Rita Crundwell, the former comptroller of Dixon, Ill., pleaded guilty to a charge of wire fraud in federal court Wednesday. Crundwell embezzled more than $50 million from her small town to bankroll a lavish lifestyle that included a nationally known horse-breeding operation. Her sentencing hearing is Feb. 14. (Associated Press)

Rita Crundwell, the former comptroller of Dixon, Ill., pleaded guilty to a charge of wire fraud in federal court Wednesday. Crundwell embezzled more than $50 million from her small town to bankroll a lavish lifestyle that included a nationally known horse-breeding operation. Her sentencing hearing is Feb. 14. (Associated Press)