Episode
Former CFO’s Mansion Sale Sparks Legal Battle | Detroit News
- Published
- Sep 11, 2026
- Duration seconds
- 106
- Processing state
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- https://sources.thednn.ai/b4b415d9541390b9
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Summary
Former Detroit Riverfront Conservancy CFO William Smith, now serving a 19-year sentence for stealing $44 million, is selling his $1.48M Novi mansion—with a pool, three-car garage, and luxury finishes—under court order to help recover stolen funds. Prosecutors say he lived extravagantly on the embezzled money, buying yachts, designer gear, and a nightclub, many of which carry heavy mortgages. The government has already cashed in on other assets, including a Southfield nightclub and a Georgia townhouse, but a legal battle looms: Smith’s ex-wife, Kimberly, claims the mansion and other assets were gifts or purchased with non-stolen funds, seeking to reclaim a major portion of the proceeds and retirement money. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/b4b415d9541390b9