clicks.
it's just coincidence that she's related to somebody /. hates. And I'm sure she was promptly replaced by somebody just as bad. I keep saying this, but if people want this to stop you need to get out there and vote these bums out.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Ajit Pai - a diversity hire, and by whom, you may or may not ask? Some guy named Barry something or other...
And considering this guy... from India.. home of some of the best corruption outside of Latin America, well, pretty easy to see this coming with the kind of company they keep, why hasn't his name come up in the court's papers?.. And Trump? Hey, bud, just take off somewhere, but you have to send the plane back
Is that even a thing any more? Get with the times.
It's time to find out what Ajit knew and when he knew it. I wonder if he is nervous.. Did Ajit know about these contracts? We he a reference for investors? Was he a willing party to the fraud? Was the connection to the FCC leveraged in the fraud? So many questions and inquiring minds want to know.
I don't think Trump meant to drain the swamp by having everyone associated with him and his appointees arrested and thrown into prison, but it's starting to do the job.
This is barely even news with this administration. It was only a piddly $250 million; chump change to the waste, fraud, and abuse in this administration. They spend $31K on some tables and chairs, hundreds of thousands per trip on private charter jets, millions on golf excursions to Florida, around $45K on a soundproof booth, a couple million on a private 24/7 security detail... She would probably be one of the most ethical members of the administration if she ONLY bilked people for $250m.
your primary vote is incredibly powerful since so few people show up to it. If you show up at your primaries you can do away with crap like the "Sheldon" primary (google it).
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Actually, I beg to differ.
The current Bozo and friends are, as expected, foolishly blatant and open about what they are doing.
This comes from a lack of political experience, and is actually rather refreshing.
The other mod were almost the definition of pure slick politics - where everything was hidden.
They only mad a few slip ups that got leaked out and tipped the balance, but they were certainly adept at playing kiss the baby while selling out your freedom.
Having a loudmouth idiot in charge can have benifits, and I would suggest is making the whole system less corrupt, not more, as it is at least being exposed and made obvious.
He could have searched for somebody knowing tech among the republican, launched a call for a republican with fair and balanced view. He did not. He took an industry lobbyist, which had already very publicly made clear of its view.
C. Sagan : A demon haunted world:
http://www.amazon.com/gp/product/0345409469/
visit randi.org
Interesting that you didn't call him Obama's FCC chairman, because if it was Trump's or Bush's I have a feeling that important detail would have been mentioned. https://en.m.wikipedia.org/wik...
my karma will be here long after I'm gone
... to believe that we couldn't ever put someone honest in charge. It must be that they hide everything better.
So, this scheme apparently bilked two investment firms out of about $250 million dollars, and the sole perpetrator is likely going to get prison time.
In another scheme, countless everyday Americans were bilked out of BILLIONS of dollars by a conspiracy of multiple banks coercing them into toxic mortgages. Many of those people lost their homes. Not a single day of prison time has been served by anyone involved in that scam.
So, if you're going to steal, make sure you steal from everyday Americans and not big, politically-connected investment firms.
250 Million bucks worth!. That's a lot of fraud going on. She must be quite some woman that she could find time to advise Pai on how best to rip off the American public as well. Maybe that's why she stepped down. Ain't nobody got time for all that.
The entire Trump maladministration is criminals all the way down. Not a one of them that isn't feathering their own nest at the expense of the nation.
It's "get hanged", not "get hung".
- Anomalous grammatical coward
Is run for public office and write a book, then she'll never see prison, much less a courtroom.
Pai's a "diversity" hire by Obama iirc. Don't do best man for the job? Here's your result (shit). Software today also shows you that much!
Imo, you're the SAME type of stupid moron bitching about cops (coming from a person in myself that won a lawsuit vs. a city for having the shit beaten out of me by cops no less)!
NEWSFLASH though, despite my "bias" (there IS none & this proves it) - TRY LIVE MINUS POLICE! We'd have chaos minus law enforcement.
Are cops perfect (is any man)? No. More people die from medical fuckups than from police by FAR mind you. Are professional athletes perfect? No, they made errors too! You expect cops to be 'perfect' then?? Minus police (which yes, we need) there would be TOTAL CHAOS. We make a social contract by hiring these officials to maintain order & then to let the legal system take its course (yes, it's also far from perfect & has been shown to be corrupted @ times (e.g. witness Hellary Clinton being allowed to go free after Comey the traitor f'd up trying "intent" bs to make it look like he actually tried, when the REAL CASE vs. her was "ignorance is no excuse for the law" since she was a former attorney & secretary of state who KNEW she wasn't supposed to have a private @ home server that wasn't DoD secured NOR was she supposed to share top-secret info.)).
Still, TRY live in a world minus policemen (you wouldn't SURVIVE it).
APK
P.S.=> All this "liberal" bullshit is DESIGNED by the "JWO" to take down OUR SOCIETY (which for the most part worked pretty good, hence the USA being "ontop" in most things for decades on end) - & not all "your kind's" CRAP (anti-common-sense) from brainwashed fools OR disgruntled losers that wasted their time & lives f'ing around vs. becoming the best you can be ESPECIALLY WHEN YOU ARE YOUNG (the future IS now), makes any sense OR holds a shred of water vs. common-sense & a system that was working (or are 'liberal cities' like Chicago under that FOOL Rahm Emmanuel doing well? Hell no)... apk
See subject & answer the question: Better yet, let ME answer it for you - BEST MAN FOR THE JOB wasn't put in & THIS IS YOUR RESULT, period!
Who wrote that 'requirement' up?
ANSWER: Those TRYING to destroy the United States (the "JWO" as I call it headed up by Satanic fake jews in the Rothchild BANKERS (prove to me they have hebrew bloodlines (they don't) for 'racism' on MY part + I can't be "RACIS" vs. a religious cult that claims in their book of law the talmud the rest of us are swine to be robbed, raped & murdered!)
These are NOT true torah/old testament jews (they are the ones Jesus kicked the SHIT out of in the temple, & Jeremiah scolded them also, along w/ the Essenes).
NO- they are Khazars/Ashkenazi turkic satanic swine faking they are jews - Exactly what St. John in Revelation said of in "those who claim to be jews and are not but are rather the Synagogue of Satan (not this bs "globalist" label, devil worshippers) - along w/ their puppet George Soros backed by them who wants to destroy the USA & any constitutional republic + claims he "is a God" no less (megalomaniacal delusions, just like his culture))
They, alongside the Masonic order (look up Albert Pike dedicating his masonic books to LUCIFER)). They buy up legal, media, & political might via corporations (w/ money they robbed OR hoodwinked others out of, like their treasury dept./FED (not federal @ all) reserve stole the gold out of Ft. Know, as they did in Egypt ages ago (despoiling it)).
* They wrote OR rewrote all "laws" to THEIR ENDS - & they are out to 1st destroy the family (do that, no guidance to the young, creating fatherless bastards as women CANNOT raise a MAN (a girl to be a woman? Yes, but they turn MEN INTO snowflake women)), then the society in nations. Take away traditional rules/parameters/morals? Society crumbles, & lawlessness results (out of desperation more than out of PURE 'evil' on individual's parts - the WANNABE controllers have the PATENT on PURE evil)).
APK
P.S.=> IF you don't realize ALL OF THE ABOVE? Wake the FUCK UP... apk