Based Underground is now a conservative news aggregator AND curated newsletter.
Boeing has agreed to plead guilty to a criminal fraud charge related to the fatal 737 Max crashes, the Justice Department announced on Sunday. This comes months after U.S. prosecutors accused the aerospace giant of violating a 2021 settlement that protected it from prosecution.
As part of the deal, Boeing will pay a $243.6 million fine. Additionally, an independent compliance monitor will oversee Boeing’s adherence to compliance standards for three years during a probationary period. The company must also invest at least $455 million in compliance and safety programs, according to a court filing by U.S. prosecutors late Sunday. This plea deal is pending approval by a federal judge.
The agreement also stipulates that Boeing’s board of directors must meet with the families of the crash victims.
Faced with the prospect of a trial or accepting the guilty plea and its terms, Boeing opted for the plea deal just as it was attempting to recover from its manufacturing and safety crises, appoint a new CEO, and acquire its fuselage maker, Spirit AeroSystems.
The guilty plea will label Boeing a felon, potentially complicating its ability to sell products to the U.S. government. Approximately 32% of Boeing’s nearly $78 billion in revenue last year came from its defense, space, and security unit.
“We can confirm that we have reached an agreement in principle on terms of a resolution with the Justice Department, subject to the memorialization and approval of specific terms,” Boeing said in a statement.
In May, the Justice Department declared that Boeing had violated the 2021 agreement. Under that deferred prosecution agreement, Boeing had agreed to pay $2.5 billion, including an initial $243.6 million criminal fine, compensation to airlines, and a $500 million fund for victims’ families.
The 2021 settlement was set to expire two days after a door panel blew out of a nearly new 737 Max 9 operated by Alaska Airlines on January 5. Although there were no serious injuries, the incident sparked a new safety crisis for Boeing.
The U.S. accused Boeing of conspiracy to defraud the government by misleading regulators about the inclusion of a flight-control system on the Max that was later implicated in two crashes—a Lion Air flight in October 2018 and an Ethiopian Airlines flight in March 2019. All 346 people on board those flights were killed.
U.S. prosecutors informed victims’ families on June 30 that they planned to seek a guilty plea from Boeing, a move family attorneys criticized as “a sweetheart deal.”
Don’t wait for a stock market crash, dedollarization, or CBDCs before securing your retirement with physical precious metals. Genesis Gold Group can help.
Paul Cassell, a lawyer for the victims’ families, stated he plans to ask the federal judge to reject the deal and “simply set the matter for a public trial, so that all the facts surrounding the case will be aired in a fair and open forum before a jury.”
Article generated from corporate media reports.
Afghan Who Plotted Election Day Terrorism Was a CIA Contractor
by Headline USA
It looks like the FBI may have entrapped a former CIA contractor in a plot to commit a terrorist attack on Election Day. The Justice Department announced this week the arrest of Nasir Ahmad Tawhedi, a 27-year-old Afghan man, alleging that he was planning an Election…
Last day for the special on long-term storage beef. Save 35% with promo code “JDR” at Prepper All-Naturals.
Genetically Modified Crops: A Growing Threat to Health and the Environment
by Olivia Cook
(Natural News)—Bioengineered foods and genetically modified organisms (GMOs) are commonly confused with each other, but they have different meanings. “Bioengineered” describes food and products that are enhanced with scientific techniques to add particular traits. In contrast, “GMOs” involve changing the genetic makeup of animals, plants or microbes in ways that…
United Nations Expands into “UN 2.0” to Turbocharge Sustainable Development Goals
by Liberty Sentinel
The United Nations (UN) has not gone rogue, argues journalist Alex Newman on American Family Radio’s show, At the Core , but they have always existed to achieve one goal: one-world government. This goal is not only un-American, but it is unbiblical. Newman and AFR host Walker Wildmon also dive…
Congressman Matt Gaetz Says Epstein Was Killed as Part of a ‘Foreign Operation’
by Modernity
Republican Congressman Matt Gaetz says sex trafficker Jeffrey Epstein was killed as part of a ‘foreign operation’, but refused to divulge which government was responsible for his death. Gaetz made the comments during an appearance on Benny Johnson’s show. In August 2019, Epstein was found unresponsive in his jail cell…
DOJ Takes Aim at Breaking Up Google
by Infowars
On Tuesday, the United States announced potential plans to request a court mandate directing Alphabet Inc to divest significant segments of its operations, including its Chrome browser and Android operating system. This move aims to dismantle what is described as an illegal monopoly held by Google in the online search…
Is Gavin Newsom Hoping that Kamala Harris Loses the Election?
by American Greatness
Two minutes of airtime during the Democrat National Convention in Chicago gave California Governor Gavin Newsom his latest opportunity to build his national stature. As part of the announcement of Kamala Harris’s clinching of the Democrat presidential nomination during a symbolic roll call of state delegates, Newsom portrayed Harris as…
Is It Time for a Nationwide Ban on Fluoridated Water?
by Natural News
Do community leaders reserve the right to mass medicate every person in their community using the water supply as a vector? What if that medicine was eventually exposed as a POISON decades later? What if that POISON was damaging the brains of children and stunting the cognitive development of the…
GOP Rep. Luna: We Need to End FEMA Migrant Spending and Boost Disaster Relief Funding
by Breitbart
On Wednesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Rep. Anna Paulina Luna (R-FL) stated that FEMA’s funding for migrants should be zeroed out at once and that while there is FEMA money for hurricane victims, we should also boost emergency relief funding “that will go directly to Americans…
Earth’s Continental Crust in America and China Is Breaking Apart
by End Times Headlines
Researchers, who have been studying the dramatic changes in the continental configurations of Earth over the past billions of years, have made a stunning observation: that the oldest continental crusts are disintegrating. According to experts, the Earth’s crust went through expansion and contraction and has transformed not only its positions…
“Line All Those Guys Up and Shoot Them”: Professor Says Men Who Don’t Support Female Candidates Should Be Massacred
by Daily Caller
(Jaryn Crouson, DCNF)—A professor at the University of Kansas (UK) told a class that men who would not vote for a female president should be lined up and shot, according to a video posted on X Wednesday. The university confirmed the professor is employed at UK and made the comment…