Saturday, May 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Project Tango's World-sensing Cameras To Come In Qualcomm's Reference Phone Designs
HDD Sales Drop, SSDs See Minor Growth
Nvidia Brings GameWorks To Mobile With AndroidWorks
Google Tries To Make Wearables Smarter
Facebook Now Supports Animated GIFs
ASRock Readies Z170 Motherboards For COMPUTEX
Apple Posts Workaround For Buf That Reboots The iPhone
Research Project Can Interpret, Caption Photos
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > HP to P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 11, 2010
HP to Pay $16.25 Million To Settle Fraud inverstigation


The Department of Justice today announced a civil settlement with Hewlett-Packard Company (HP) for alleged E-rate fraud, following an investigation by the Federal Communications Commission and DOJ.

The E-rate program, which funds Internet connections in schools and libraries, has brought Internet connectivity to virtually every classroom in the country.

Acting on tips from whistleblowers, the FCC and the DOJ investigated allegations that contractors working with HP and other companies lavished gifts on Dallas Independent School District and Houston Independent School District personnel in order to get contracts that included some $17 million in HP equipment. Meals and entertainment -- including trips on a yacht and tickets to the 2004 Super Bowl -- were provided by the contractors to get inside information and win contracts that were supposed to be awarded through a competitive bidding process.

As part of the settlement, HP has agreed to pay the U.S. government $16.25 million, most of which will be returned to the E-rate program. In addition, the FCC has negotiated and will oversee a compliance agreement with HP that will ensure that the company plays by the rules in the future.

"The FCC's compliance agreement with HP ensures that HP will train its employees thoroughly on the FCC's gift and other E-Rate rules, and provides for audits of HP's E-Rate business," said Austin Schlick, General Counsel of the FCC. "If HP fails to monitor its E-Rate activities closely and abide by E-Rate Program requirements, it will face substantial penalties."


Previous
Next
ARM Releases Mali GPU For Smartphones And TVs        All News        Firefox 4 Beta Adds New JavaScript Power and Faster Graphics
Apple Premieres Movies on the iTunes Store in Japan     General Computing News      Firefox 4 Beta Adds New JavaScript Power and Faster Graphics

Get RSS feed Easy Print E-Mail this Message

Related News
HP Reports Mixed Q2 Results
HP Partners With Chinese Tsinghua
HP Revamps Its Desktop PC Offerings, Releases New 4K Display
HP Launches Back to School PCs With Fresh Designs
HP and FireEye Announce Alliance for Incident Response and Threat Services
HP And Bang & Olufsen to Bring Premium Sound to PCs
HP Delivers Open standards-based Servers
HP to Buy Aruba Networks
HP Introduces The Spectre x360 Convertible PC
HP Delivers Predictive Analytics at Big Data Scale
HP Led The Notebook Market In 2014
HP Refreshes Its Tablet Lineup

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .