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CFO of Detroit riverfront revitalization project charged with embezzling $40 million

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CFO of Detroit riverfront revitalization project charged with embezzling  million

A man who for years controlled the finances at a group that has turned Detroit’s riverfront into a popular attraction was charged Wednesday with embezzling tens of millions of dollars.

William Smith routinely used money from the Detroit Riverfront Conservancy to pay credit card bills for travel, hotels, limousines, household goods, clothing and jewelry, according to a criminal complaint unsealed in federal court.

The fraud is “simply astonishing in scale,” said U.S. Attorney Dawn Ison, who pegged the theft at $40 million.

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Smith, who was chief financial officer from 2011 until he was fired in May, was charged with bank and wire fraud. He was led into court in handcuffs and subsequently released on bond.

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Defense attorney Gerald Evelyn did not return a phone message seeking comment.

This June 24, 2014 file photo shows walkers and joggers along the Detroit RiverWalk in Detroit. A man who for years controlled the finances at a group that has turned Detroit’s riverfront into a popular attraction was charged Wednesday, June 5, 2024, with embezzling tens of millions of dollars. William Smith routinely used money from the Detroit Riverfront Conservancy to pay credit card bills for travel, hotels, limousines, household goods, clothing and jewelry, according to a criminal complaint unsealed in federal court. Smith, who was chief financial officer from 2011 until he was fired in May, was charged with bank and wire fraud. (AP Photo/Carlos Osorio_File)

Smith has not spoken publicly since the scandal broke on May 14 when the Riverfront Conservancy said he was being placed on leave. He was fired Friday.

The mission of the Riverfront Conservancy is to transform miles of shore along the Detroit River into a place for recreation with plazas, pavilions and green space.

Philanthropists and foundations have poured millions into ongoing projects, including the Ralph C. Wilson Jr. Foundation. Wilson, who died in 2014, lived in suburban Detroit and was the owner of the NFL’s Buffalo Bills.

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The 44-member Riverfront Conservancy board of directors is stocked with major business leaders and public officials, who have been stunned by the allegations.

“We each feel a sense of responsibility to overcome this horrific act,” the board said last week.

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Ohio

Term limits spur Ohio GOP reshuffle as DeWine nears end of final term

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Term limits spur Ohio GOP reshuffle as DeWine nears end of final term


Ohio’s term limits are set to create turnover in state government, but as the state heads toward November elections with open seats across the top offices, many of the same political figures are positioning themselves to stay in power by moving into different roles.

In 2027, Ohio will have a new governor as Gov. Mike DeWine reaches the end of his second term. With term limits affecting multiple statewide offices, the upcoming election cycle is shaping up as a round of political musical chairs.

The Ohio Constitution mandates term limits for state officeholders such as governor and attorney general. Voters also approved term limits in 1992 for state representatives and state senators. But instead of consistently producing new faces in Columbus, the limits have often led to officeholders shifting from one position to another.

  • Several prominent Republicans are already lined up for new races:
  • Republican Keith Faber, term-limited as auditor, is running for attorney general.
  • Frank LaRose, term-limited as secretary of state, is running for auditor.
  • Robert Sprague, term-limited as treasurer, is running for secretary of state.
  • Two term-limited legislators — former state Rep. Jay Edwards and term-limited state Sen. Kristina Roegner — are facing off in the primary for treasurer.

Catherine Turcer of Common Cause Ohio said the original intent behind term limits was to bring new lawmakers into the Statehouse.

“When we thought about the need for term limits, there was the sense, hey, we want to refresh the Statehouse,” Turcer said. “And that doesn’t happen when legislators go from one chamber to the other.”

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Republican strategist Terry Casey said the current dynamic reflects competing voter preferences.

“The public wants people experienced, but they also want turnover and change,” Casey said. “So this is kind of an unusual quirk that hasn’t happened previously in history. But again, do you want experience or do you want fresh faces? In reality, the public wants both.”

Undated file image of voters. The next election in Ohio is Tuesday, May 5, 2026 (WSYX)

Turcer said experience can be valuable, but she argued voters also wanted to prevent long-term consolidation of political influence.

“One of the things that voters really didn’t want was the accumulation of power,” Turcer said.

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She pointed to Matt Huffman as an example. Huffman served as president of the Senate, and when he was term-limited there, he ran for the Ohio House in 2024. He won and then became House speaker.

“So that’s not just jumping from one chamber to the other,” Turcer said. “That’s bringing along the political power and the long-term career that you have.”

While proposals occasionally surface to change Ohio’s term-limit rules, there are no active efforts underway, meaning the pattern of candidates moving from one office to another is likely to continue.



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South Dakota

SculptureTour Salina Began with Trip to South Dakota

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SculptureTour Salina Began with Trip to South Dakota


Nearly twenty years ago it started with a journey to Sioux Falls, SD to look for ideas there – to bring back to Salina.

Current Salina Mayor Mike Hoppock was part of the tour group searching for a creative connection to borrow.

 

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This weekend SculptureTour Salina will unveil the new 2026 exhibit during the UNwrap Party on Saturday, May 2nd.

According to Visit Salina, the 24 new sculptures will be simultaneously unwrapped at precisely 11:00 am. Everyone is encouraged to bring family and friends and come downtown for the big reveal.

Everyone is encouraged to vote for the People’s Choice. Pick up a Walking Tour/Ballot from: One of the silver boxes at the mid-block pedestrian crossings on Santa Fe, or one of many of the downtown merchants

You can vote for your favorite piece and return your ballot to one of the silver boxes.

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Wisconsin

Wisconsin secures 11th commitment from three-star defensive lineman

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Wisconsin secures 11th commitment from three-star defensive lineman


The Wisconsin Badgers seemingly can’t miss as they just landed their 11th commitment in the class of 2027.

After missing out on a three-star defensive lineman yesterday, Luke Fickell secured a priority target as Connecticut native Will Zaccagnino officially committed to the Badgers.

“I have been looking forward to this moment for a while,” Zaccagnino wrote. “First I thank God for the opportunities and my family, coaches and teammates for their support.

He continued, “I’m also grateful to every program and coach that recruited me through this amazing process. I am very excited to announce my commitment to the University of Wisconsin! I’m home!!!”

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247Sports lists Zaccagnino as the No. 3 player in his state. Overall, he hovers around the top 100 defensive lineman when it comes to players in the class of 2027.

May 29 marks Zaccagnino’s official visit with the Badgers. Currently, he still has visits lined up through June 19 with Syracuse, UConn, Missouri, and Michigan State.

Contact/Follow @TheBadgersWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Wisconsin Badgers news, notes and opinion.





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