Article 3MZBS Ajit Pai’s ex-broadband advisor arrested on charge of forging fiber contracts

Ajit Pai’s ex-broadband advisor arrested on charge of forging fiber contracts

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Jon Brodkin
from Ars Technica - All content on (#3MZBS)
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The former head of FCC Chairman Ajit Pai's Broadband Deployment Advisory Committee (BDAC) has been arrested on a charge of wire fraud for allegedly tricking investors into pouring money into a fiber-optic network.

Elizabeth Pierce is accused of "forg[ing] guaranteed revenue contracts to fraudulently induce investors to invest more than $250 million in a fiber optic cable network in Alaska," according to a press release issued last week by the US Attorney for the Southern District of New York.

Pierce was the first chair of the Federal Communications Commission's 29-member broadband committee, which has seen defections from municipal officials who say it has prioritized the interests of private Internet providers over those of cities and towns.

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