Feds revoke Stag Arms Manufacturers License | Homestead Security

Feds revoke Stag Arms Manufacturers License

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23 Dec ’15 - 9:29 am

Seems he has to sell it, wonder who the new buyer will be

HARTFORD -- The owner of a local gun manufacturer has pleaded guilty to violating federal firearms laws.

The president of Stag Arms, LLC, Mark Malkowski, 37, pleaded guilty to a federal firearms charge. Per a plea agreement, Malkowski has agreed to pay a $100,000 fine, while the company will pay a $500,000 fine. Stag Arms also has to forfeit its gun manufacturing license, and Malkowski agreed to get out of the gun business and never return in an ownership or management role.

"This is not an industry where sloppiness can be tolerated," U.S. Attorney Deirdre Daly said.

In July of 2014, the ATF conducted a firearms compliance inspection of Stag’s two New Britain manufacturing facilities, including a building which houses gun-maker CMT. A 2007 inspection found record keeping violations which the company was warned to fix.

more http://fox61.com/201.....-business/

Gravel Road

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24 Dec ’15 - 5:20 pm

You and I could go into a partnership and buy it out. What'ya think?

"The universe is wider than our views of it." -HDT

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26 Dec ’15 - 9:08 am

I'll start the bidding at 100 dollars.

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18 May ’16 - 10:10 am

looks like all he got was probation

The former owner of a company that makes military-style rifles has been sentenced to probation and the company fined $500,000 for violating federal firearms laws.

Mark Malkowski was sentenced to two years of probation and personally fined $100,000 during the sentencing hearing Tuesday in federal court in Hartford.

Malkowski and the company, New Britain-based Stag Arms, had pleaded guilty to charges including possession of a machine gun not registered to the company and failure to maintain proper firearms records.

Deirdre Daly, Connecticut's U.S. Attorney, said sloppy record-keeping and a failure to comply with regulations left the company unable to account for hundreds of weapons, including fully automatic guns.

"Stag displayed a systemic and egregious disregard of federal firearms regulations," she said in a statement. "The company was unable to account for hundreds of semi-automatic rifles and possessed over 60 unregistered machine guns."

more http://abcnews.go.co.....s-39177965