GOP treasurer pleads guilty to theft

From the Washington Post via DrudgeRetort:

Ex-treasurer of GOP congressional committee admits embezzling more than $844,000

By Spencer S. Hsu and Maria Glod
Washington Post Staff Writers
Friday, September 3, 2010; 6:12 PM

A former treasurer of the National Republican Congressional Committee admitted in court Friday that he stole more than $844,000 from the NRCC and several other political fundraising committees.

Christopher J. Ward, 41, formerly of Bethesda, pleaded guilty in federal court in the District to interstate transportation of stolen property. Under the plea agreement, prosecutors will seek a 37-month prison term and Ward will have to pay back his victims.

Ward, once a trusted figure in Republican circles who had served as treasurer for 83 GOP committees in a decade, funneled the money from committee coffers over seven years, according to the plea agreement. Some of the cash went to mortgage payments and remodeling and landscaping at his Bethesda home, authorities said in court documents filed in 2008.