Money | Verizon Verizon Pays Record $25M Fine for 'Mystery Fees' It's the largest settlement in FCC history By Nick McMaster Posted Oct 28, 2010 4:25 PM CDT Copied The Verizon logo is seen at a Verizon Wireless store March 29, 2005 in San Francisco. (Getty Images) Verizon Wireless will pay a record $25 million fine to the federal government to settle accusations it overcharged customers. Separately, Verizon is refunding $52.8 million to about 15 million customers over so-called "mystery fees" in which they were charged for data services they didn't use. The payment is considered a voluntary payment and not a fine because Verizon has not admitted guilt in the matter, and it's the largest such penalty ever assessed by the FCC, reports PC Magazine. In a statement, Verizon chalked the matter up to "inadvertent billing mistakes." Read These Next A government shutdown could mean permanent layoffs. FCC chief gets crushed by cat litter in new South Park. Judge demands answers from Trump administration on Mangione comments. James Comey says go ahead, bring on his trial. Report an error