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]

               
 A broadband signalling method is one that handles a wide band of frequencies. "Broadband" is a relative term, understood according to its context. The wider (or broader) the bandwidthof a channel, the greater the data-carrying capacity, given the same channel quality.In radio, for example, a very narrow band will carry Morse code, a broader band will carry speech, and a still broader band will carry music without losing the high audio frequencies required for realistic sound reproduction. This broad band is often divided into channels or "frequency bins" using passband techniques to allow frequency-division multiplexing instead of sending a higher-quality signal.In data communications, a 56k modem will transmit a data rate of 56 kilobits per second (kbit/s) over a 4-kilohertz-wide telephone line (narrowband or voiceband). In the late 1980s, the Broadband Integrated Services Digital Network (B-ISDN) used the term to refer to a broad range of bit rates, independent of physical modulation details.[3] The various forms of digital subscriber line (DSL) services are broadband in the sense that digital information is sent over multiple channels. Each channel is at higher frequency than the baseband voice channel, so it can support plain old telephone service on a single pair of wires at the same time.[4] However, when that same line is converted to a non-loaded twisted-pair wire (no telephone filters), it becomes hundreds of kilohertz wide (broadband) and can carry up to 100 megabits per second using very-high-bit-rate digital subscriber line (VDSL or VHDSL) techniques.

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.

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.

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.