The Hartford Courant has the story of Stag losing its manufacturing license and its owner being forced out because of felony-sloppy record-keeping.
HARTFORD — New Britain-based Stag Arms LLC pleaded guilty Tuesday to violating federal firearms laws and as part of a plea agreement president and owner Mark Malkowski agreed to sell the company and have no further ownership or management role in a gun manufacturer.
Malkowski pleaded guilty on behalf of the company in federal court in Hartford to a felony count of possession of machine guns not registered to the company.
The Bureau of Alcohol, Tobacco, Firearms and Explosives is also revoking Stag’s federal license to manufacture firearms, although the company can continue to produce firearms while it is pursuing a sale if ATF is satisfied with its efforts to find a new owner. The new owner would have to seek a new license.
Malkowski is scheduled to plead guilty Wednesday in federal court in New Haven to a misdemeanor charge of failure to maintain firearms records. For his guilty plea, Malkowski, 37, will pay a $100,000 fine and will not be permitted to own, operate or manage a firearms company.
Scores of guns were missing, according to the ATF, and fully-automatic firearms were not registered, mis-registered or registered to other organizations. It was a mess and the company has agreed to pay $500,000 in fines as part of a plea deal.
Are we NOT dying to hear “the rest of the story?”
What the heck was going on here? Equipping small militias? Black marketing?
Aryan Brotherhood shite?
What?
Whatever happened to real reporters?
Don’t see a whole lot of difference here than with Fast and Furious, except that here it is not a government individual, so they can impose a nice fine.