Former Saugus High School principal arrested for embezzlement and perjury in former fraudulent Chinese exchange program

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Bill Bolde, former principal of Saugus High School, was arrested on Saturday for embezzlement and perjury after being investigated over an ongoing exchange program.

At around 7 a.m. on Saturday, deputies from the Los Angeles County Sheriff’s Department (LASD) Fraud and Cybercrime Division arrested and charged Bolde with embezzlement and perjury after he allegedly surrendered. to the police, according to LASD officials.

Bolde, current Executive Director of Career Services and Management at Masters University, was Principal of Saugus High School for 14 years and coach and teacher for 16 years before retiring in 2017.

See related: Former Saugus High Principal Bill Bolde to Head Career Services at Master’s University

“The district has been informed that the Los Angeles Public Integrity Unit is investigating allegations of misconduct involving former Saugus High School principal Bill Bolde,” William S. Hart High School district officials said on Saturday. Union in a press release. “The district has fully cooperated with the police and appreciates the efforts of the police in this matter. The District has no additional comments at this time.

The Chinese language program, which made it possible to exchange more than 200 students between Saugus high school and GaoXin School in China for the past 14 years, has been the subject of an ongoing fraud investigation related to Bolde’s embezzlement charges, according to LASD officials.

Bolde, 65, was arrested on Saturday in lieu of $ 45,000 bail, according to the Los Angeles County Sheriff’s Inmate Information Service.

KHTS made several attempts to contact Bolde, but could not reach him for comment.

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