Tag

Financial Irregularities

All articles tagged with #financial irregularities

legalpolitical2 years ago•3 min saved

"NRA Leadership Under Fire: Misconduct Allegations and Charitable Fund Misuse"

Oliver North testified that he was forced out of the NRA after raising allegations of financial irregularities and seeking an independent review of expenses, including a large sum spent on lawyers by CEO Wayne LaPierre. North's testimony is part of a civil corruption trial brought by New York Attorney General Letitia James, who seeks financial penalties and to bar LaPierre from holding future positions within the organization. The trial also involves allegations of extravagant spending on private jet flights, yacht trips, and African safaris at the expense of the gun rights group.

via The Associated Press|

#corruption-trial #financial-irregularities #legalpolitical

sports2 years ago•2 min saved

Washington Commanders Settle with D.C. Attorney General Over Ticket Deposits.

The Commanders will pay over $625,000 to settle claims that the team failed to properly refund security deposits paid by residents of the District of Columbia. The settlement includes reimbursement and restitution, attorneys’ fees, legal costs, and contributions to the D.C. litigation support fund. The team denies all allegations, but the D.C. attorney general alleges that the team deceptively kept many of these security deposits for years after fans’ contracts expired, improperly using the security deposits for its own purposes. The issue of security deposits not refunded by the team came to light during the Congressional investigation of the team, along with allegations of other financial irregularities.

via NBC Sports|

#commanders #dc-attorney-general #financial-irregularities

sports2 years ago•4 min saved

"NFL investigation uncovers financial concerns for Dan Snyder and Washington Commanders"

The investigation into Dan Snyder and the Washington Commanders by Mary Jo White has revealed more financial irregularities, including a $55 million line of credit taken out without the knowledge or approval of his former minority partners, and a $450 million loan to buy out those same partners. White is examining whether Snyder used any of the NFL-backed loans in violation of guidelines. Snyder is also facing a federal criminal investigation and allegations of leaking confidential information. The Washington Commanders are expected to be sold, but Snyder's demand for indemnification from potential lawsuits and settlements is a hangup in the process.

via Hogs Haven|

#dan-snyder #financial-irregularities #mary-jo-white