Boeing Faces Fraud Plea Bargain Over Deadly 737 Max Crashes

The US Justice Department is proposing that Boeing plead guilty to fraud related to two 737 Max crashes. Boeing has until the end of the week to accept or face trial. Families of the victims have been informed. A conviction could affect Boeing's federal contracts with the Pentagon and NASA.


PTI | Newyork | Updated: 01-07-2024 02:08 IST | Created: 01-07-2024 02:08 IST
Boeing Faces Fraud Plea Bargain Over Deadly 737 Max Crashes
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The US Justice Department is set to propose a fraud plea deal to Boeing, implicating the aerospace giant in two fatal 737 Max crashes, sources revealed on Sunday.

Boeing has a week to decide on the plea offer, which demands the appointment of an independent monitor to oversee compliance with anti-fraud laws, insiders confirmed.

Legal representatives of the victims' families, including attorney Mark Lindquist, reported that prosecutors notified the families via a video call.

If Boeing declines the plea, the Justice Department will pursue a trial, the sources stated.

Boeing has refrained from commenting on the proposal.

This development follows recent claims from prosecutors alleging that Boeing violated a January 2021 agreement that shielded it from criminal charges related to crashes in Indonesia and Ethiopia.

Industry experts warn that a conviction could threaten Boeing's status as a federal contractor, jeopardizing its significant contracts with the Pentagon and NASA.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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