$350,000 Siphoned From Democrats' Senate Campaign Fund

[Moloch]

WASHINGTON — The Democratic Senatorial Campaign Committee recently discovered that dozens of contribution checks — some for as much as $25,000 — were diverted from its coffers to a private bank account, officials said Thursday.

The apparent theft from the committee, which raises funds to help elect Democratic senators, totaled about $350,000 and is under investigation by the FBI (news - web sites) and the U.S. attorney's office here. All but $10,000 has been recovered.

As record amounts of money from millions of donors flood the political system, more and more federal candidates and committees have found themselves victimized by campaign embezzlers in the last few years.

http://story.news.yahoo.com/news?tmpl=story&cid=2026&ncid=2026&e=4&u=/latimests/20041112/ts_latimes/350000siphonedfromdemocratssenatecampaignfund

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