Ajit Paiís FCC broadband adviser nabbed in alleged $250M fraud plan - CNET

A broadband advisor selected by Federal Communications Commission Chairman Ajit Pai to run a federal advisory committee was arrested last week on claims she tricked investors into pouring money into a multi-million dollar investment fraud scheme, according to The Wall Street Journal. The advisor, Elizabeth Pierce, is the former chief executive of Quijntillion, an Alaska-based fiber optic cable provider operating out of Anchorage. In her capacity as CEO, Pierce allegeledy raised more than $250 million from two New York-based investment companies using forged contracts with other companies guaranteeing hundreds of millions of dollars in future revenue. Pierce resigned from Quintillion in August of last year, and she stepped down from her... Continue reading…

Ajit Paiís FCC broadband adviser nabbed in alleged $250M fraud plan - CNET

Elizabeth Ann Pierce, former head of a telecom firm in Alaska and Pai's pick as a broadband adviser, is in trouble for bilking investors.

Tue 17 Apr 18 from CNET

Ajit Paiís ex-broadband advisor arrested on charge of forging fiber contracts

Ex-CEO and committee chair accused of defrauding investors with fake contracts.

Tue 17 Apr 18 from Arstechnica

Former Alaskan telecom CEO arrested for $250 million fraud

Elizabeth Pierce, a broadband adviser selected by FCC Chairman Ajit Pai and former telecom CEO, was arrested last week on fraud charges. Prosecutors claim she tricked investors into dumping ...

Tue 17 Apr 18 from Techspot

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. ...

Tue 17 Apr 18 from Engadget

Broadband advisor picked by FCC Chairman Ajit Pai arrested on fraud charges

A broadband advisor selected by Federal Communications Commission Chairman Ajit Pai to run a federal advisory committee was arrested last week on claims she tricked investors into ...

Mon 16 Apr 18 from The Verge

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