Posted by on January 10, 2025 4:26 pm
Originally From: Joe My God

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NBC News reports:

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment agreements related to sexual assault charges.

The SEC said McMahon circumvented WWE internal accounting controls and caused material misstatements in the company’s 2018 and 2021 financial statements. The SEC added that McMahon agreed to the settlement without admitting or denying its findings. He will pay a $400,000 civil penalty and reimburse WWE approximately $1,331,000.

The settlement comes as Linda McMahon, Vince McMahon’s wife and former WWE CEO, prepares for Senate confirmation hearings to become education secretary in President-elect Donald Trump’s second administration.

Read the full article. As for Mrs. McMahon, she is currently being sued for allegedly

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