Phone company to pay customers $3.6 million

Wednesday, May 31, 2006

JEFFERSON CITY, Mo. -- A telephone company whose former president has been connected to New York mobsters will pay a $1 million fine and $3.6 million in rate credits and other payments to resolve a complaint filed by the Missouri Public Service Commission. The agreement announced Tuesday settles a complaint arising from the commission's review of the company's rates. The agency began the investigation after CassTel's former president, Kenneth Matzdorff, pleaded guilty in January 2005 to charges of conspiracy to commit mail and wire fraud.

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