Boeing to plead guilty in federal fraud case

Boeing to plead guilty in federal fraud case

Boeing to plead guilty in federal fraud case

Wide-body turbojet passenger aircraft Boeing 787 Dreamliner

Boeing will plead guilty to criminal fraud over two fatal 737 Max airplane crashes, one in 2018 and one in 2019.

The Justice Department said Sunday the aircraft maker violated a 2021 settlement that protected the company from prosecution.

Boeing also agreed to pay a 243-million fine. An independent compliance monitor will oversee the company for three years. The company will also have to invest more than 450 million dollars for safety and compliance programs.

 

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