NPR logo

Lucent Agrees to Pay Fine in Fraud Probe

  • Download
  • <iframe src="https://www.npr.org/player/embed/1900463/1900464" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Lucent Agrees to Pay Fine in Fraud Probe

Business

Lucent Agrees to Pay Fine in Fraud Probe

Lucent Agrees to Pay Fine in Fraud Probe

  • Download
  • <iframe src="https://www.npr.org/player/embed/1900463/1900464" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

New Jersey-based telecommunications company Lucent Technologies agrees to pay a $25 million civil penalty to settle charges it failed to cooperate with federal investigators probing alleged accounting violations at the company. Some current and former Lucent employees still face charges of accounting fraud. NPR's Jack Speer reports.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.