A former executive director of a South Carolina nonprofit organization is facing serious criminal charges after allegedly misappropriating funds intended for community development. Darrel President, Sr., 56, was charged with breach of trust with fraudulent intent, involving over $44,000 withdrawn without board approval.
Key Takeaways
- Darrel President, Sr. charged with breach of trust.
- Allegedly withdrew over $44,000 from nonprofit funds.
- Funds were intended for a community center project.
- Investigation revealed personal enrichment from the funds.
- President is being prosecuted by the Sixth Circuit Solicitor’s Office.
Background of The Case
The South Carolina Law Enforcement Division (SLED) announced the charges against President on Wednesday. The Greenbrier Resource Community Development Center (GRCDC), where he served as executive director, received $100,000 in state-funded grants from May 2022 to July 2023. These funds were earmarked for the construction of a community center in Fairfield County.
Details of The Allegations
According to the arrest warrant:
- Time Frame: The alleged misconduct occurred between May 19, 2023, and February 29, 2024.
- Unauthorized Withdrawals: President withdrew more than $44,000 from the GRCDC bank account without the knowledge or approval of the board members.
- Admission of Guilt: When questioned by the board, President admitted to the withdrawals and agreed to repay the amount.
- Personal Use of Funds: Investigations revealed that the funds were used for personal enrichment rather than for the intended community development purposes.
Legal Proceedings
Following the investigation, President was booked into the Fairfield County Detention Center. He is set to face prosecution by the Sixth Circuit Solicitor’s Office, which will handle the legal proceedings against him.
Community Impact
The alleged actions of President have raised concerns within the community regarding the management of nonprofit organizations and the safeguarding of public funds. The GRCDC was established to foster community development, and the misuse of its funds undermines the trust placed in such organizations by the community and state.
Conclusion
The case against Darrel President, Sr. serves as a reminder of the importance of transparency and accountability in nonprofit organizations. As the legal proceedings unfold, the community will be watching closely to see how justice is served in this significant case of alleged fraud.
