The NRA is a con

Discussion in 'Politics' started by UsualName, Aug 7, 2020.

  1. %%
    Besides that/in almost all markets a police trade pistol would be wise investment.[Maybe not in DC, CA.....]
    Glad to see the NRA leave for TX......................................................................................
    I asked a business friend of mine, he taught business @ college level most of his life. DOES Pres Obama/Biden know they are helping the gun companies/ ammo companies make a fortune , when they run thier mouth ?? He laughed/the gov is not smart enough to know they are helping the guns + ammo co/NRA/NRA-ILA by doing that .LOL:caution::caution::caution::caution::caution::caution::caution: God bless NRA+ mr Bidens Delaware business connections...............................................
     
    #71     Jan 15, 2021
  2. UsualName

    UsualName

    5728DD2A-178D-49FE-A872-C62F559C85DB.jpeg
     
    #72     Jan 15, 2021
    BKR88 likes this.
  3. gwb-trading

    gwb-trading

    Disgruntled NRA Donors Push to Oust LaPierre
    Class-action plaintiff David Dell'Aquila says he will ask for a bankruptcy trustee to run the gun group
    https://freebeacon.com/guns/disgruntled-nra-donors-move-to-oust-lapierre/

    Disgruntled NRA donors will petition a bankruptcy court to purge the group's leadership.

    David Dell'Aquila, who is leading a class-action suit over accusations of financial impropriety, told the Washington Free Beacon he will request a court-appointed trustee to temporarily oversee operations.

    "We're going to definitely do a motion for a trustee," Dell'Aquila said. "I would not be surprised if the majority of the other creditors don't join or do a similar thing."

    The NRA filed for bankruptcy in January in a bid to relocate from New York—which is trying to dissolve the group—to Texas. Officials say that the NRA is financially solvent and the court filings are meant to ease the move. The bankruptcy, however, is not without risks. The court could appoint a trustee with the power to displace the current board and leadership of the NRA, including longtime CEO Wayne LaPierre. The court-appointed official would enjoy broad power during bankruptcy proceedings. He would be required to act in the best interests of the group's creditors and could pursue claims that NRA leaders misused millions of dollars of the group's money on their own personal expenses.

    "It's in everybody's best interest to get a trustee in there, certainly from the creditors' point of view, and, I would argue, even for the five million members because every dime that they waste in frivolous litigation is a dime less that could go to the core mission," Dell'Aquila said.

    The group's top lawyer, William Brewer, dismissed the idea of a bankruptcy trustee in January. He said the NRA has responded to accusations of improper spending by filing suit against a top vendor. It has also required leaders such as LaPierre to pay back hundreds of thousands of dollars stemming from reimbursements.

    Dell'Aquila, who has given six-figures to the group in the past, was placed on the unsecured creditors' committee on Thursday by the bankruptcy court. Brewer said the NRA would fully cooperate with the court and the committee despite being unhappy with Dell'Aquila's appointment.

    "The NRA is disappointed that a disgruntled individual who has filed frivolous claims against the Association is appointed to the committee," Brewer told the Free Beacon.

    Dell'Aquila sees the attempt to move from New York to Texas as a "fraudulent" scheme designed to dodge accountability for tens-of-millions spent on luxury suits, private flights, and lavish vacations for NRA executives and their family members.

    "The NRA is saying we cleaned up our act. You haven't cleaned up your act," Dell'Aquila said. "You can't say, ‘Well, Wayne [LaPierre] paid back some money and that's been resolved and it ain'tgonna be an issue.' They say the board has done their job and due diligencethe board hasn't."

    Dell'Aquila's suit, filed on behalf of any NRA members defrauded by the claimed impropriety, faced a setback in 2020 when a judge dismissed some of its claims. Elliott Schuchardt, Dell'Aquila's lawyer, said the remaining claim against the NRA is worth $64 million—potentially making them the largest of the group's creditors. That status could bolster the plaintiffs' demands for a trustee.

    "We think there's enough evidence of fraud here that we can make a good faith argument to the bankruptcy court judge that somebody else should be running the NRA," Schuchardt said.
     
    #73     Feb 7, 2021
  4. gwb-trading

    gwb-trading

     
    #74     Apr 6, 2021
  5. Cuddles

    Cuddles

     
    #75     Apr 9, 2021
  6. gwb-trading

    gwb-trading

    U.S. judge tosses NRA bankruptcy bid, letting New York seek dissolution
    https://finance.yahoo.com/news/u-bankruptcy-judge-rejects-nra-193501075.html

    (Reuters) -A federal judge in Dallas ruled on Tuesday that the National Rifle Association cannot use bankruptcy to reorganize in gun-friendly Texas, a serious blow to the gun rights group's effort to avoid a lawsuit in New York seeking its dissolution.

    U.S. Bankruptcy Judge Harlin Hale said the NRA did not file for Chapter 11 in good faith, but instead filed to avoid oversight by New York Attorney General Letitia James and gain an "unfair litigation advantage" over her.

