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In a letter filed Tuesday in federal court in Texas, Glenn Leon, head of the Justice Department criminal division's fraud section, said Boeing violated terms of the settlement by failing to make ...
The Justice Department submitted an agreement with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading U.S. regulators who approved the 737 Max ...
Boeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes, a decision that brands the U.S. aerospace giant a felon but allows it to avoid a trial while it tries to turn ...
Boeing will pay another fine, bringing the total to $487.2 million, which the Justice Department says is the legal maximum for the fraud charge. The deal also requires the company to invest at ...
Fair Funds were established by the Sarbanes–Oxley Act of 2002 (SOX), specifically 15 U.S.C. § 7246(a) (the "Fair Fund Provision"). [1]Prior to Sarbanes–Oxley, civil penalties obtained by the SEC based on actions under the securities laws were paid to the United States Treasury, and were not distributed by the SEC to investors who were injured by the securities fraud. [2]
The oldest reference to the origin of scam letters could be found at the Spanish Prisoner scam. [1] This scam dates back to the 1580s, where the fictitious prisoner would promise to share non-existent treasure with the person who would send him money to bribe the guards.
The National Legal and Policy Center (NLPC) is a conservative 501(c)(3) non-profit group that monitors and reports on the ethics of public officials, supporters of liberal causes, and labor unions in the United States.
Two Boeing 737 Max jets crashed in 2018 and 2019 due to faulty software installed on the jets, killing 346 people. ... The deal involved Boeing pleading guilty to fraud and paying a $243.6 million ...
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