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Deadline to cash in on cramming charges is Thurs

2015-12-29 23:02:03| IT Services - Topix.net

The FCC, along with the CFPB and state attorneys general, announced that Verizon Wireless would pay $90 million and Sprint Corporation would pay $68 million to settle investigations that revealed the companies billed customers millions of dollars in unauthorized third-party premium text messaging services. With these two cramming cases, the FCC, working together with the Consumer Financial Protection Bureau, the Federal Trade Commission, and states' attorneys general has brought a total of $353 million in penalties and restitution against the U.S.'s four largest wireless carriers, structuring these settlements so that $267.5 million of the total will be returned to affected customers.

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