Old 03-05-2008, 01:50 PM Offline   #1 (permalink)



 
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Default Telephony Fraudster Gets Lifetime Ban from Telecom Business

coondoggie passed us another NetworkWorld link, this one discussing the banning of a shady telecom tycoon convicted for 'cramming'. "The owner of three companies that billed more than $30 million in bogus collect call charges, an activity known as cramming, to millions of consumers throughout the country, has been banned forever from all billing on local telephone bills. Willoughby Farr agreed to the lifetime ban as part of a federal court order settling Federal Trade Commission charges that he directed a massive unauthorized billing scam for more than two and a half years. The settlement contains a monetary judgment of $34,547,140, which will be partially satisfied by Farr's transfer to the Commission of all but $7,500 of his frozen assets, the FTC said."Read more of this story at Slashdot.
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