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2024-02-19 Home Front: Politix

‘Suspicious Reversal:' DOJ Backs Down from Massive Fraud Case Against Dem Megadonor Dish CEO, BlackRock

[Breitbart] FCC insiders are raising concerns over the Justice Department’s sudden push to settle a multi-billion dollar fraud lawsuit against Democratic megadonor Charlie Ergen’s Dish Network and BlackRock, just before they were set to be deposed.

Last year, Elon Musk tweeted that Dish Network CEO and major political donor Charlie Ergen “is trying steal” wireless internet through his lobbying. He previously accused Ergen of engaging in “sneaky moves” at the FCC. Musk was criticizing Ergen’s failed lobbying and lawfare efforts to have the government punish SpaceX who was competing for spectrum.

A Senior FCC official told Breitbart News he is raising alarm bells over what he calls “a suspicious reversal by the Justice Department” to protect Ergen, as well as executives at Blackrock, to prevent them from testifying about allegedly fraudulent conduct in a wireless auction.

Under FCC regulations, the agency grants discounted “bidding credits” to small businesses called “designated entities” in wireless spectrum auctions. In 2015, Dish Networks — hardly a small business with a valuation over $25 billion at the time — with backing from BlackRock-financed Northstar Wireless and SNR Wireless who went on to win the auctions, describing themselves as “”very small businesses”. These credits were worth $3.3 billion dollars and pushed out legitimate smaller businesses out of the auction.

Posted by Skidmark 2024-02-19 05:52|| || Front Page|| [11133 views ] Top

#1 Following Ergen's successful launch of the company's third high-power satellite, EchoStar III (this one from Cape Canaveral, Florida), on October 5, 1997, the company signed up its millionth customer. In 1998 Ergen sued Rupert Murdoch's News Corporation for $5 million when Murdoch backed out of a merger in 1997 between Murdoch's ASkyB satellite service and Ergen's company. Ergen eventually forced News Corporation to turn over satellite assets after alleging misconduct by Murdoch regarding the planned merger. That year probably marked the beginning of Ergen's long-standing public feud with Murdoch.

Posted by Huputle Cherelet4131 2024-02-19 11:53|| 2024-02-19 11:53|| Front Page Top

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