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Theater treasurer arrested for theft

By BLAINE CRIMMINS, Staff writer
The Colony police arrested Sheila Gilchrist, 36, of The Colony on Thursday on a felony charge of theft between $1,500 and $20,000. The arrest stems from allegations that Gilchrist, as treasurer of Lakeside Community Theatre, stole $8,371 from the theater's bank account.
According to the arrest affidavit, the theater board requested a treasurer's report from Gilchrist on Aug. 26. Upon receipt, "the report raised some questions with the board about the actual amount in the account," stated the affidavit, as the report showed a balance of $16,182 while a bank statement showed only $9,961.
The affidavit further states that Gilchrist met with LCT's executive board two days later on Aug. 28. During the meeting, she admitted to using the account for personal use since May 2008 and that she was unable to repay the missing funds.
Gilchrist was released from custody after posting a $4,500 bond on Thursday.
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