Feds charge in Riverfront embezzlement case, more Michigan Central thoughts

Daily Detroit

Today is anchored by two big stories and two of our favorite returning contributors.

The stories involve charges (and lavish details) against former Detroit Riverfront Conservancy CFO William Smith, and more thoughts on Michigan Central's renovation with a pair of people who toured it.

Joining Jer as we return to the friendly confines of the studio at TechTown are Robin Runyan of Urbanize Detroit and Norris Howard.

• Detroit Riverfront Conservancy Embezzlement Case: William Smith, the former CFO, has been charged with bank and wire fraud in a federal court. The allegations involve a scheme to embezzle tens of millions of dollars, using conservancy funds for personal expenses and unauthorized payments to a company he controlled. Our hosts dive deep into the details and implications of this scandal.
• Michigan Central Station Transformation: Both Robin and Norris share their impressions of the newly renovated Michigan Central Station. From its architectural grandeur to the future potential of the space, this segment highlights the emotional and cultural significance of the project for Detroit.

Background reading:

Former Detroit Riverfront Conservancy CFO Charged with Embezzling Tens of Millions of Dollars from Conservancy [U.S. Attorney]

Feds: Embezzled millions funded ousted Riverfront Conservancy CFO's lavish lifestyle [Freep]

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