Monday, September 6, 2010

Ex-RNCC Treasurer Pleads Guilty to Embezzlement

from the Maryland Daily Record

WASHINGTON — The former treasurer of the National Republican Congressional Committee has pleaded guilty to embezzling more than $840,000 from a variety of political committees, including more than $670,000 from the NRCC itself.

Christopher J. Ward of Bethesda, who has been under investigation for some time, entered the guilty plea Friday in federal court in Washington.

Ward was treasurer of the NRCC from 2003 to 2007, and in court papers he admitted that he transferred money from an account used to operate an annual fundraising dinner with then-President George W. Bush into his personal account.

Prosecutors and Ward’s lawyer have agreed to recommend a sentence of three years in prison, though the judge can impose a term of up to 10 years.

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