« EAC's Inspector General clears commission of "politics" on the Voter I.D. study | Main | 9th Circuit: vote-swapping is legal »

NRCC treasurer may have faked the books to steal

The New York Times reports: The former treasurer of a Republican Congressional fund-raising committee may have stolen hundreds of thousands of dollars by submitting elaborately forged audit reports for five years using the letterhead of a legitimate auditing firm, a lawyer for the committee said Thursday.

Robert K. Kelner, a lawyer with Covington & Burling, who was brought in by the National Republican Congressional Committee to investigate accounting irregularities, said a new audit showed that the committee had $740,000 less on hand than it believed. Mr. Kelner said it was unclear whether that amount represented money siphoned off by the former treasurer, Christopher J. Ward.

Mr. Ward, who is under investigation by the Federal Bureau of Investigation, had the authority to make transfers of committee money on his own, Mr. Kelner said.

He said an investigation with the help of PricewaterhouseCoopers had “found a pattern in which Mr. Ward would transfer funds by wire out of the N.R.C.C. to outside committees.” From those outside committees, Mr. Kelner said, money was then transferred to “personal and business accounts of Mr. Ward.” -- Sham Audits May Have Hid Theft by G.O.P. Committee Treasurer, Lawyer Says - New York Times

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)