Loading...
Market
What will be the outcome of Boeing's three-year probation period?
3
Resolution / Starting Odds
Successful completion • 25%
Additional sanctions imposed • 25%
Probation extended • 25%
Other • 25%
Official announcements from the US Department of Justice and Boeing
Story
Boeing to Plead Guilty to Fraud Over 737 MAX Crashes, Faces $487.2M Fine, 346 Deaths
Jul 8, 2024, 05:02 AM
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge related to two deadly 737 MAX crashes that occurred in Indonesia and Ethiopia in 2018 and 2019, resulting in the deaths of 346 people. The plea deal, which must be approved by a federal judge, will see Boeing pay a fine of $243.6 million. Additionally, Boeing will face a criminal fine of up to $487.2 million, install a corporate monitor, spend $455 million on compliance and safety, and undergo three years of probation. The agreement allows Boeing to avoid a criminal trial and resolve the US Department of Justice investigation into the crashes, which included misleading the FAA.
View original story
Similar markets
Guilty plea with fine • 33%
Guilty plea without fine • 33%
Trial and verdict • 33%
Yes • 50%
No • 50%
Plea deal upheld • 25%
Plea deal modified • 25%
Plea deal overturned • 25%
Other outcome • 25%
Yes • 50%
No • 50%
No further action • 25%
Additional fines • 25%
Criminal prosecution • 25%
Compliance monitor changes • 25%
Significantly improved • 25%
Slightly improved • 25%
No change • 25%
Worsened • 25%
No action taken • 33%
Deferred prosecution deal • 33%
Criminal charges filed • 33%
Plea agreement reached • 25%
Case goes to trial • 25%
Case dismissed • 25%
Other resolution • 25%
Yes • 50%
No • 50%
New plea deal accepted • 25%
Boeing found guilty in trial • 25%
Case dismissed • 25%
Other outcome • 25%