Former Jet Co. Exec Gets Probation in Teterboro Crash

He had faced up to 57 months in prison but cooperated with authorities.

A co-founder of a Florida charter jet company has been sentenced in connection with a plane crash in New Jersey.      

Andre Budhan received two years' probation and must pay restitution totaling $1 million. He had faced up to 57 months in prison but cooperated with authorities.      

Budhan had pleaded guilty to fraud conspiracy and obstruction. The Fort Lauderdale resident was one of seven employees and executives of Platinum Jet Management arrested in 2009 and charged with crimes including endangering the safety of an aircraft and lying to authorities.      

A small jet operated by Platinum crashed at Teterboro Airport in 2005, injuring 20 people.      

Prosecutors accused the company of knowingly violating safety regulations to increase profits.

Platinum's clients included celebrities such as rapper Jay-Z and Hall of Fame quarterback Joe Montana.     

Copyright AP - Associated Press
Contact Us