The IRS is reportedly investigating National Rifle Association CEO Wayne LaPierre for possible tax fraud.
The investigation stems from LaPierre not disclosing income that came in the form of free private jet rides or safaris that could be taxable, according to the Wall Street Journal.
The news comes months after New York Attorney General Letitia James in August sued LaPierre and three other NRA officials for engaging in financial misconduct in regard to their organization.
The summons by James states, in part, that the individuals “persistently engaged in illegal and unauthorized activities in the conduct and transaction of its business.” When James announced her lawsuit, she said that she would be referring the matter to the IRS.
The NRA incurred more than $64 million in losses over three years because of the individuals’ actions, NBC News reported in August.
The NRA said it didn’t have information about an IRS investigation involving LaPierre.
“The NRA is not aware of any IRS inquiry but, of course, will fully cooperate with any appropriate requests for assistance,” said William Brewer, outside counsel to the NRA. “The NRA is committed to good governance. The Association’s tax filings are audited, it complies with all applicable regulations, and the Board has an independent Audit Committee.”
