|
WASHINGTON (AP) - The committee in charge of running House Republican campaigns said Thursday that a former treasurer "deceived and betrayed" the group, which is missing hundreds of thousands of dollars — and possibly more — due to fraudulent acts conducted over the past several years.
The National Republican Congressional Committee told federal authorities that it overstated the amount of cash it held at the end of 2006 by nearly $1 million. A year later, the committee's annual report to the Federal Election Commission — which again was handled by the ex-treasurer — overstated the actual funds on hand by $740,000.
Republican officials said the former employee, Chris Ward, apparently "made several hundred thousand dollars in unauthorized transfers of NRCC funds to outside committees whose bank accounts he had access to" over several years. Most, if not all, of the smaller accounts were associated with GOP candidates or groups.
|