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Boeing Pleads Guilty to Fraud in Order to Avoid Trial for Crashes Resulting in 346 Fatalities

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July 8, 2024
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Boeing, one of the world’s leading aircraft manufacturers, has reached a plea agreement with the US Department of Justice (DoJ) in response to a criminal fraud conspiracy charge related to two fatal crashes of its 737 MAX planes. The DoJ official announced that as part of the deal, Boeing will pay a fine of $243.6 million and invest at least $455 million over the course of three years to enhance…

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