Dixon City Council approved a $40-million settlement with auditors and Fifth Third Bank at a special meeting today. The out-of-court settlement was reached on Friday with the companies the city blames for allowing former comptroller Rita Crundwell to embezzle $54-million over twenty years.
Former Dixon Comptroller Rita Crundwell was sentenced today to serve 235 months -- 19 years and 7 months -- in prison on one federal count of wire fraud resulting from her embezzlement of more than $53 million in public funds from the City of Dixon.
A two-day horse auction in Dixon has netted nearly five million dollars, according to a U.S. Marshals Service representative. More than 300 of Rita Crundwell’s horses were sold Sunday and Monday. The former Dixon comptroller is accused of stealing more than 53-million dollars from the city. WNIJ’s Susan Stephens has more from Monday’s auction at Crundwell’s horse farm.
Former Dixon Comptroller Rita Crundwell now faces more charges related to missing city funds.
Lee County State's Atty. Henry Dixon announced this afternoon that a grand jury has indicted Crundwell on 60 felony theft counts, said to have taken place between January 19, 2010, and April 16, 2012. Each count accuses her of stealing more than $100,000 from the city while serving as comptroller.
A federal judge has granted permission to the U.S. Marshals Service to begin selling 401 quarter horses owned by former Dixon Comptroller Rita A. Crundwell.
Federal marshals wanted permission to sell some or all of the more than 400 horses owned by former Dixon Comptroller Rita A. Crundwell because of “burdensome” costs, according to a federal court filing this week.
Two interim comptrollers hired by the City of Dixon have discovered that fired Comptroller Rita Crundwell transferred money out of the police and fire pension funds to pay city bills Dixon Mayor Jim Burke told sauk valley.com about $100,000 was transferred out of the pension fund, which is not supposed to be touched, and into the general fund from which bills are paid.