NRA lawsuit: NY attorney general accuses Wayne LaPierre, other execs of $64M fraud scheme

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NRA lawsuit: NY attorney general accuses Wayne LaPierre, other execs of $64M fraud scheme
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The NRA, which boasts more than five million members, has faced financial and leadership turmoil in recent years. Now, it's facing a lawsuit.

The leaders of the powerful National Rifle Association were accused Thursday of participating in massive fraud that skimmed at least $64 million from the gun rights group to finance lavish lifestyles featuring private jet travel to exclusive resorts, according to a lawsuit brought by New York Attorney General Letitia James, who seeks to shut down the organization.

James accused the NRA leaders of wasteful, unchecked spending that transformed a $27.8 million surplus in 2015 to a $36.3 million net deficit in 2018.The NRA, which quickly filed a countersuit against the attorney general, cast her action as a politically motivated,"premeditated attack on our organization and the Second Amendment freedoms it fights to defend."

As the James lawsuit was announced, President Donald Trump's photo and the NRA's endorsement of the president's reelection was prominently featured on the group's website. •Former treasurer and CFO Wilson"Woody" Phillips allegedly set up a $1.8 million consulting deal for himself just before his retirement and oversaw an arrangement in which Ackerman McQueen, an advertising and public relations firm, paid for NRA leaders' entertainment and travel costs before billing the organization. That arrangement is the subject of a separate legal dispute.

James seeks to dissolve the group and have the four NRA leaders pay full restitution and penalties, including their salaries earned while employees of the association. She also seeks a court order barring the leaders from serving on any New York-based charitable boards.

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