Ex-techno DJ jailed for global aircraft engine fraud
Financial Times • • general
Key Points:
- Jose Alejandro Zamora Yrala was sentenced to four years and eight months in prison for orchestrating a fraud scheme involving the sale of forged critical aircraft engine components, causing at least £39 million in losses to the global aviation industry.
- Zamora’s company, AOG Technics, sold about £6.9 million worth of forged engine parts over four and a half years, with approximately 60,000 suspect components entering the global supply chain, primarily affecting CFM56 engines used in older Boeing 737s and Airbus A320s.
- The fraud exposed significant vulnerabilities in the aerospace industry's regulatory framework, leading to the grounding of planes worldwide and financial losses for major airlines, including a £23 million loss for American Airlines due to unapproved
