The Justice Department says Boeing has agreed to plead guilty to a criminal fraud charge.
Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners after the government determined the companythis week of entering a guilty plea and paying a fine as part of its sentence or facing a trial on the felony criminal charge of conspiracy to defraud the United States., which still must receive the approval of a federal judge to take effect, calls for Boeing to pay an additional $243.6 million fine.
The company’s guilty plea will be entered in U.S. District Court in Texas. The judge overseeing the case, who has criticized what he calledcould accept the plea and the sentence that prosecutors offered with it or he could reject the agreement, likely leading to new negotiations between the Justice Department and Boeing.who died in the crashes were briefed on the plea offer a week ago and at the time said they would ask the judge to reject it.
U.S. agencies can use a criminal conviction as grounds to exclude companies from doing business with the government for a set amount of time. Boeing is an important contractor of the Defense Department andUnder Pressure On Plane Safety, Boeing Is Buying Stressed Supplier Spirit For $4.7 BillionBy entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners.
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