Boeing has agreed to pay a $2.5 billion fine to settle a criminal conspiracy charge, ending a roughly two-year investigation. The US Justice Department said Boeing employees concealed information about the aircraft’s onboard software from regulators who had originally approved the planes. Two 737 Max planes crashed within five months of one another in 2018 and 2019, killing all 346 people on board.
Boeing Charged With $2.5 Billion For Criminal Conspiracy To Coverup 737 Max Aircraft Crashes
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 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...
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