Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Straight Arrow News SANcom

    Boeing to plead guilty to fraud after fatal 737 Max crashes

    By Karah Rucker,

    5 hours ago

    https://img.particlenews.com/image.php?url=3ElAV6_0uIsiAkp00

    Boeing agreed late Sunday, July 7, to plead guilty to a criminal fraud conspiracy charge related to two deadly crashes involving its 737 Max jets. With the guilty plea, Boeing will be labeled a criminal felon, potentially jeopardizing the company’s ability to secure government contracts.

    As part of the plea agreement with the Department of Justice, Boeing will pay an additional $243.6 million fine , on top of a previously paid $243 million fine.

    Boeing has also agreed to invest at least $455 million in safety and compliance programs.

    The plea deal comes after the DOJ found that Boeing violated a 2021 agreement to implement safety changes following the crashes in Indonesia and Ethiopia in 2018 and 2019 , which killed 346 people.

    The plea deal still requires a judge’s approval. Families of the victims say they will ask the judge to reject the deal, as they prefer Boeing to face a trial and harsher penalties.

    The post Boeing to plead guilty to fraud after fatal 737 Max crashes appeared first on Straight Arrow News .

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular

    Comments / 0