$1M Embezzled From GOP

Former committee treasurer under scrutiny
By Peter Fearon,  Newser Staff
Posted Mar 14, 2008 7:07 AM CDT
The former head of the National Republican Congressional Committee allegedly embezzled $1 million.   (Shutter Stock)
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(Newser) – One of the Republican Party's former top bureaucrats is suspected of embezzling up to $1 million from the party's campaign coffers, reports the Washington Post. The former National Republican Congressional Committee treasurer allegedly diverted money into his personal accounts for four years. The news is a tough hit for congressional Republicans in an election year.

Accountants and the FBI are investigating years of financial records to figure out exactly how much money is missing. "The evidence we have today indicated we have been deceived and betrayed for a number of years by a highly respected and trusted individual," said NRCC's chairman.