‘Glock vs Glock: RICO allegations’ comes to a close

By Daniel Terrill

Helga Glock, center left, with her and Gaston’s grown children beside a framed picture of a pope. (Photo: Glock family via Bloomberg)
The civil racketeering case against Glock founder Gaston Glock has come to a close after more than two years tied up in an Atlanta federal court.
According to the court opinion, U.S. District Judge Thomas Thrash dismissed the lawsuit last week citing a lack of standing to assert federal and state claims involving the Racketeer Influenced and Corrupt Organizations Act.
Glock’s ex-wife Helga Glock filed the $500 million lawsuit in October 2014. The 350-page complaint raised allegations that Gaston Glock committed a series of crimes that included fraud and money laundering to avoid paying taxes and to hide assets from his family.
Helga Glock’s lawsuit argued she was entitled to a share of the company because she founded it with her husband in 1963 and helped grow it from a curtain rod business and into a successful international gun manufacturer. Then in 2011, after nearly 50 years of marriage, Gaston Glock divorced her for a younger woman and cut her and their grown children out of the business. The lawsuit alleged he began hiding assets in the mid 1980s.
According to court documents, the handgun

Source: Guns.com