The SEC announced Friday that it settled charges against Vince McMahon, former CEO of WWE, that he made personal payments that “circumvented WWE's system of internal accounting controls” and caused material misstatements in the company’s 2018 and 2021 financial statements McMahon consented to the entry of the SEC's order finding that he violated the Securities

Vince McMahon agreed to pay $1.7 million to settle Securities and Exchange Commission charges over settlements he made on behalf of himself and World Wrestling Entertainment without properly disclosing them to the company’s board of directors,