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Boeing has agreed to plead guilty to one charge of conspiracy to defraud the United States and potentially up to $487 million in fines to avoid prosecution, the Justice Department said in a court filing Sunday evening.
The Boeing Company has agreed in principle to a deal with the DOJ that will include a guilty plea to conspiracy to defraud the U.S. related to the 737 MAX.
The plane maker faces conviction and a $244 million fine for misleading air-safety regulators before two fatal crashes that killed 346 people.
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal crashes by its 737 Max planes that killed 346 passengers and crew.
By Chris Prentice, Mike Spector and David Shepardson NEW YORK/WASHINGTON (Reuters) - Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve a U.S. Justice Department investigation linked to two 737 MAX fatal crashes,
As part of the deal, stemming from fatal 737 Max crashes in 2018 and 2019, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.
Boeing’s 737 Max is a more fuel-efficient version of the American aerospace company’s popular 737, the best-selling airliner ever
Boeing Co. has agreed to plead guilty to criminal conspiracy to defraud the US after the Justice Department concluded the planemaker failed to adhere to an earlier settlement stemming from two fatal crashes of its 737 Max jetliner.
Boeing will plead guilty to a criminal fraud charge in connection with two 737 Max crashes in Ethiopia and Indonesia that killed 346 people in total, per a Department of Justice court filing late Sunday.
Boeing will plead guilty to a criminal fraud charge stemming from two deadly 737 Max crashes, Justice Department says
Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners after the government determined the company violated an agreement that had protected it from prosecution for more than three years,
Boeing has agreed in principle to a deal with the U.S. Department of Justice (DOJ) which includes a guilty plea to conspiracy to defraud the U.S. This charge is in connection to the company misleading the FAA during its evaluation of the 737 MAX.
Boeing on Monday said it had "reached an agreement" with the US Department of Justice over two fatal 737 MAX crashes more than five years ago.
The Justice Department says Boeing has agreed to plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners.