FCC proposes $225mn fine on Texas insurance frauds for massive robocall campaign

The US FCC (Federal Communication Commission) had proposed on Tuesday a record $225 million in punitive measures against John Spiller and Jakob Meyers, two telemarketers who the US FCC claimed had allegedly made over 1 billion illegal robocalls offering fraud life insurance plans from reputed insurers.

In point of fact, the five-member US Federal Communication Commission voting panel, Chaired by Ajit Pai, had voted unanimously on Tuesday to propose the $225 million in punitive actions on individuals such as John C. Spiller II and Jakob Meyer over accusations that the aforementioned individuals were involved in a scheme to make millions of robocalls using their companies such as JSquared Telecom and Rising Eagle, in a bid to falsely claim health insurance plans from major industry players such as Blue Cross Blue Shield, Cigna, Aetna and UnitedHealth Group.

Source: FCC proposes $225mn fine on Texas insurance frauds for massive robocall campaign / Financial World

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