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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 Oct. 22 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 the day of her arrest.
LCT board president Victoria Irvine issued a statement Monday on behalf of the community theater:
“As a result of an internal audit, the Lakeside Community Theatre board of directors has re-examined its current financial procedures and has made the necessary improvements to prevent reoccurrence. LCT cannot begin to express our disappointment in this unfortunate, isolated incident involving a trusted board member.
“However, this incident has created a more united board of directors, and we look forward to continuing to work with our community and city partners, entertaining and educating the community in theatre and the performing arts while providing a place for local talent to shine.”
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