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Spectrum scammer, firms ordered to repay $14 million in illegal payments and fines

In Featured News by Wireless Estimator

A Florida man and several companies he managed will have to pay more than $14 million in repayment of ill-gotten gains and civil penalties after a federal judge sided with the U.S. Securities and Exchange Commission (SEC) on allegations that they participated in a fraud scheme involving applications to the Federal Communications Commission for cellular spectrum licenses. U.S. District Judge …