    James sued to shut down the NRA in August, accusing it of diverting millions of dollars to fund luxuries for officials including longtime Chief Executive Wayne LaPierre, no-show contracts for associates and other questionable expenses.

    Closely aligned with Republicans including former President Donald Trump, the NRA has long been instrumental in thwarting Democratic-backed gun control measures in the U.S. Congress.

    Ruling after a 12-day trial that ended on May 3, Hale said some details that came out about the NRA were "cringeworthy."

    He singled out LaPierre for criticism, including the "surreptitious manner" he used to obtain sole authority to put the NRA into bankruptcy in January.

    "Excluding so many people from the process of deciding to file for bankruptcy, including the vast majority of the board of directors, the chief financial officer and the general counsel, is nothing less than shocking," Hale wrote.

    "The question the court is faced with is whether the existential threat facing the NRA is the type of threat that the Bankruptcy Code is meant to protect against," Hale added. "The court believes it is not."

    In a statement, LaPierre acknowledged defeat and appeared resigned to defending against James' lawsuit.

    "We remain an independent organization that can chart its own course, even as we remain in New York to confront our adversaries," he said. "The NRA will keep fighting, as we've done for 150 years."

    LaPierre and the NRA have denied wrongdoing.

    James welcomed Hale's decision. "The rot runs deep, which is why we will now refocus on and continue our case in New York court," she said. "No one is above the law, not even one of the most powerful lobbying organizations in the country."

    Hale's dismissal is without prejudice, meaning the NRA can file for bankruptcy again, but the judge said management issues could require appointing a trustee to oversee its affairs if it sought Chapter 11 again.

    'DIRTY LAUNDRY'

    The NRA hoped to use Chapter 11 to reincorporate in Republican-dominated Texas and escape what it called a corrupt political and regulatory environment in New York, where it was founded in 1871.

    LaPierre testified that he feared James would try to put the NRA into receivership.

    He said that made bankruptcy preferable, though the group could fully pay its debts if the Chapter 11 case were dismissed.

    Internal upheaval has also plagued the NRA in recent years, including an effort to oust LaPierre over alleged mismanagement.

    "The NRA was forced to hang its dirty laundry out for the world to see," said John Feinblatt, president of Everytown for Gun Safety, which supports stricter gun control laws. "Their loss is a huge gain for the gun safety movement."

    President Joe Biden's administration opposed the bankruptcy, with the Department of Justice's bankruptcy watchdog, the U.S. Trustee, urging its dismissal.

    Biden has called gun violence "a national embarrassment" following a spate of mass shootings, and called for Congress to ban military-style assault weapons and large-capacity magazines.

    The NRA is separately backing a challenge to a New York law restricting the carrying of concealed handguns outside the home.

    Last month, the U.S. Supreme Court agreed to review that law, potentially leading to its first major decision in more than a decade on the right to bear arms under the U.S. Constitution's Second Amendment.
     
    #76     May 11, 2021
    UsualName likes this.
  7. gwb-trading

    gwb-trading

    #77     Aug 24, 2021
  8. gwb-trading

    gwb-trading

    Ransomware gang claims attack on NRA
    https://therecord.media/ransomware-gang-claims-attack-on-nra/

    The operators of the Grief ransomware have listed today the US National Rifle Association (NRA) as a victim of one of their attacks.

    The organization’s name was listed on a dark web portal, often called a “leak site,” where the Grief gang typically lists companies they infected and which haven’t paid their ransom demands.

    Several NRA representatives were not immediately available for comment via the phone. An email request for comment was also not returned prior to this article’s publication.

    It remains unclear if the Grief gang hit one of the NRA’s smaller branches or if the attack hit the organization’s central network. Ransomware gangs often like to exaggerate their attacks.

    Group behind the attack is sanctioned in the US
    The incident is bound to be controversial as the operators of the Grief gang were sanctioned by the US Treasury in December 2019.

    Known as the Evil Corp, this cybercrime cartel was sanctioned for operating the Dridex malware botnet, but subsequent research later linked the group to the BitPaymer and DoppelPaymer ransomware operations.

    A July 2021 report authored by cyber-security firm Zscaler also described the Grief ransomware as a rebrand of the older DeppelPaymer ransomware, effectively linking it to EvilCorp, an opinion shared and confirmed by multiple security researchers.

    The same EvilCorp is also linked to the Phoenix and Macaw ransomware strains, with the latter being used in the attack against the Sinclair Broadcast Group earlier this month.

    According to the Treasury sanctions, any US entities are required to obtain permission from Treasury officials before making any money transfer to an entity linked to EvilCorp.
     
    #78     Oct 27, 2021
  9. Cuddles

    Cuddles

    they should go after the RNC next
     
    #79     Oct 27, 2021
  10. gwb-trading

    gwb-trading

    I don't support these ransomware extortionists attacking any organization, company or individual.
     
    #80     Oct 27, 2021