On Friday afternoon local time, a Guam federal district court jury found Hansen Helicopters and its CEO, John D. “Jon” Walker, guilty on all remaining 110 charged counts related to conspiracy; defrauding the FAA and the NTSB; bribery; aircraft parts fraud, causing serious bodily injury and death; falsification of aircraft registration; employing unlicensed mechanics and pilots; wire fraud; and money laundering.

Sentencing is scheduled for December 8, and a motion will be heard on Monday as to whether to remand Walker into custody. He has been free on bail since being initially charged in May 2018 and potentially faces life in prison. 

Additionally, the government is seeking forfeiture of all of Hansen’s and Walker’s assets related to what it charged is $400 million worth of fraud tied to the convictions. 

Walker purchased Hansen, based in Harmon, Guam, in 1998 after working for the company as a pilot, mechanic, and director of operations. He then grew the company to a fleet of 48 helicopters. The company provided fish spotting helicopters, mainly vintage Hughes 369/OH-6A models, along with pilots and mechanics, to tuna boats in the Western Pacific on contracts that ran $40,000 per month per helicopter, with gross receipts of over $20 million annually.

Virtually all of the profits went to Walker, who used them in part to finance his pursuit of nationally-ranked, off-road racing and acquire a fleet of eclectic personal aircraft based in Missouri, where he…