(CBS DETROIT) — Former Detroit Riverfront Conservancy CFO William Smith pleaded guilty Friday to embezzling more than $40 ...

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Smith sighed before detailing his transgressions in court Friday. He spoke quietly as he admitted diverting millions for his ...

The guilty plea is the latest development in one of the most lucrative criminal schemes in Detroit history and comes amid ...

Over 12 years, the former CFO of the Detroit Riverwalk Conservancy embezzled millions of dollars from the nonprofit group.

William Smith, the former chief financial officer of the Detroit Riverfront Conservancy, pleaded guilty to stealing US$44 ...

The former CFO of the Detroit Riverfront Conservancy pleaded guilty to financial crimes stemming from the embezzlement of $44 ...

The former Chief Financial Officer for the Detroit Riverfront Conservancy has pleaded guilty to federal charges in a "scheme' ...

The former CFO of the Detroit Riverfront Conservancy, William Smith, has pled guilty to embezzling over $40 million.

Former Detroit Riverfront Conservancy CFO William Smith leaves the Federal Courthouse after pleading guilty in stealing more ...

Former Detroit Riverfront Conservancy CFO William A. Smith, 52, pleaded guilty Friday to embezzling more than $40 million ...

William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds ...