Boeing Signs $1.1 Billion Non-Prosecution Deal in 737 MAX Crash Case, Admits to Criminal Fraud

The admission of fraud allows Boeing to avert a criminal trial over crashes in 2018 and 2019 that killed 346 people.
Boeing Signs $1.1 Billion Non-Prosecution Deal in 737 MAX Crash Case, Admits to Criminal Fraud
The Boeing 737 MAX aircraft at the Farnborough International Airshow, in Farnborough, England, on July 20, 2022. Peter Cziborra/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Boeing has signed a $1.1 billion deal with the Department of Justice (DOJ) that allows the aerospace giant to avoid criminal prosecution for deceiving federal regulators before two deadly 737 MAX crashes.

Under a final non-prosecution agreement, signed on May 29 and disclosed in a June 4 filing with the Securities and Exchange Commission, Boeing admitted to conspiring to defraud the Federal Aviation Administration (FAA) and agreed to pay nearly half a billion dollars to the families of the 346 victims of the crashes, along with additional fines and investments in safety and compliance.
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Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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