The director of a grant-funded non-profit organization in South Carolina has been arrested following allegations of misappropriating $44,000 intended for a community center project. Darrel President Sr., 56, is accused of withdrawing funds without the knowledge of the board of directors, leading to a state investigation.
Key Takeaways
- Darrel President Sr. arrested for misusing $44,000 from the Greenbrier Resource Community Development Center.
- Funds were intended for a community center in Fairfield County.
- President admitted to the withdrawals after board inquiries and began repaying the amount.
Background of the Case
The Greenbrier Resource Community Development Center (GRCDC) received a total of $100,000 in state-funded grants from May 2022 to July 2023. These funds were earmarked for the construction of a community center aimed at enhancing local resources and services in Fairfield County.
Allegations Against Darrel President Sr.
According to warrants issued by the South Carolina Law Enforcement Division (SLED), President allegedly withdrew approximately $44,220 from the GRCDC’s bank account between May 2023 and February 2024. The withdrawals were made without the consent or knowledge of the organization’s board members.
- Total Amount Misused: $44,220
- Time Frame of Withdrawals: May 2023 – February 2024
- Total Grants Received: $100,000
Investigation Findings
The investigation revealed that the funds were used for personal expenses rather than the intended community center project. After being confronted by board members regarding the discrepancies in the financial records, President admitted to the unauthorized withdrawals. He has since begun repaying the misappropriated funds as of June 2024.
Legal Charges
Darrel President Sr. has been charged with breach of trust with fraudulent intent, specifically for amounts valued at $10,000 or more. This charge reflects the serious nature of the allegations and the potential legal consequences he may face.
Community Impact
The misappropriation of funds has raised concerns within the community about the integrity of non-profit organizations and the importance of transparency in financial dealings. The GRCDC was established to serve the community, and this incident has cast a shadow over its mission and operations.
Conclusion
The arrest of Darrel President Sr. serves as a reminder of the critical need for oversight and accountability in non-profit organizations. As the investigation continues, the community awaits further developments and hopes for a resolution that restores trust in local non-profits.
