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Victim Narrative: Craig Housley – Involvement in the Concealment of the Fiber Network Solutions Acquisition

The following narrative reflects the perspective of the whistleblower based on documented communications, recorded interactions, and supporting materials submitted to federal authorities.

Craig Housley reestablished contact in November 2023 after more than two decades. During that period, discussions centered on historical FNSI stock options and the 2003 acquisition. Documentation was provided, including Exhibit 2.5, a transaction document whose schedules were not included in public or regulatory filings.

Housley acknowledged reviewing these materials and sharing them with his wife, Inga Housley. He initially expressed an interest in raising concerns regarding the matter, but later withdrew from that position. Subsequent events indicate that communication ceased and that actions taken were not consistent with earlier representations.

During a telephone call in early 2024, Housley demonstrated awareness of key aspects of the transaction and the individuals involved. Despite this, no disclosure or corrective action followed.

Following formal notice issued on May 2, 2025, Craig and Inga Housley terminated direct communication and blocked further contact and social media connections. Activity patterns since that time indicate continued monitoring of publicly available materials without engagement.

This narrative reflects the observed sequence of events from the perspective of the reporting party and is presented in conjunction with the documented record.

Craig Housley circa 1990s
Craig Housley (Robert Craig Housley)

Disclaimer and Legal Context

This page identifies individuals who, based on documented evidence and good-faith analysis, are reasonably believed to have participated in, enabled, or failed to act in connection with the fraudulent acquisition of Fiber Network Solutions, Inc. and its subsequent concealment. The information presented here has been submitted in formal whistleblower disclosures to the U.S. Securities and Exchange Commission, the Department of Justice, the Internal Revenue Service – Criminal Investigation Division, and other federal agencies.

This list does not assert criminal guilt. Instead, it reflects a factual and evidentiary account of each individual’s known or alleged role, behavior, or response pattern—particularly where actions or omissions may be relevant to public interest, fiduciary duty, or federal investigations.

This page is published in accordance with protections under federal whistleblower law and the First Amendment of the United States Constitution.

Craig Housley (Robert Craig Housley)

Craig Housley is identified in federal whistleblower submissions related to the 2003 acquisition of Fiber Network Solutions, Inc. (FNSI) by Cogent Communications Holdings, Inc. (NASDAQ: CCOI). The information presented on this page is based on documented communications, corporate records, and materials submitted through protected federal disclosure channels.

Housley had no role in the original 2003 transaction. His involvement arises from events beginning in 2023, following renewed contact with FNSI founder David J. Koch after more than two decades without communication.

Professional Background and Prior Relationship

Craig Housley has a multi-decade career in aviation, holding multiple FAA type ratings, including LR-JET, GIV, GV, and GVII. He has served in a range of professional flight roles over the course of his career, including operations involving Gulfstream aircraft.

Publicly available information reflects recent aviation activity in the San Francisco Bay Area, including work associated with private-owner aircraft operations. His career includes prior roles with fractional and corporate aviation operators, including NetJets, Corporate Wings and related private aviation entities, including later roles flying as Captain in Gulfstream GV, G550, and GVII-G600 aircraft.

Housley’s relationship with David J. Koch dates back to the early 1990s, when he received Learjet training under Koch’s instruction and that of his colleagues. That professional interaction developed into a long-standing personal and professional relationship that continued for more than three decades prior to renewed contact in 2023.

Craig Housley photographed in the early 1990s during his Learjet training

Craig Housley

Involvement in the FNSI – Cogent Matter (2023–2025)

Formal Notice and Federal Disclosure (May 2, 2025)

On May 2, 2025, Craig and Inga Housley were provided formal written notice identifying them by name in a federally protected whistleblower submission under review by the United States Attorney’s Office.

The notice outlined their involvement beginning in December 2023 and described conduct occurring through 2025 in the context of an ongoing investigation into the 2003 acquisition of Fiber Network Solutions, Inc. by Cogent Communications Holdings, Inc.

The notice further documented that Craig Housley had reestablished contact in November 2023 after more than two decades, acknowledged that the underlying transaction involved fraud during a period of medical incapacity, and expressed an initial intent to raise concerns regarding the matter.

It also identified a subsequent change in position, including cessation of communication, deletion of digital evidence, and actions consistent with non-cooperation following awareness of the underlying issues.

The notice advised that conduct occurring after awareness of the matter—including concealment of information, failure to disclose material facts, or participation in undisclosed arrangements—could be evaluated under applicable federal statutes governing conspiracy, obstruction, and related offenses.

This communication established a clear point of documented awareness and marked a transition between pre-notice and post-notice conduct.

By March 2024, Craig Housley had been provided with documentation and context relating to the FNSI–Cogent transaction, including information concerning the roles of individuals connected to the acquisition.

During a telephone conversation in April 2024, Housley was presented with an opportunity to address these issues directly. The discussion reflects awareness of the underlying matters and acknowledgment of key elements of the situation.

Despite this awareness, no corresponding disclosure, escalation, or corrective action followed. The absence of action at this stage represents a clear point at which knowledge of the matter and the opportunity to respond were both present.

This moment marks a transition from awareness to inaction, forming a central reference point in evaluating subsequent conduct.

Behavioral Inflection Point (April 2024)

• November 2023 – Craig Housley reestablishes contact with David J. Koch after more than two decades; discussions begin regarding historical FNSI stock options and the 2003 acquisition.

• December 2023 – Documentation relating to the FNSI–Cogent transaction, including Exhibit 2.5, is shared and reviewed.

• Early 2024 – Housley acknowledges awareness of information concerning the roles of individuals connected to the acquisition.

• April 2024 – During a telephone conversation, Housley is presented with an opportunity to address the matter directly; no subsequent disclosure or action follows.

• May 2, 2025 – Formal notice issued identifying Craig and Inga Housley in a federally protected whistleblower submission under review by federal authorities.

• May 2025 – Communication ceases; social media blocking occurs following receipt of formal notice during May and June 2025.

• Post-May 2025 – Activity indicates continued monitoring of publicly available materials without direct engagement.

Timeline of Relevant Events

Legal Context

Craig Housley is identified in federal whistleblower submissions that have been provided to multiple U.S. government agencies, including the Federal Bureau of Investigation (FBI), Internal Revenue Service – Criminal Investigation Division (IRS-CI), the U.S. Securities and Exchange Commission (SEC), and the United States Attorney’s Office.

The information presented in those submissions relates to events occurring between 2023 and 2025, following his reengagement with the matter. The materials include documented communications, timelines, and supporting records submitted through protected disclosure channels.

Federal law provides that individuals who become aware of potential fraud, obstruction, or related misconduct—and who subsequently participate in, conceal, or fail to disclose material information—may be subject to review under applicable statutes governing conspiracy, obstruction, and related financial offenses.

Any evaluation of conduct, intent, or legal responsibility remains within the jurisdiction of federal authorities. This page reflects the documented record and sequence of events as presented in good-faith whistleblower disclosures.

Closing Statement

Craig Housley’s involvement in the FNSI–Cogent matter arises from events occurring between 2023 and 2025, following his reengagement after more than two decades.

The information presented on this page reflects a documented sequence of communications, actions, and responses, including the point at which awareness of the matter was established and the subsequent absence of disclosure or corrective action.

These materials have been submitted through protected federal whistleblower channels and are subject to review by the appropriate authorities. As such, this page serves as a factual record of events and will be updated as additional information becomes available or as official findings are issued.