Verizon Pays $93.5 Million to U.S. to End Overcharging Case
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Verizon Communications Inc., the second-largest U.S. phone company, paid the U.S. $93.5 million to resolve allegations it overcharged the U.S. General Services Administration.
The U.S. Justice Department and the GSA, which supports federal agencies with products and communications, found New York-based Verizon submitted false claims for reimbursement of property taxes, common-carrier recovery charges and unallowable surcharges, according to an e-mailed statement from the Justice Department announcing the settlement.