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A federal grand jury in the Northern District of Texas returned an indictment today charging a former Chief Technical Pilot for the Boeing Company (Boeing) with deceiving the Federal Aviation Administration’s Aircraft Evaluation Group (FAA AEG) in connection with the FAA AEG’s evaluation of Boeing’s 737 MAX airplane, and scheming to defraud Boeing’s U.S.‑based airline customers to obtain tens of millions of dollars for Boeing. - Airlines - eTurboNews | Trends | Travel News ....
DoJ Indicts Former Boeing 737 MAX Chief Technical Pilot For Fraud zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Direct News Source The Boeing Company (Boeing) has entered into an agreement with the Department of Justice to resolve a criminal charge related to 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. Boeing, a U.S.-based multinational corporation that designs, manufactures, and sells commercial airplanes to airlines worldwide, entered into a deferred prosecution agreement (DPA) in connection with a criminal information filed today in the Northern District of Texas. The criminal information charges the company with one count of conspiracy to defraud the United States. Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-vic ....
|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. ....