- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2024-05-23T20:54:00
The Federal Communications Commission (FCC) proposed a $2 million fine against Texas-based Lingo Telecom for facilitating robocalls that used artificial intelligence (AI) to fake President Joe Biden’s voice after the company’s chief compliance officer was warned in February.
The first-of-its-kind enforcement action charged the company with violating the FCC’s caller ID authentication rules, the agency announced in a press release Thursday. In a related action, the FCC proposed a $6 million fine against political consultant Steve Kramer, who engaged several companies, including Lingo, to transmit the calls.
In February, the FCC’s enforcement bureau issued a cease-and-desist letter to the company’s chief compliance officer, Alex Valencia, warning that failure to comply “may result in downstream providers permanently blocking all of Lingo’s traffic.”
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The Federal Communications Commission fined telecommunications giants T-Mobile, Sprint, AT&T, and Verizon a total of approximately $196 million for allegedly selling customers’ location data to third parties without consent.
AT&T said personal account data on approximately 73 million current and former customers was released on the dark web two weeks ago but has not yet identified when and where the breach occurred.
TikTok and X are under investigation related to their respective compliance with the European Union’s Digital Services Act, while the first three companies probed under the Digital Markets Act include Apple, Alphabet, and Meta.
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
