August 13, 2004
Ex-Verizon Wireless Employee Charged With $20 Million Fraud
A former Verizon Wireless employee was indicted by a federal grand jury Thursday on charges he stole more than $20 million from the company's prepaid cellular telephone service, reports the WSJ.
"As a customer service representative, Mr. Mattos had access to a password-protected Verizon computer account in which the company kept a record of prepaid cell phone minutes.
Customers on the plan could buy cards on which were printed 15-digit personal identification numbers. They would then call a telephone number to activate the prepaid minutes to make a telephone call.
Mr. Mattos is alleged to have copied more than $20 million worth of the 15-digit numbers and sold them on his own between November 2002 and March. He continued accessing the Web site and copying the numbers even after he left the company in November 2003, the charges allege."
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