This series reports the unfolding details of former Detroit Riverfront Conservancy CFO William Smith and his alleged fraud that embezzled $40 million over the course of more than a decade from the nonprofit. Amid his alleged wire and bank fraud, the events also reveal a complete breakdown in internal financial controls over the Conservancy’s funding.
Read Article
Discussion –
0
Read Article
Discussion –
0
Detroit Riverfront Conservancy’s former CFO William Smith and the missing $40 million
Recent Post
Useful Links
You May Also Like
5 capabilities that differentiate high-efficiency organizations
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Given ever-shifting...
Ex-Detroit Riverfront CFO appeals 19-year sentence as impermissible
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. William Smith, the...
CFOs netted average of $8.4M in benefits via change in control pacts this year
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. When a big-ticket...