Wednesday, June 05, 2024

Forget it Jake, It's Detroit.

The more things change, the more they stay the same:

The Detroit Free Press: Feds: Embezzled millions funded ousted Riverfront Conservancy CFO's lavish lifestyle

Is anyone at this point really surprised about embezzlement by Detroit officials? 

Apparently some credulous fools are: Amid $40 million embezzlement probe, Detroit Riverfront Conservancy has work to do

Say it ain’t so, Riverfront Conservancy. 

Like the rest of metro Detroit, we've watched with dismay as news of financial malfeasance at the Detroit Riverfront Conservancy trickled out over the last month: A Michigan State Police investigation into missing money, quickly handed off to the FBI. The suspension and firing of the conservancy's CFO. And an auditor's report that estimates the sum of money potentially diverted by that CFO — who may now be missing — at more than $40 million.

The riverfront — the conservancy — must survive this.

But regaining the faith of the community that believed in the riverfront — rebuilding trust with the funders who paid for much of this transformation — must be job one.

 Not sure how the Detroit Free Press Editorial Board could write that last bit with a straight face.

It's the same Detroit Corruption Game, only the players have changed.

2 comments:

Eaton Rapids Joe said...

Visiting their website, the primary goal of the "Conservancy" is to maintain a trail.

Why does it take MILLIONS of dollars to do that? Lemme guess, $5M for you, $5M for me and $10,000 for the dope from St Clair Shores who is going to do the actual work.

Old NFO said...

Fools all... Y'all 'should' know better.