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.
For years, William Smith controlled the money at the Detroit Riverfront Conservancy, which is transforming miles of shore along the Detroit River into recreation space, with plazas, pavilions and parks.
“We are pleased to see Will Smith begin to be held accountable for his disgraceful actions," Chief Executive Ryan Sullivan said.
