A broadband adviser selected by Federal Communications Commission Chairman Ajit Pai to run a federal advisory committee was arrested last week on claims she tricked investors into pouring money into a multimillion-dollar investment fraud scheme, according to The Wall Street Journal.
The adviser, Elizabeth Pierce, is the former chief executive of Quintillion, an Alaska-based fiber optic cable provider operating out of Anchorage. In her capacity as CEO, Pierce allegedly raised more than $250 million from two New York-based investment companies using forged contracts with other companies guaranteeing hundreds of millions of dollars in future revenue. Pierce resigned from Quintillion in August of last year, and she stepped down from her role in Pai’s Broadband Deployment Advisory Committee (BDAC) the following month.
Many computer networks use a simple line code to transmit one type of signal using a medium's full bandwidth using its baseband (from zero through the highest frequency needed). Most versions of the popular Ethernet family are given names such as the original 1980s 10BASE5 to indicate this.
Networks that use cable modems on standard cable television infrastructure are called broadband to indicate the wide range of frequencies that can include multiple data users as well as traditional television channels on the same cable. Broadband systems usually use a different radio frequency modulated by the data signal for each band.[6]
The adviser, Elizabeth Pierce, is the former chief executive of Quintillion, an Alaska-based fiber optic cable provider operating out of Anchorage. In her capacity as CEO, Pierce allegedly raised more than $250 million from two New York-based investment companies using forged contracts with other companies guaranteeing hundreds of millions of dollars in future revenue. Pierce resigned from Quintillion in August of last year, and she stepped down from her role in Pai’s Broadband Deployment Advisory Committee (BDAC) the following month.
Many computer networks use a simple line code to transmit one type of signal using a medium's full bandwidth using its baseband (from zero through the highest frequency needed). Most versions of the popular Ethernet family are given names such as the original 1980s 10BASE5 to indicate this.
Networks that use cable modems on standard cable television infrastructure are called broadband to indicate the wide range of frequencies that can include multiple data users as well as traditional television channels on the same cable. Broadband systems usually use a different radio frequency modulated by the data signal for each band.[6]
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