The California Fair Political Practices Commission is planning a meeting Friday, Sept. 30 to discuss campaign finance fraud.
The discussion comes in response to allegations against Kinde Durkee, a campaign treasurer who controlled the accounts of hundreds of Democrats. After her arrest earlier this month, federal prosecutors charged her with mail fraud in connection with hundreds of thousands of dollars missing from campaign accounts.
Michael Spindler is a forensic accountant at Navigant, a global consulting firm. Spindler told KPCC’s Larry Mantle that embezzlement affects all kinds of organizations.
“It’s a fairly significant problem. It’s fairly easy to do. The Association of Certified Fraud Examiners will tell you that the average organization loses about five percent of their revenue annually to fraud,” he said.
During the Friday meeting, members of the commission are expected to determine whether they can waive campaign contribution limits to help Durkee’s alleged victims replenish their treasuries.
The former treasurer is free on a $200,000 bond.