The Justice Department will charge Boeing with criminal fraud.
The US Department of Justice believes that Boeing should pay a fine.
Boeing has until the end of the week to decide whether to plead guilty to the charges, Bloomberg writes.
The agency made the announcement at a meeting with families of victims of two 737 Max crashes.
The US Department of Justice will charge Boeing with criminal fraud.
The airline faces a choice: plead guilty or risk facing trial.
Boeing therefore has until the end of the week to decide whether to plead guilty.
In addition, Boeing will have to pay a criminal fine of $243.6 million, on top of the $243.6 million it already paid.
A guilty plea to criminal charges would have serious implications for Boeing and future government contracts.
Earlier in the US, a mechanic was fired after complaining about improper assembly of Boeing aircraft .