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ALERT CEO ARRESTED FOR FRAUD!

The feds say the men used the program, designed to provide cell phones to the poor, to make themselves millionaires, buying a Lamborghini, a Mercedes, a Cadillac Escalade, an Audi R-8, a corvette, a limo, a private jet and a boat, among other things, all of which the government now wants to repossess.

One of the men indicted is Kevin Brian Cox, the owner of True Wireless which we've reported on here in Oklahoma for allegedly breaking the Lifeline rules.

While its owner, Cox, is named in the federal indictment, his alleged crimes are connected to a different company.