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And Smith obtained a $5 million line of credit in 2023 from Citizens Bank after "his embezzlement threatened to exhaust the Conservancy’s cash." ... Police raided ex-Detroit Riverfront ...
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.
A man who for years controlled the finances at a group that has turned Detroit's riverfront into a popular attraction was charged Wednesday with embezzling tens of millions of dollars. William ...
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 ...
Detroit Riverfront Conservancy Chief Financial Officer William Smith speaks during a press conference before the groundbreaking to expand the East Riverfront at the former Uniroyal site along the ...
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.
The William G. Milliken State Park's official address is 1900 Atwater Street, on the near east side of Detroit and adjacent to the Jefferson Avenue corridor. [5] In 2010, the city completed construction of the "Dequindre Extension" which connects the park to the Dequindre Cut .
EX-CFO William Smith’s indictment has raised questions about how region's top business, philanthropic and civic leaders missed years of alleged theft.