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 Somebody just shot Charlie Kirk. FBI says 'person of interest' in Kirk killing is in custody. Charlie Kirk's death has been confirmed. Charlie Kirk's killer remains at large. Report an error