@NPR — New York Attorney General Moves To Dissolve The #NRA After #Fraud Investigation

(NPR) — Attorney General Letitia James alleges in a lawsuit that top NRA executives:

• misused charitable funds for personal gain
• awarded contracts to friends and family
• provided contracts to former employees to ensure loyalty.

New York's attorney general announced civil action to dissolve the National Rifle Association after an investigation found millions of dollars in alleged fraud by CEO Wayne LaPierre and others.

Attorney General Letitia James claims in a lawsuit filed Thursday that she found financial misconduct in the millions of dollars and that it contributed to a loss of more than $64 million over a three-year period.

The suit alleges that top NRA executives misused charitable funds for personal gain, awarded contracts to friends and family members, and provided contracts to former employees to ensure loyalty.

Seeking to dissolve the NRA is the most aggressive sanction James could have sought against the not-for-profit organization, which James has jurisdiction over because it is registered in New York. James has a wide range of authorities relating to nonprofits in the state, including the authority to force organizations to cease operations or dissolve. The NRA is all but certain to contest it.

Source: NPR, full story

 

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