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DoJ Indicts Former Boeing 737 MAX Chief Technical Pilot For Fraud

DoJ Indicts Former Boeing 737 MAX Chief Technical Pilot For Fraud
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United statesJakarta rayaAlex lewisScott armstrongMarka forknerCorye jacobsMark forknerJeffreyl curetonEricj soskinMichaelt oneillDepartment of justiceDivision fraud sectionJustice departmentFlight technical teamUs district courtEthiopian airlines flight

Boeing charged with 737 Max fraud conspiracy, to pay over $2 5 billion in fines

Boeing charged with 737 Max fraud conspiracy, to pay over $2 5 billion in fines
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Java seaOceans generalUnited statesErin nealy coxAndream kropfEmmerson buie jrDavidp burnsDepartment of transportation office inspectorDepartment of justiceOffice of inspectorChicago field officeEthiopian airlinesFlight technical teamEthiopian airlines flightLion airJustice department criminal division

Fifth Circuit Keeps Boeing Crash Documents Under Wraps

Fifth Circuit Keeps Boeing Crash Documents Under Wraps
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Boeing to pay $2 5 billion to settle U S criminal probe into 737 MAX crashes

Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its 737 MAX jetliner.

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Boeing Fraud Enforcement Action: Part 2 – Facts of the Fraud | Thomas Fox

To embed, copy and paste the code into your website or blog: One of the top corporate scandals over the past few years entered its next phase with the settlement by the Department of Justice (DOJ) with The Boeing Company (Boeing) around its fraud in the certification of its 737 MAX aircraft. The resolution was via a Deferred Prosecution Agreement (DPA). Under the DPA, Boeing agreed to pay a total amount of $2.5 billion. According to a DOJ Press Release, this total amount consisted 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-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.” This enforcement involved a fraud by Boeing on the US government. There are multiple lessons for the anti-bribery compliance

Department of justiceAviation administrationAircraft evaluation groupFlight technical teamEthiopian airlines flightBoeing companyDeferred prosecution agreementLion air flightCharacteristics augmentation systemFederal aviation administrationEvaluation groupStandardization board reportTechnical teamTechnical pilotsTechnical pilotChief executive officer