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Ex-CFO Faces New Charge In $40M Detroit Embezzling Case

By Danielle Ferguson ( September 26, 2024, 9:39 PM EDT) -- The former chief financial officer of the Detroit Riverfront Conservancy accused of embezzling from the nonprofit to pay for luxury handbags and trips was arraigned in Michigan federal court Thursday on an additional charge, with prosecutors now saying the losses are likely more than the $40 million disclosed in the original complaint. ...

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