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Upstate principal charged with financial crimes

Apr 7, 2011 7:53:00 AM - thestate.com
South Carolina authorities arrested the principal of Liberty High School on Wednesday, charging him with embezzlement of public funds, breach of trust and financial transaction card fraud.

Randy S. Gilstrap, 53, of Liberty, has been principal of the Pickens County school for 15 years, according to a report from the Anderson Independent-Mail. The newspaper said he was released on a $35,000 bond Wednesday.

State Law Enforcement Division warrants accuse Gilstrap of stealing more than $10,000 from his school and the Pickens County School District between November 2008 and this February. The financial transaction card fraud charge relates to $500 transferred in the past six months.

Gilstrap and the school secretary-bookkeeper, Buea DeNard, were placed on paid leave in late February, the Independent-Mail reported. Liberty Police Chief Corky Miller said he expected more arrests.

SLED was asked to investigate the school's and district's finances by the Liberty Police Department.