Wednesday, February 5, 2014

Ex-Music Exec Charged With Embezzlement

Danielle Smith
A former Warner Music executive — a top Hollywood fund-raiser for President Obama — embezzled more than $1 million from the record label, Manhattan prosecutors charged Tuesday.

According to The NY Post, Danielle Smith, 45, flew from California and turned herself in at the Manhattan District Attorney’s Office. She was arraigned on charges of first-degree grand larceny.

Smith, who had been the California-based national director for Warner Music, allegedly used a corporate credit card to rack up $1.3 million in charges for personal items, prosecutors said.

Smith’s duties at Warner Music, headquartered in Manhattan, included scouting and signing artists, as well as arranging their travel and lodging, sources said.

But Smith also used her Warner Music business card to fund a luxury lifestyle, sources said.

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