1. news

Company pleads guilty to E-rate fraud

May 28, 2004
NEC Business Network Solutions will pay $20.7 million in fines and restitution.

E-RATE PROBE: NEC Business Network Solutions has agreed to plead guilty to two charges in connection with a scheme to defraud the federal E-rate program that subsidizes school technology upgrades. The company will pay $20.7 million in fines and restitution. (New York Times)... Federal regulators have put on hold Atlanta Public Schools' request for an additional $20 million for its computer network pending investigations of prior technology spending. (Atlanta Journal-Constitution)

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