Rita Crundwell
4:17 am
Fri December 20, 2013

U.S. Marshals Service: $9.2 Million For Dixon

The U.S. Marshals Service has transferred $9.2 million to the U.S. District Court in the Northern District of Illinois. According to a news release, the money will be applied to the restitution ordered by the court to be paid to the city of Dixon in the Rita Crundwell fraud case.

A piece of Rita Crundwell's jewelry collection
A piece of Rita Crundwell's jewelry collection
Credit U.S. Marshals

The money represents net proceeds recovered from the federal seizure and forfeiture of Crundwell’s assets. Those included bank accounts, five properties, a luxury motorhome, more than 400 quarter horses, a jewelry collection and other personal belongings.  Total proceeds recovered were more than $12 million. Marshals spent about $1.8 million to seize, manage and sell the more than 500 assets that spanned 17 federal judicial districts in 13 different states.

The clerk of court will issue the restitution payment to the city of Dixon.

Crundwell pleaded guilty to a federal fraud charge in 2012 and was sentenced in February to nearly 20 years in prison. She is serving her sentence at a Federal Correctional Institution in Minnesota with a scheduled release date in 2030.

Final figures related to assets seized from Crundwell:

$12,216,447.05 – Total income

$  1,169,115.80 – Total court-ordered claims

$  1,832,682.34 – Total expenses

$  9,214,648.91 – Net proceeds

Source U.S. Marshals Service