WXYZ-TV Detroit | Channel 7 | Former Detroit Riverfront Conservancy CFO court hearing postponed to rehash plea deal @wxyztvdetroit | Uploaded October 2024 | Updated October 2024, 1 day ago.
The former CFO of the Detroit Riverfront Conservancy, William A. Smith, was back in court Monday. Smith is accused of embezzling somewhere between $25 million and $65 million from the nonprofit over the course of 12 years. Monday he faced Judge Susan DeClercq for a plea hearing on charges of wire fraud and laundering of monetary instruments. Both charges carry a maximum sentence of 20 years.
The former CFO of the Detroit Riverfront Conservancy, William A. Smith, was back in court Monday. Smith is accused of embezzling somewhere between $25 million and $65 million from the nonprofit over the course of 12 years. Monday he faced Judge Susan DeClercq for a plea hearing on charges of wire fraud and laundering of monetary instruments. Both charges carry a maximum sentence of 20 years.
