James announced the gun rights organization's former CFO will be banned for 10 years from working for New York non-for-profits.
New York Attorney General Letitia James celebrated a legal victory over a former chief financial officer for the National Rifle Association on Tuesday.James, a Democrat, announced that her office reached a settlement with the organization's ex-CFO, Wilson Phillips. that will see him banned from serving as a fiduciary of any not-for-profits in New York for 10 years and require training before he is allowed to return to such a role.
'For decades, Wilson Phillips oversaw and allowed financial mismanagement and corruption at the NRA, and that is why the jury found him, the NRA, and his co-defendants, senior executives Wayne LaPierre and John Frazer, liable for their misconduct.'Today's agreement should serve as an example that my office will hold anyone, and everyone, involved in abusing their power or misappropriating funds accountable.
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