|January 7, 2021 at 4:21 PM EST - Updated January 7 at 6:32 PM
CHARLESTON, S.C. (WCSC) - Boeing has agreed to pay more than $2.5 billion in connection to a conspiracy to defraud the FAA related to the evaluation of the company’s 737 MAX airplane, according to officials with the United States Department of Justice.
Government officials said Boeing entered into a deferred prosecution agreement on Thursday in the Northern District of Texas and was charged with one count of conspiracy to defraud the United States.
According to the Justice Department, Boeing concealed information from the FAA on the operation of the 737 Max and attempted to cover up the deception. The government states that Boeing deceived FAA evaluators of the 737 regarding a part of the aircraft which they say was essential and which pilots should have had information on.
Boeing has agreed to pay more than $2.5 billion in connection to a conspiracy to defraud the FAA related to the evaluation of the company’s 737 MAX airplane, according to officials with the United States Department of Justice.
Boeing charged for criminal conspiracy, agrees to pay USD 2.5 million in compensation ANI | Updated: Jan 08, 2021 04:34 IST
Washington [US], January 8 (ANI): The Boeing Company on Thursday (local time) agreed to pay over USD 2.5 million to resolve a criminal charge with the US Department of Justice after being accused of concealing information on two Boeing 737 MAX crashes that resulted in the deaths of 346 passengers.
According to a press release, Boeing entered into a deferred prosecution agreement (DPA) in connection with a criminal information filed on Thursday. The criminal information detailed a conspiracy to defraud the Federal Aviation Administration s Aircraft Evaluation Group (FAA AEG) in connection with the FAA AEG s evaluation of Boeing s 737 MAX airplane.
The Boeing Company on Thursday (local time) agreed to pay over USD 2.5 million to resolve a criminal charge with the US Department of Justice after being accuse
FAIRFIELD-SUISUN, CALIFORNIA
Eight of about a dozen grounded American Airlines Boeing 737 Max 8 aircraft were parked on a remote taxiway at Roswell International Air Center in Roswell, New Mexico, Wednesday, Sept. 4, 2019. (Tom Fox/The Dallas Morning News/TNS)
Boeing agrees to pay $2.5B+ to settle criminal fraud charges over 737 Max
Boeing has agreed with the U.S. government to pay just over $2.5 billion to defer prosecution and resolve a charge of “criminal misconduct” in its certification of the 737 Max, the Department of Justice announced Thursday.
Of that amount, only $243.6 million, less than 10%, is a fine for the criminal conduct, “which reflects a fine at the low end” of the sentencing guidelines, the court agreement states.