Former Warner Music executive and Obama fundraiser Danielle Smith has been accused of embezzling more than $1 million from the music group. Smith had been an exec in the urban music department of Atlantic Records in Los Angeles.
Smith reportedly booked non-business related trips and "luxury goods" on her company credit card totalling $1.3 million between 2007 and 2011. Lte last week, she turned herself in at the Manhattan District Attorney’s Office and was arraigned on charges of first-degree grand larceny, according to the New York Post. She pleaded not guilty.
During the 2012 election, Smith was a top Obama fundraising bundler attracting between $200,000 and $500,000 to the campaign. She is back in New York court on Wednesday morning.