Detroit Nonprofit Executive Sentenced
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major Detroit nonprofitABC News
•Business
Business & Economics
A Detroit nonprofit's former finance chief gets 19 years for $40 million theft

72% Informative
William Smith routinely used Detroit Riverfront Conservancy money for travel, hotels, limousines, clothing and jewelry.
He pleaded guilty in November to wire fraud and money laundering.
He was fired as chief financial officer last May and arrested the following month .
The conservancy is transforming miles of shoreline along the Detroit River into recreation space.
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