Bill Bolde The Ex-Saugus High School principal got arrested for a fraud scheme. What are his charges?
Bolde is the executive director of career services and management at the Master’s University. He worked as the principal of Saugus High School for 14 years and retired in 2017. Bill previously worked as a coach and teacher for 16 years.
He seems to have gotten himself in trouble as he was a subject of an ongoing exchange program investigation. Bolde turned himself in and got arrested for fraud and dissembling in a Chinese Exchange Program Scheme.
Who Is Bill Bolde?
Bill Bolde worked as a principal for Saugus High School from 2003 to 2017. He previously worked as an assistant principal for Canyon High School from 2000 to 2003.
He worked as an educator all his life and spent 15 years in the classroom and 17 years of his career as an administrator at a high school.
Bolde’s current age is 65 years.
Bill Bolde, former Saugus High School principal, was arrested and booked Saturday morning on felony charges of embezzlement and perjury. https://t.co/QpUbd8mtBE
— SignalSCV (@SCVSignal) December 12, 2021
Bill serves on the SCV Economic Development Corporation board, the Henry Mayo Hospital Foundation, the Bridge to Home program, SCV Senior Center, and Valley Industry Association (VIA).
According to his LinkedIn profile, he graduated from the University of LaVerne with a Master’s degree in Education.
The School District got informed about the investigation regarding allegations of misconduct regarding Bolde. They revealed that they fully cooperated with the law and acknowledged their effort in the case. The district did not provide additional comments at the moment.
Bill Bolde: Saugus High School Principal Arrested For Fraud
Bill Bolde was arrested for embezzlement and mendacity in a former Chinese Exchange Program Fraud Scheme on December 11, 2021.
The Chinese-language program has exchanged more than 200 students between School GaoXin, China, and Saugus High School, the USA in 14 years.
Bill allegedly turned himself in to the police. The Los Angeles County Sheriff’s Department (LASD) Fraud and Cyber Division arrested and charged Bolde around 7 a.m on December 11.
He got booked in a lieu of $45,000 bail.
What Are Bill Bolde Embezzlement Charges?
Bill Bolde got arrested on felony charges of embezzlement and perjury.
As per the reports of LASD officials, the authorities are investigating an ongoing fraud case that was linked to Bill’s embezzlement charges, as per Hometown Station.
Bill Bolde, former Saugus High School principal, was arrested on felony charges of embezzlement and perjury after being the subject of an ongoing exchange program investigation. https://t.co/1whBMYS561
— KHTS Radio (@KHTSRadio) December 12, 2021
The media has made several attempts to contact Bill for his statement, but he has not released any comment at the moment.