How much did Rita Crundwell steal from Dixon?

Former Dixon comptroller who stole millions in city funds released early from prison. DIXON, Ill. (KWQC) – After a week of rumors on social media, the City of Dixon confirmed Wednesday that 68-year-old Rita Crundwell, convicted of stealing nearly $54 million from the city, has been released from federal prison.

How did Rita embezzle the money?

Embezzlement. On December 8, 1990, Crundwell opened a secret bank account named the Reserve Sewer Capital Development Account (RSCDA), making it appear to be a city account. In 1991, she stole $181,000, while in 2008 alone she managed to embezzle $5.8 million from a city with an annual budget of $8–9 million.

How long did Rita Crundwell embezzle money?

22 years
Rita Crundwell had first opened the fictional account in 1990, meaning that she had successfully stolen from the city for 22 years before being arrested. In those two decades she stole over $53 million from a city of less than 16,000 people.

Who was the former Comptroller of Dixon Illinois?

U.S. Attorney’s Office November 14, 2012. ROCKFORD—The former comptroller of the city of Dixon, Illinois, Rita A. Crundwell, pleaded guilty to a federal fraud charge today, admitting that she stole more than $53 million from the city since 1990 and used the proceeds to finance her quarter horse farming business and lavish lifestyle.

When did Rita Crundwell become Comptroller of Dixon?

In 1983, Rita Crundwell was appointed the treasurer and comptroller for Dixon, working in this capacity for almost three decades.

Who was the Dixon official who stole money?

Ex-Dixon official who stole $54 million from town still earns royalties on show horses By Tribune wire reports Jun 12, 2015 at 5:21 PM Rita Crundwell, former comptroller for the city of Dixon, is led away by attorney Paul Gaziano after she pleaded guilty in November 2012 in federal court in Rockford.

Who was the FBI agent in Dixon IL?

He announced the guilty plea with William C. Monroe, Acting Special Agent in Charge of the Chicago Office of the Federal Bureau of Investigation, and Daryl McPherson, United States Marshal for the Northern District of Illinois. Dixon, with a population of approximately 15,733, is located about 100 miles southwest of Chicago.