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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-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.
Former Detroit Riverfront Conservancy CFO William Smith pleads guilty to embezzling over $40M
Former Detroit Riverfront Conservancy CFO William A. Smith, 52, pleaded guilty Friday to embezzling more than $40 million from the nonprofit in a years-long scheme.
Former Detroit Riverfront Conservancy CFO William Smith pleads guilty in $44 million theft
Former Detroit Riverfront Conservancy CFO William Smith leaves the Federal Courthouse after pleading guilty in stealing more than $44 million.
Detroit Riverfront Conservancy's ex-CFO pleads guilty
Former Detroit Riverfront Conservancy CFO William A. Smith pleaded guilty in federal court to charges in a decade-long scheme to steal more than $40 million from the nonprofit Detroit Riverfront Conservancy.
Former Detroit Riverfront Conservancy CFO pleads guilty in $40M embezzlement scheme
(CBS DETROIT) — Former Detroit Riverfront Conservancy CFO William Smith pleaded guilty Friday to embezzling more than $40 million from the Conservancy. Smith pleaded guilty to one count of wire fraud and one count of money laundering. Both counts carry a maximum sentence of 20 years in prison.
Ex-Detroit Riverfront Conservancy CFO pleads guilty to embezzling more than $40 million
The former Chief Financial Officer for the Detroit Riverfront Conservancy has pleaded guilty to federal charges in a "scheme' to embezzle over $40 million.
Man pleads guilty to stealing millions from major Detroit nonprofit
DETROIT (AP) — 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.
Former Detroit Riverfront Conservancy CFO pleads guilty to embezzling over $40M
The former nonprofit CFO pleaded guilty to one count of wire fraud and one count of money laundering.
Opinion
Former Detroit Riverfront Conservancy CFO pleads guilty to wire fraud, money laundering
The former CFO of the Detroit Riverfront Conservancy is now facing 15 to 19 years in prison after pleading guilty to wire fraud and money laundering Friday.
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Detroit Riverfront Conservancy's ex-CFO pleads guilty to wire fraud and money laundering
Will Smith was behind the theft of more than $40 million from the nonprofit during a years-long scheme in which he ...
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