Boeing pleads guilty in false sales reporting

The Boeing Company pleaded guilty to charges it failed to disclose $7.3 million in commissions from jet sales to airlines in Spain, Lebanon, Honduras, and the Dominican Republic.

The Justice Department said that for 10 years Boeing filed loan documents with the US Export-Import Bank which falsely certified commissions to sales agents. Boeing paid a $400,000 fine Wednesday.

You've read  of  free articles. Subscribe to continue.
QR Code to Boeing pleads guilty in false sales reporting
Read this article in
https://www.csmonitor.com/1982/0701/070118.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe