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CFO William A. Smith was sidelined after Detroit Riverfront Conservancy Board Chairman Matt Cullen said he “became concerned about the accuracy of management reports and financial statements ...
The ousted chief financial officer for the Detroit Riverfront Conservancy has been charged with bank fraud and wire fraud in a criminal complaint that alleges he stole $40 million, according to a ...
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.
The Detroit Riverfront Conservancy, incorporated as a 501(c)(3) organization, helped raise funds for the International Riverfront project. [1] Developers planned the initial east riverfront promenade investment at $559 million, which included contributions of $135 million from GM and $50 million from the Kresge foundation.
DETROIT (FOX 2) - The 52-year-old former chief financial officer of the Detroit Riverfront Conservancy pleaded guilty to federal crimes of wire fraud and money laundering on Friday. Will Smith was ...
Records show ex-Detroit Riverfront Conservancy CFO William Smith lost hundreds of thousands of dollars in restaurant deals.
William Smith is accused of taking more than $40 million from the nonprofit, spending it on a lavish lifestyle that included clothes, jewelry, travel, limos.
The riverfront conservancy must answer that question, and others. Detroiters are asking how alleged theft on this scale could happen. The riverfront conservancy must answer that question, and ...