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Former CEO of Houston Flight Management Company Pleads Guilty to Falsifying Logbook Entry

Summary

On August 4, in U.S. District Court, Houston, Texas, William M. Sexton, former CEO and chief mechanic for B&C Flight Management pled guilty to a one–count information charging that in April 2004, Mr. Sexton made a false logbook entry regarding the installation of a static defect correction module in a Gates Learjet 25B. Our investigation of Mr. Sexton disclosed that between January 1998 and August 2004, Mr. Sexton was responsible for falsifying engine logbooks and other maintenance records by misrepresenting aircraft hours, inspection, and repairs. Mr. Sexton did this in order to deceive the Federal Aviation Administration (FAA) and to avoid costly required maintenance. Sentencing is scheduled for November 10, 2008. This was a joint investigation with FAA and the U.S. Immigration and Customs Enforcement.