Nevada Gun Training Center Files for Bankruptcy After Financing Goes Awry (May 25, 2022)

Front Sight Firearms Training Institute has filed for bankruptcy protection to stave off foreclosure after a dispute over funding through an immigration investment program.

The Pahrump, Nev., business, which has more than 260,000 members, sought chapter 11 protection from creditors Tuesday in the U.S. Bankruptcy Court in Las Vegas, listing total debt of roughly $20 million.

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Source: Becky Yerak, The Wall Street Journal