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Boeing to pay $2.5B to resolve 737 MAX criminal fraud case


Ethiopian Airlines Group CEO, Tewolde GebreMariam, visits the site of a catastrophic 737 MAX airplane crash Ethiopia just after the March 2019 incident. (Ethiopian Airlines Photo via Twitter)
Boeing says it’s entered into a $2.51 billion agreement with the U.S. Justice Department to resolve a criminal charge related to the Federal Aviation Administration’s evaluation of Boeing’s 737 MAX airplanes.
The deferred-prosecution agreement addresses a single charge of conspiracy to defraud FAA inspectors about the safety of the 737 MAX’s automated flight control system. Investigators say changes to a component known as the Maneuvering Characteristics Augmentation System, or MCAS, were to blame in a pair of catastrophically fatal 737 MAX crashes that occurred in Indonesia in October 2018 and in Ethiopia in March 2019. ....

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Boeing Reaches $2.5 Billion Settlement of U.S. Probe Into 737 MAX Crashes — 2nd Update


Provided by
Dow Jones
By Dave Michaels,, Andrew Tangel and Andy Pasztor
Boeing Co. will pay $2.5 billion to resolve a Justice Department criminal investigation and admit employees misled aviation regulators about safety issues that led to two deadly crashes of the 737 MAX, authorities said.
The settlement, which was filed Thursday in Dallas federal court, would lift a legal cloud that has hung over the aerospace company for about two years since the fatal crashes. Federal prosecutors had been investigating the role of two Boeing employees who interacted with the Federal Aviation Administration about the design of the 737 MAX and how much pilot training would be required for the new model. ....

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The Day - Boeing agrees to pay $2.5 billion to resolve federal criminal charge over 737 Max conspiracy


Published January 07. 2021 10:40PM 
Ian Duncan, Lori Aratani and Michael Laris, The Washington Post
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The Justice Department on Thursday said Boeing has agreed to pay more than $2.5 billion to resolve a charge that it conspired to defraud the Federal Aviation Administration during its review of the 737 Max, the airliner involved in a pair of deadly crashes that killed 346 people.
David P. Burns, acting assistant attorney general for the Justice Department s Criminal Division, said the crashes exposed fraudulent and deceptive conduct by employees of one of the world s leading commercial airplane manufacturers.
Boeing s employees chose the path of profit over candor by concealing material information from the FAA concerning the operation of its 737 Max airplane and engaging in an effort to cover up their deception, Burns said in a statement. ....

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Boeing agrees to pay $2.5B+ to settle criminal fraud charges over 737 Max


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. ....

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