Boeing Charged in 737 Max Fraud Conspiracy, pays 2.5 billion.

[thekingsmen]

Now they might as well add the Indonesian flight that went down this week to this list...

Boeing Charged with 737 Max Fraud Conspiracy and Agrees to Pay over $2.5 Billion

The Boeing Company (Boeing) has entered into an agreement with the Department of Justice to resolve a criminal charge related to a conspiracy to defraud the Federal Aviation Administration’s Aircraft Evaluation Group (FAA AEG) in connection with the FAA AEG’s evaluation of Boeing’s 737 MAX airplane.

Boeing, a U.S.-based multinational corporation that designs, manufactures, and sells commercial airplanes to airlines worldwide, entered into a deferred prosecution agreement (DPA) in connection with a criminal information filed today in the Northern District of Texas. The criminal information charges the company with one count of conspiracy to defraud the United States. Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.

 

[aXiom]

They got off light.. and while I don't expect the government to go extra hard at BA as they're basically an arm of government at this point.. all these companies that get slaps on the wrist for fukking up people's lives while they make insane amounts money need to start giving back 90+% of the profits they made during these schemes. If they can cheat and get away with minor penalties while raking in huge profits, it then becomes an operating expense as the risks/penalties are already calculated. This only encourages these companies to keep doing shady shyt and leaving citizens to deal with the fallout from the mess they created.

 

[thekingsmen]

They got off light..

They continue to make the 737 costing people lives and they pay fines...yeah they got off light.

 

[BaggerofTea]

Sounds like the Beoing execs should be seeing stiff jail sentences.

They subverted FAA regulations with intent knowing that is endangering people's lives.

Murder for money. light indeed

 

[DropTopDoc]

The criminals telling the criminals they got caught lacking

 

[Paper Boi]

2.5 billy aint shyt when you stay getting bailed out lol

 

[thekingsmen]

Sounds like the Beoing execs should be seeing stiff jail sentences.

They subverted FAA regulations with intent knowing that is endangering people's lives.

Murder for money. light indeed

If regular people did this, they would be charged for murder and put under the jail.

 

[BaggerofTea]

If regular people did this, they would be charged for murder and put under the jail.

This is what makes this current system so disgusting. Justice in word only meant as a tool of control.

 

[Sonic Boom of the South]

You really can't trust anyone, any company, the govt, nothing

 

[Lord Beasley]

Them Max's really are making it unsafe to fly. Boeing better watch out or risk a hellafied lawsuit that will bankrupt the company (Airbus is better anyways)

these MFS have been incompetent for a while, I remember when they tried to sell the military a certified dud during the JSF competition F-35 is still largely duuduu, but that Boeing X-32 was ugly and didn't meet intent. Boeing needs an overhaul, or needs to go away

 

[Amestafuu (Emeritus)]

Them Max's really are making it unsafe to fly. Boeing better watch out or risk a hellafied lawsuit that will bankrupt the company (Airbus is better anyways)

these MFS have been incompetent for a while, I remember when they tried to sell the military a certified dud during the JSF competition F-35 is still largely duuduu, but that Boeing X-32 was ugly and didn't meet intent. Boeing needs an overhaul, or needs to go away

Let's not forget they tried to hide their ineptitude and use racism to shyt on the Ethiopian airlines for exposing them. Saying the pilots were the problem. Questioning the skills for being African. Demanding to get the black box before Ethiopia could review the data.

 

[MikelArteta]

Let's not forget they tried to hide their ineptitude and use racism to shyt on the Ethiopian airlines for exposing them. Saying the pilots were the problem. Questioning the skills for being African. Demanding to get the black box before Ethiopia could review the data.

i flew on that 737 max ethiopia to uganda, its smooth as hell in the sky but on takeoff and descent i was like

 

[MikelArteta]

Them Max's really are making it unsafe to fly. Boeing better watch out or risk a hellafied lawsuit that will bankrupt the company (Airbus is better anyways)

these MFS have been incompetent for a while, I remember when they tried to sell the military a certified dud during the JSF competition F-35 is still largely duuduu, but that Boeing X-32 was ugly and didn't meet intent. Boeing needs an overhaul, or needs to go away

airbus da gawd

 

[ORDER_66]

Boeing needs to get put outta business military needs to pull all their contracts