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Former Warner Music exec allegedy embezzled over $1M

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.

Danielle D. 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 worked in the Los Angeles in the “urban”  unit of Warner Music’s Atlantic Records division, allegedly used a corporate credit card to rack up $1.3 million in personal charges, 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 credit card to fund a luxury lifestyle, sources said.

She booked rooms in posh hotels and airfare for personal vacations and trips herself, and shelled out for “luxury goods” — resulting in whopping charges being billed to the company credit card between 2007 and 2011, according to law-enforcement sources.

Smith resigned from Atlantic in late 2011, while she was under internal investigation for the credit card charges, sources said.

In 2012, Smith was one of several “Hollywood power women” touted by the Hollywood Reporter for their clout in fund-raising for Obama’s re-election bid.

She was listed as a top bundler, pulling in between $200,000 and $500,000 for the president.

Tuesday’s indictment did not itemize Smith’s big-bucks buys, and prosecutors declined to elaborate.

The business credit card was issued in Smith’s name, and the exec used it to “make charges in excess of $1 million that weren’t business charges,” said ­Assistant District Attorney Eve ­Teipel in court.

Warner brass alerted the Manhattan DA’s Office to the ­alleged theft.

Smith looked haggard in court, wearing black-rimmed glasses, a purple sweater and a gray wool coat.

She pleaded not guilty before Justice Gregory Carro, who set bail at $1  million.

Her lawyer, Scott Leemon, has represented rappers 50 Cent and Jim Jones.

Smith’s mother flew with her from California and agreed to put up a retirement fund to spring her daughter on bail, working with bail bondsman to the stars Ira Judelson.

“She denies the allegations and we look forward to exonerating her,” said Leemon.

Smith is due back in court Wednesday morning.

A Warner Music spokesman declined comment, citing the ongoing criminal investigation.