Chris Ward

$500K Embezzlement Settlement Gives NRCC Fundraising Edge For June

Rachel Slajda | July 22, 2010, 12:08PM

Rep. Tom Cole (R-OK), former chair of the NRCC

The National Republican Congressional Committee, which raises money to help put GOP butts in House seats, sent an email this week bragging in big red letters that it outraised its Democratic counterpart for the month of June.

The NRCC raised about $9.15 million and the Democratic Congressional Campaign Committee came in a close second with around $9.02 million. The difference: $138,000.

The thing that put the NRCC over the top? A $500,000 settlement from the NRCC's insurance company, stemming from the years-long bilking of the NRCC by its former treasurer, Chris Ward.

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