Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Comments On GeForce GTX 970 Memory Allocation Reports
Google Comments On Lack Of Security Patches On Older Android Phones
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
Active Discussions
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
 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 Refreshes Its Tablet Lineup
HP Takes Legal Actions Against Patent Infringing Inkjet Supplies
HP Announces new Mini Desktops And Workstation for the office
HP Debuts Virtual Reality Displays
HP To Release New Operating System in 2015
HP Unveils Ultra-thin Business-Class Notebooks
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
HP Releases The OMEN Gaming Notebook
HP Smartwatch Looks Classic, Coming Next Week
HP Broadens Moonshot Portfolio With Intel-powered Models
HP To Separate Into Two Public Companies
HP To Split Into Two Companies: WSJ

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 .