AT&T, T-Mobile Handset Crime Ring Broken Up

A court in New York handed down indictments of eight people accused of taking part in a $22 million handset scam. Prosecutors say two of the perps – who happen to operate cellular stores in Florida and New York – took customer information and impersonated those people to order handsets. Then they allegedly bribed delivery […]

Ex-Qwest Head Charged with Insider Trading

Federal prosecutors today charged ex-Qwest Communications International Inc. CEO Joseph P. Nacchio with insider trading. The government contended Nacchio took part in insider trading for sales of $100.8 million in Qwest stock between Jan. 2, 2001, and May 29, 2001. Each charge carries a maximum penalty of 10 years in prison and fines up to […]

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