New York Sues to Dissolve NRA, Claiming Massive Financial Fraud
Date: 2020-08-06 16:07:33
New York is seeking to dissolve the National Rifle Association as the state attorney general accused the gun rights group and four senior officials of engaging in a massive fraud against donors.
A sprawling lawsuit filed Thursday in state court in Manhattan alleges the NRA diverted charitable donations for years to enrich the organization’s top executives in violation of laws governing nonprofits, New York Attorney General Letitia James said in a statement. The state is also demanding millions of dollars in restitution and penalties.
The case may pose one of the biggest legal threats the NRA has faced since its founding in New York in 1871. The turmoil began with a power struggle last year between former NRA president Oliver North and longtime leader Wayne LaPierre, which led to allegations of self dealing. A subsequent state probe found wrongdoing blamed for more than $64 million in losses in the last three years alone, James said.
New York Attorney General James laid out the ways NRA leaders “abused their power and illegally diverted or facilitated the diversion of tens of millions of dollars” and then outlined the actions the state will take against the gun rights advocacy organization.
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