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Takata to pay 1 billion in criminal penalties in airbag case
Takata pleads guilty to wire fraud and will pay 1 billion in penalties as three former executives face conspiracy and wire fraud charges for concealing defective air bag inflators. The case ties to a massive recall affecting 42 million vehicles from two automakers and ongoing repairs.
MENTIONED IN THIS ARTICLE
Takata
Detroit
U.S. Department of Justice
U.S
Barbara McQuade
Shinichi Tanaka
Hideo Nakajima
Tsuneo Chikaraishi
Tanaka
Nakajima
Automotive Systems Lab
Chikaraishi
Japan Asia
Shigehisa Takada
National Highway Traffic Safety Administration
Andrew Weissman
Justice Department
McQuaid
Autoliv
Toyota
Volkswagen
Carl Tobias
University of Richmond
George Caram Steeh
Ken Feinberg
Feinberg
General Motors
World Trade Center
Japan
NHTSA
Gulf Coast
Puerto Rico
Bill Nelson
Senate Commerce Committee
FBI