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Verizon settles government probe for $93.5M

On Tuesday, Verizon Communications agreed to pay $93.5 million to settle a lawsuit filed by the U.S. Justice Department. Verizon was accused of overcharging the U.S. government for both voice and data services. Reuters reports that the the company’s MCI Communications Services unit “invoiced the General Services Administration for various taxes and surcharges in violation of contracts or regulations.” Back in October of 2010, Verizon was ordered by the Federal Communications Commission (FCC) to repay customers more than $52 million for erroneous data charges.