KKTV - Economy - Headlines

Company Once Known As Blackwater Settles Arms Case

Print
By: AP
Posted: Tue 5:00 PM, Aug 07, 2012

RALEIGH, N.C. (AP) -- The international security contractor formerly known as Blackwater has agreed to pay a $7.5 million fine to settle federal criminal charges related to arms smuggling and other crimes.

Documents unsealed Tuesday in a U.S. District Court in North Carolina said the company, now called Academi LLC, agreed to pay the fine as part of a deferred prosecution agreement to settle 17 violations.

The list includes possessing automatic weapons in the United States without registration, lying to federal firearms regulators about weapons provided to the king of Jordan, passing secret plans for armored personnel carriers to Sweden and Denmark and illegally shipping body armor overseas.

Federal prosecutors said it settles a long and complex case against the company, which has held billions in U.S. security contracts in Iraq and Afganistan.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus

Live Traffic Conditions


Follow Me on Pinterest

KKTV Latest Blogs

Resolution FAQ - (Stacia Naquin)

Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question:

FIT LIFE: You're Never Too Old - (Stacia Naquin)

Updated: 04/09/2013 - Admittedly, there are days that I just don’t feel like working out. But then I met Viola. And if she can make working out a priority at 99, then none of us have any excuses! Here's how she's living a FIT LIFE:

More KKTV Latest Blogs

KKTV 3100 North Nevada Colorado Springs, CO 80907 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 165351286