Panasonic To Pay $280 Million To Resolve Bribery, Fraud Charges

WASHINGTON—Panasonic Corp. of Japan and its U.S. subsidiary Panasonic Avionics Corp. (PAC) will pay $280 million to resolve Foreign Corrupt Practices Act and accounting fraud violations, the U.S. Justice Department and Securities and Exchange Commission (SEC) announced separately on April 30. The...
Bill Carey

Bill covers business aviation and advanced air mobility for Aviation Week Network. A former newspaper reporter, he has also covered the airline industry, military aviation, commercial space and uncrewed aircraft systems. He is the author of 'Enter The Drones, The FAA and UAVs in America,' published in 2016.

Bill Carey

Bill covers business aviation and advanced air mobility for Aviation Week Network. A former newspaper reporter, he has also covered the airline industry, military aviation, commercial space and uncrewed aircraft systems. He is the author of 'Enter The Drones, The FAA and UAVs in America,' published in 2016.

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