The former Saugus High School principal and executive director of career services, Bill Bolde has been arrested for a fraud scheme, as per the sources. According to the reports, the Los Angeles County Sheriff’s Department Fraud and Cyber Division arrested and booked Bill Bolde on the charges of embezzlement and perjury.
Recently, he is an executive director of career services and management at the Master’s University. He served as a principal of Saugus High School for 14 years and retired as a principal from the school in 2017. Not only this but he has also worked as a coach and teacher for around 16 years.
He was arrested in the morning of the Saturday on felony charges of embezzlement and lying under oath. As per the Santa Clarita Valley Sheriff’s Station Sgt., Jameson said that Bolde was arrested by deputies at around 7 AM. Later, he was under the charges of embezzlement act code 1090A, and Perjury penal code 118A.
Bolde was arrested for fraud and dissembling in a Chinese Exchange Program Scheme. Many people want to know each and every detail related to Bill Bolde and who is he? Here are all the information available.
Who Is Bill Bolde? Embezzlement Fraud
As per the reports, he served as a principal at Saugus High School from 2003 to 2017 for 14 years. Along with this, he also worked as an assistant principal for Canyon High School from 2000 to 2003. He spent his entire life as an educator. Currently, he is 65-years-old.
Bill Bolde also served for the SCV Economic Development Corporation board, the Henry Mayo Hospital Foundation, the Bridge to Home Program, SCV Senior Center, and Vallery Industry Association (VIA).
The LinkedIn profile of Bolde reveals that he graduated from the University of LaVerne and he earned his Master’s degree in Education. It was informed to the School District about the investigation regarding to the allegations. School District also cooperated with the law and respected the efforts in the case. The district did not comment further over this investigation.
We have told above that Bolde was arrested for perjury and embezzlement in a Chinese Exchange Program Fraud Scheme on December 11, 2021. In this program, around 200 students were exchanged between Saugus High School and School GaoXin in China for 14-years. He was arrested in a lieu of $45,000 bail.
Now, the investigation is underway and authorities are searching for other links in this fraud case. The officials are trying to contact Bolde but he has not released any statement yet.