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Nevada ISP owner admits embezzling $7.8m from broadband project
Original: Nevada ISP owner pleads guilty to embezzling more than $7.8m from Internet buildout project
The owner of a Nevada internet service provider has pleaded guilty to embezzling more than $7.8 million from a project meant to expand internet access. Federal prosecutors say the funds, allocated for broadband infrastructure buildout, were misappropriated rather than used to connect communities. The case highlights concerns over oversight of public broadband funding programs.
Why now: Concerns about misuse of public broadband infrastructure funding are under scrutiny as federal internet expansion programs roll out.
NevadaUS Department of Justicebroadband buildout project
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- Nevada ISP owner pleads guilty to embezzling more than $7.8m from Internet buildout project · Data Center Dynamics
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