Volkswagen Pleads Guilty in Emissions Scandal, Coughs Up $4.3 Billion

Volkswagen agreed to enter a guilty plea to three criminal felony counts and pay a whopping $4.3 billion in penalties.

“As you all know we cannot put companies in jail, but we can hold their employees personally accountable and we can force companies to pay hefty fines,” said FBI Deputy Director Andrew McCabe.

All of the accused employees have ties to Volkswagen’s engine development and quality assurance divisions, both in the U.S. and Germany. They directed employees to develop and install technology to evade emissions testing, then falsely marketed the car engines as “clean diesel,” according to the DOJ.

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