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The Independent UK
The Independent UK
National
Via AP news wire

A Detroit nonprofit's former finance chief gets 19 years for $40 million theft

Detroit-Riverfront-Embezzlement - (ASSOCIATED PRESS)

A former executive at a major Detroit nonprofit was sentenced Thursday to 19 years in prison for stealing more than $40 million meant to help beautify the city's riverfront.

Investigators said William Smith routinely used Detroit Riverfront Conservancy money for travel, hotels, limousines, household goods, clothing and jewelry. He had side gigs in real estate, a nightclub and amateur basketball.

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