Key figure at Detroit riverfront nonprofit charged with embezzling millions

FILE- This June 24, 2014 file photo shows walkers and joggers along the Detroit RiverWalk in Detroit. A man who for years controlled the finances at a group that has turned Detroit’s riverfront into a popular attraction was charged Wednesday, June 5, 2024, with embezzling tens of millions of dollars. William Smith routinely used money from the Detroit Riverfront Conservancy to pay credit card bills for travel, hotels, limousines, household goods, clothing and jewelry, according to a criminal complaint unsealed in federal court. Smith, who was chief financial officer from 2011 until he was fired in May, was charged with bank and wire fraud. (AP Photo/Carlos Osorio_File)

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