Boeing to Plead Guilty to Criminal Fraud Charges in 737 Max Crashes

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a US Justice Department investigation into two 737 MAX fatal crashes, the government said in a court filing on Sunday.

The charge and plea deal described by US prosecutors in a court document Sunday relates to actions taken by Boeing to mislead FAA regulators before two 737 MAX fatal crashes at the end of last decade.

Boeing will have to pay fines of up to $487.2 million, although a judge will rule on the final amount. The Justice Department asked that Boeing be credited for fines already paid, which means the new amount could be $243.6 million.