The US Telecom Giants have committed fraud against the American government and the American public worth at least $600billion. The Book of Broken Promises (full-text book hosted by the FCC) was published in 2015 citing data up to 2014 when the total fraud was only $400billon.

Our telecommunications companies continue to get billions of dollars from the government to subsidize the laying of fiber optic connections to all of America. The companies also continue to charge hidden fees to all customers to “finance” the laying of fiber connections that never materialize. To make things worse, the companies use creative accounting to dodge taxes, and then they arbitrarily limit our internet plans with data caps and high prices.

It is one of the most egregious fraud schemes I have ever read about, and so far very little has been done about it. Most people I have talked to literally have a passionate hatred for Comcast, AT&T, and Century Link, but that’s just because the service is crappy, the prices are high, they sneak in fees whenever they can, and their customer service is notorious. Most people have no idea that these companies have been committing blatant fraud for nearly 30 years. Our telecom companies screw us so badly over here it’s kind of a joke:

https://www.trustpilot.com/review/www.comcast.net

https://www.trustpilot.com/review/www.att.com

https://www.trustpilot.com/review/www.centurylink.com

https://finance.yahoo.com/news/comcast-keeps-customer-on-hold-until-it-closes-to-avoid-94637033299.html

The Irregulators is a small professional group that has been working to fight the fraud since 1999, but their progress has obviously been very slow.