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William Smith, Detroit Riverfront
Former Detroit Riverfront Conservancy CFO William Smith admits he stole at least $44.3M
The guilty plea is the latest development in one of the most lucrative criminal schemes in Detroit history and comes amid ongoing search for what happened money stolen by ex-CFO William Smith.
Ex-CFO admits to stealing $40M from Detroit nonprofit in ‘astonishing’ scheme
Over 12 years, the former CFO of the Detroit Riverwalk Conservancy embezzled millions of dollars from the nonprofit group.
Ex-Detroit Riverfront CFO William Smith pleads guilty to wire fraud, money laundering
In court Friday afternoon, Smith sighed before detailing what he'd done wrong at the request of U.S. District Judge Susan DeClercq. Speaking quietly, he said that, around 2012, he began "to divert millions in Conservancy funds.
6h
Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million
William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds ...
The Alpena News
13h
Man pleads guilty to stealing millions from a major Detroit nonprofit firm
A man accused of stealing $44 million from a Detroit nonprofit group pleaded guilty Friday to financial crimes that stunned the organization and forced some delays in a major riverfront project. For ...
Hoodline
10h
Former CFO of Detroit Riverfront Conservancy Pleads Guilty to $40M Embezzlement Scheme
The former CFO of the Detroit Riverfront Conservancy, William Smith, has pled guilty to embezzling over $40 million.
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