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.
Subscribe below or log in with your password here.
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.
Join today
Note: Special discounts available to new subscribers only. Print subscriptions may include up to 13 Premium Issues per year, which include special magazines. For each Premium Issue, your account balance will be charged an additional fee in the billing period when the section publishes. This will result in shortening the length of your billing period.