Ex-NRA CFO Wilson Phillips Receives 10-Year Ban from Nonprofit Financial Roles

Phillips must pay $2 million in damages for facilitating lavish spending by NRA's former chief executive.

Wilson Phillips is prohibited from managing funds for any nonprofit in New York for a decade.
He owes $2 million to the NRA for his role in concealing and enabling extravagant expenditures.
The settlement spares Phillips from participating in the upcoming trial phase against NRA executives.
The trial revealed extensive financial mismanagement and corruption within the NRA's leadership.
New York Attorney General aims to appoint an independent monitor to oversee the NRA's charitable assets.