William Smith, who controlled the money at the Detroit Riverfront Conservancy, was arrested for stealing $44 million, impacting key riverfront projects.
'We are pleased to see Will Smith begin to be held accountable for his disgraceful actions,' said Ryan Sullivan, reflecting on the organization's relief.
Smith routinely diverted funds for personal luxuries, including travel and jewelry, and acknowledged a substantial loss of at least $44 million to the conservancy.
Cheyvoryea Gibson of the FBI stated, 'Mr. Smith's deceitful actions broke the trust of his employer and the entire community,' emphasizing the broader implications of the crime.
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