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In 2021, William A. Smith, a nonprofit chief financial officer from Detroit, blew more than $100,000 on a personal two-day trip to Las Vegas. The private jet alone cost $94,000. In that short period Smith charged nearly $14,000 at Drai’s Beach Club and Night Club on the roof of the luxury Cromwell Las Vegas hotel-casino, where he stayed.
How do I even know these numbers, and why do I care? Detailed court filings, my friends. Smith pleaded guilty last year to embezzling an astonishing $44 million over 12 years from the Detroit Riverfront Conservancy.The agency has been redeveloping the 5½-mile-long Detroit River waterfront facing Canada with public and private money. Smith is to be sentenced April 24 in Detroit federal court on wire fraud and money laundering counts. The feds are asking District Judge Susan DeClercq for a sentence of 18 years in prison and restitution of $44.3 million, mostly to the nonprofit.
So Smith, 52, becomes the newest candidate for my long-running list, It Didn’t Stay Here. The roster consists of folks in trouble elsewhere for something that happened in that bug light of mischief called Las Vegas (here, the spending of funds stolen from someplace else). The list is a pointed refutation of “What Happens Here, Stays Here,” the famous marketing slogan the Las Vegas Convention and Visitors Authority used for many years. You can see a list of the nominees nearby.
In Smith’s case the Sin City piece, entirely funded from that stash, is pretty small beer. But it’s a concoction far-away prosecutors historically have been powerless to resist in drafting such criminal court filings for public, ah, consumption.
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