The National Republican Congressional Committee announced Friday it has alerted the FBI of possible fraud in its bookkeeping. In a statement, NRCC Chairman Tom Cole (Okla.) said: "As part of our ongoing efforts to institute and strengthen financial controls at the National Republican Congressional Committee, we learned earlier this week of irregularities in our financial audit process. Since these irregularities may include fraud, we have notified the appropriate law enforcement authorities. We are aggressively and thoroughly investigating the matter and, while we determine the details, we have terminated our relationship with a former employee who was engaged as an outside vendor." The NRCC is the primary campaign fundraising group working to elect Republicans to seats in the U.S. House of Representatives. The Politico newspaper reported the possible fraud may involve "a former vendor [which] engaged in fraudulent activity with regard to the committee’s financial audit process." The NRCC spokesperson declined to comment further on this story. Click Here for Full Blotter Coverage.