Thursday, August 9, 2012

Former Security Firm Blackwater Agrees To $7.5 Million Fine

Blackwater Pays Millions In Arms Smuggling Case -- Danger Room

Depending on how you look at it, the world’s most notorious mercenary firm just got away with misleading the government about arming and training foreign governments — or the company agreed to pay millions, only to defer a potential prosecution on those charges. The firm formerly known as Blackwater has agreed to fork over $7.5 million to the Justice Department $7.5 million to avoid going to court on 17 criminal charges. It’s not exactly a bank-breaker for the company, now known as Academi LLC. Then again, the legal deal announced yesterday doesn’t get Academi entirely off the hook.

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More News On The Former Security Firm Blackwater Agreeing To A $7.5 Million Fine

Academi/Blackwater to pay $50M in fines -- UPI
Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case -- Washington Post/AP
Blackwater Successor to Pay Fine to Settle Arms Charges -- New York Times/Reuters
Blackwater admits to facts behind 17 federal charges -- Politico
'Blackwater' to pay $50M over arms-smuggling, other charges -- USA Today
Firm formerly known as Blackwater fined $7.5 million -- CBS/AP
Blackwater to pay fine to settle arms charges -- Al Jazeera
Former security firm Blackwater settles with criminal prosecutors -- Examiner
Time for Blackwater to Change Its Name Again -- The Atlantic

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