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Verizon unit TracFone to pay $13.4 million to settle false claims allegations, U.S. DOJ says -Breaking

by Mike Robinson

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© Reuters.

(Reuters) – TracFone Wi-fi Inc has agreed to pay $13.4 million to settle false claims allegations in reference to the Federal Communications Fee’s Lifeline Program, the U.S. Justice Division stated on Monday.

The settlement is for resolving allegations that TracFone, a Verizon Communications Inc (NYSE:) unit, violated the False Claims Act by signing up greater than 175,000 ineligible clients in reference to the FCC’s Lifeline Program, the Justice Division stated in a press release.

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