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Excerpt from www.rawstory.com
A political action committee for a ubiquitous home improvement company is doing some financial renovations in the wake of fraud, according to a new financial filing.
The Home Depot Inc., PAC reported to the Federal Election Commission that it experienced theft of $7,500 in December due to an “erroneous bank debit.”
“The PAC has taken action to prevent this from happening in the future by closing that bank account and opening a new account,” said a report to FEC from May 8. “In addition, the PAC is using positive pay through the bank to prevent any future occurrences.”
The $7,500 charge was “fraudulent activity on the bank account and has been reversed,” the report said.