Thursday, June 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
B&O PLAY H5 In-ear Earphones Launch Globally
Samsung Starts Selling Unlocked Galaxy S7 Phones
Qualcomm Files Additional Complaints in China Against Meizu
Nero Offers Latest SecurDisc Technology For Effective Data Protection
OPPO and Vivo Set To Enjoy Significant Smartphone Production Growth This Year
Netflix To Offer Original Series In Asia
Qualcomm Snapdragon 600 and 800 Procesors To Support Google Tango Augmented Reality Technology
HTC Joins Investment Firms to form VR Venture Capital Alliance
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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 expands Chromebook Lineup With Touch
HP Recalls Batteries for HP and Compaq Notebook Computers Due to Fire and Burn Hazards
HP Announces Omen Portfolio Of Gaming PCs
HP Unveils Production-Ready 3D Printing System
New HP t310 Zero Client Focuses On Performance, Security
HP Refreshes The Pavilion PC Line-up
HP Releases New Chromebook for Home and Office
HP Packs Power and Performance Into New Z1 G3 Workstation All-in-One
New HP Spectre Laptop Is 10.4 mm Thin
HP Offers New Printers With Proprietary Pigment Ink
HP Inc's Revenue Falls On Weak PC And Printer Sales
HP Offers Global Wi-Fi Access on HP Devices

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .