Former Hansen Helicopters CEO John D. Walker, 60, today was sentenced by federal judge Frances Tydingco-Gatewood to 33 years and nine months of confinement, meaning he likely will spend the rest of his life in federal prison. Walker was convicted of multiple counts of aircraft parts fraud, bribery, money laundering, and employing unlicensed pilots and mechanics by a jury in the Guam District Court in 2022 after an eight-month trial and has been in custody since. He will be credited for time served.
He was also fined $250,000 and ordered to serve three years of supervised release and to forfeit all assets connected to the crimes. The government estimated this amount at $400 million, but used Hansen’s net sales over decades to calculate the amount. The actual value of his assets is around $58 million, according to court documents, including thousands of acres of Missouri farmland and a large collection of personal aircraft.
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