The magazine quoted the former head of the U.S. subsidiary, Paul F. Jannuzzo, as saying that Glock had “organized an elaborate scheme to both skim money from gross sales and to launder those funds through various foreign entities.” The magazine also quoted Jannuzzo, who was eventually charged by Georgia state prosecutors on racketeering charges, as alleging that “the skim is approximately $20 per firearm,” suggesting that millions of dollars has been hidden from the IRS over the years. The company insisted at the time it had been “victimized” by Jannuzzo and others and denied any wrongdoing.