Рейтинг@Mail.ru
USD
391.81
EUR
422.41
RUB
4.6907
GEL
141.32
Thursday, March 27, 2025
weather in
Yerevan
+18

General Motors investigated for wire fraud

10.06.2015, 12:02
General Motors may face wire-fraud charges in connection with its failure to fix faulty ignition switches blamed for more than 100 deaths, a report says, according to USA Today.
General Motors investigated for wire fraud
YEREVAN, June 10. /ARKA/. General Motors may face wire-fraud charges in connection with its failure to fix faulty ignition switches blamed for more than 100 deaths, a report says, according to USA Today.

U.S. Justice Department attorneys in New York are considering criminal charges against the Detroit-based automaker, according to a Wall Street Journal report.

The New York Times previously reported that federal prosecutors had discovered criminal conduct at GM in their investigation.

A GM spokesman declined to comment. The company has repeatedly said it is cooperating with the Justice Department investigation.

Bob Hilliard, a Texas attorney representing victims of the GM defect, welcomed the prospect of criminal charges.

"Unless and until GM employees face jail time, and GM faces a loss of all of its profits, there will always be an attitude that 'customers are expendable, profits are not,'" Hilliard said in a statement. –0-