- Associated Press - Thursday, December 3, 2015

DIXON, Ill. (AP) - A third auction of Rita Crundwell’s belongings has pushed the total amount of money recovered from the former Dixon comptroller to $125,000.

Crundwell is serving 20 years in a federal prison for stealing nearly $54 million from the city over two decades while she was its bookkeeper. She used the money to support a lavish lifestyle and a nationally renowned horse-breeding operation. Crundwell was arrested in 2012 and pleaded guilty to wire fraud.

The (Dixon) Telegraph reports (https://bit.ly/1TloJZq ) that the latest auction wrapped up Tuesday. The auctions have included items from Crundwell’s trophy and art collections and horse show memorabilia.

The city also reached a $40 million settlement with its former auditors and bank, and recouped $30 million of that after attorney’s fees.


Information from: Dixon Telegraph, https://www.saukvalley.com



Click to Read More

Click to Hide