The $1.48 million suburban home of former Detroit Riverfront Conservancy CFO William Smith went on sale Sept. 10, offering an intimate look at the lair where one of biggest crooks in Detroit history lived when he orchestrated a $44 million heist.
The five-bed, six-bath, 3,766-square-foot home in a gated Novi community hit the market with permission from a federal judge in a controlled process that is expected to give the nonprofit a chance to recoup more money stolen in one of the area’s largest, longest-running and most lucrative frauds.
The real-estate listing debuted three months after Smith lost an appeal of his 19-year federal prison sentence for stealing $44.3 million — money that was supposed to be spent revitalizing Detroit’s industrial riverfront…