Sunday, November 30, 2008

12th Company Reaches Settlement With Florida Attorney General

Business Telecommunications Services, Inc., also known as ADMA Telecom, Inc. reached a settlement deal with the Florida State Attorney Generals Office in regards to the recent actions taken by Florida to crack down on the practice by phone card companies of delivering less minutes than promised. In June of this year, 10 companies had settled with the Attorney General (including IDT, Dollar Phone, STI and others) and then a few months later an 11th company, Cinco Telecom Corp. settled.

Terms of the settlement were similar to the other companies, with ADMA Telecom agreeing to disclose all fees and charges clearly and by delivering the advertised minutes. In addition the company also agreed to auditing for 3 years and to donate $75,000 to the Hispanic Institute, the organization that assisted the Attorney Generals office with their investigation.

The State's Economic Crimes division will also continue to look into other companies and has acknowledged that there are still a few more companies under investigation.

The official release from the Florida Attorney Generals Office can be found here.

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