A whistleblower has come forward to reveal the FCC whitewashed evidence of Bell company accounting fraud by closing the record on the RBOC Continuing Property Records audits in November 2000.
See info on audits at http://www.fcc.gov/wcb/asd/audits I submitted a Petition on December 23, 2002 based on the whistleblower's story arguing the public interest compels the FCC to reopen the record on the CPR audits. See link to download copy of the Petition below. The Bell companies (Verizon, SBC, Bellsouth, Qwest) have recovered over $2 trillion dollars from customers over the last twenty years. The audits were unable to verify 20% of the assets claimed. If overstated costs produced a 5% error in setting rates, consumers would have suffered a $100 billion overcharge. The opportunity to address the issue diminishes over time as the FCC appears poised to narrow significantly reporting requirements regarding costs. The Bell companies routinely claim regulations force them to sell below costs, but the audits reveal they don't know their costs. Stay tuned! Dan ..................................................... Daniel Berninger, Managing Director, pulver.com 115 Broadhollow Road, Suite 225, Melville, NY 11747 i: fwd - 12908 : v: 410.279.1220 : e: [EMAIL PROTECTED] w: www.pulver.com/antitrustreport >>>>>>>>> Submitted 12/23/02 BEFORE THE FEDERAL COMMUNICATIONS COMMISSION In Matter of FCC AUDIT REPORTS ON RBOC's PROPERTY RECORDS DANIEL BERNINGER, Petitioner PETITION TO REOPEN THE RECORD ON THE FCC CPR AUDIT Verizon, SBC, BellSouth, and Qwest, Respondents. <snip> ARGUMENT The Commission breached due process in closing the record on the CPRs audits relying on undisclosed agreements between the Common Carrier Bureau and some of the parties with interests in the proceeding. Even were the auditors entirely mistaken regarding the $5 billion missing equipment category, the Commission does not have the authority to ignore the accounting irregularities of a magnitude associated with the estimated $13 billion inventory value categorized as "undetailed investment" and "unallocated other costs". Commission rules explicitly state carriers must maintain records that allow auditors to physically verify the existence of equipment necessary for provision of regulated services. <snip> See link to download copy of Petition at http://www.pulver.com/antitrustreport/sample.html ----------- FoIB mailing list -- Bits, Analysis, Digital Group Therapy http://www.ianbell.com/foib.html
