Dixon official did NOT steal $30 million dollars

[SoCalDem]

http://qctimes.com/news/state-and-regional/illinois/feds-dixon-official-stole-m-not-m/article_446bb602-93da-11e1-91e2-0019bb2963f4.html

She stole $53 Million

Show horses are expensive..just ask Ann & Mitt

and apparently she donated large sums to the republican party too..whattagal

and just HOW does a small town of 16K not miss 53 million dollars???????

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This Nov. 2011 photo provided on April 18, 2012, by The American Quarter Horse Journal, shows Rita Crundwell, of Dixon, Ill., posing with Pizzazzy Lady at the 2011 American Quarter Horse Association World Championship Show in Oklahoma City. On Tuesday, April 17, 2012, FBI agents arrested Crundwell, the Dixon comptroller, on charges that she stole more than $3.2 million in public funds from the city of Dixon in just a matter of months. She also was accused of misappropriating more than $30 million since 2006 to finance a lavish lifestyle, including operating a horse farm. (AP Photo/The American Quarter Horse Journal)


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Feds: Dixon official stole $53M, not $30M

The Associated Press | Posted: Tuesday, May 1, 2012 5:08 pm | (20) Comments


DIXON, Ill. — The former financial officer for the small northern Illinois city of Dixon stole millions of dollars more than originally thought, federal prosecutors said Tuesday as they announced plans to try to seize her trucks, boats, horses and even unborn foals she owns. A federal grand jury on Thursday returned an indictment charging Rita Crundwell with one count of wire fraud for allegedly siphoning more than $53 million from the city of 16,000 since 1990 into a secret account she controlled. Prosecutors originally alleged she had taken $30 million.

Prosecutors contend she used the money to pay for a lavish lifestyle as she worked as comptroller in Dixon, the boyhood home of the late President Ronald Reagan.

Prosecutors filed a civil lawsuit Thursday seeking 311 registered quarter horses and dozens of foals that are expected to be born this spring. A news release announcing the suit said prosecutors plan to sell the horses and “apply the proceeds toward restitution to the city of Dixon.” Prosecutors said the horses are subject to forfeiture because Crundwell either bought or “maintained them with criminal fraud proceeds.” At the same time, the indictment seeks criminal forfeiture of two residences, a horse farm in Dixon and a home in Florida. It also seeks a $2.1 million motorhome, more than a dozen trucks, trailers, motorized farm equipment, a pontoon boat, and cars, including a 1967 Chevrolet Corvette roadster. The indictment also seeks the forfeiture of more than $224,000 in cash from two bank accounts.
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[BlueToTheBone]

1. That was brazen!

311 horses! Yikes! OCD on top of it.

And of course, she's a Republican.

[nykym]

2. They also need to find out who she donated to

and DEMAND those candidates return the contribution to DIXON.
I am sure if it was a Dem they would be outraged and demand the same thing.

[SoCalDem]

3. Here's her bio.. I'm going to look for names she donated to

http://www.saukvalley.com/2012/04/26/piecing-crundwell-together/a1l5yyh/



DIXON – Rita Crundwell has had plenty of money the last 6 years – or, at least, that’s the case the FBI is making.

The former Dixon city comptroller lived well beyond her salary, according to authorities. She is accused of misappropriating $30 million in city funds.

When did she start coming upon big money?

Crundwell, now 59, started as comptroller in 1983. Through the rest of the 1980s, she appeared to have lived relatively modestly, according documents and newspaper clippings.


snip

[Whiskeytide]

4. This is just beyond comprehension...

... What kind of person does this without remorse or shame??? A horse farm????? Although, I did have a finance professor in the 80s who said once "If you're going to embezzle money, do it big. No sense risking jail over a few thousand dollars." We all laughed at the joke, but I now think some of the assholes in the class were taking good notes.