![]() ![]() I spent several days and weeks working at the Rockford FBI office. I have taken responsibility for my actions since the first day. I am going to do everything possible to make up for my mistakes. “If I am granted home confinement, I will be very low-keyed. “My crime does not pose a danger to the community,” she said. If released, Crundwell plans to live on her brother’s farm, just outside of Dixon. But she says she suffers from hypertension and high cholesterol, her kidney function is only 56%, and that she’s undergone a hip replacement since entering prison. She is currently incarcerated in the minimum-security Federal Correctional Institution in Pekin and claims to be a model prisoner. She was sentenced in 2013 to 19 years, seven months behind bars. While it may be more, officials say Crundwell stole $53.7 million from Dixon’s motor fuel tax. The scheme went undetected for more than 20 years until the city clerk discovered the RSCDA account in 2012, when Crundwell was on vacation. Her horses won more than 50 world championships. She used the cash to fund a lavish lifestyle that included vehicles, homes, RVs and one of the best quarter-horse breeding businesses in the United States. She also still faces 60 counts of felony theft in Lee County.Crundwell’s scam began in 1990, when she opened a secret bank and named it “Reserve Sewer Capital Development Account (RSCDA).” Meanwhile, she directed tax dollars to another account called the “Capital Development Fund.”Ĭreating phony invoices for capital improvements, many of which were never made, she directed money from the Capital Development Fund to the RSCDA. 14 for her federal wire fraud conviction. Crundwell is scheduled to be sentenced on Feb. Marshals also still plan to sell Crundwell's jewelry this winter, as well as several additional vehicles. They will hold three open houses on the property this month and will accept bids until Jan. Highway 52 in Dixon that sits on about six acres of land. Marshals recently received an unsolicited bid of $350,000 on Crundwell's main residence on U.S. "We said early on what our objectives in this case were, and that was to generate the greatest revenue for the victims of the crime as we possibly could," Wojdylo said. Dixon will recoup money from the sale of Crundwell's assets once the marshals and other lien holders have been paid what they are owed. The marshals have already collected about $8 million from the sale of Crundwell's 400 horses, personal property, a luxury motor home and other vehicles. Marshals are requiring buyers to pay closing costs in addition to more than $21,000 in property taxes. Closings on all three properties are expected in 30 to 45 days. Jason Wojdylo, chief inspector for the Marshals Service, would not release the identities of the separate buyers for the three properties because the sales are not completed. The offers rose to more than $3 million after interested buyers were allowed to submit counteroffers through Dec. That property as well as 81 acres of farmland in Lee County and a single family residence on a 43-acre plot of land on Dutch Road in Dixon initially netted a combined $1.69 million in unsolicited bids this fall. Authorities said she spent the money on a lavish lifestyle and her champion horse-breeding business that operated largely out of the 88-acre ranch on Red Brick Road in Dixon. She pleaded guilty in November to stealing more than $53 million from the small northwestern Illinois town over 22 years. Marshals Service will have raised about $11 million as part of an effort to recoup some of the massive losses suffered at the hands of Rita Crundwell, Dixon's longtime comptroller and treasurer. Once the sale of the three properties is completed, the U.S. A horse ranch, farmland and house that all once belonged to the convicted former treasurer of Dixon are poised to be sold for more than $3 million, federal officials said Wednesday. ![]()
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