The FCC wants to fine wireless carrier Truphone $660,000 for links to oligarch Roman Abramovich
Truphone, a British wireless carrier, faces a $660,000 fine by the FCC over its ties to Russian oligarchs including Chelsea FC owner Roman Abramovich and his business partners Alexander Frolov and Alexander Abramov.
All three Russians are major shareholders in steel giant Evraz.
The regulator said Truphone, which owns a small US carrier called iSmart Mobile, had "misrepresented" its ownership structure, meaning control of iSmart's FCC-authorized telco licenses were "passed to foreign entities that were not vetted."
The FCC's notice outlined a series of complex ownership structure changes for Truphone that indicate the three oligarchs' involvement.
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