Additional Crundwell Inventory Seized

Excerpt courtesy of TheHorse

Embellished show shirts, a pair of ceramic horses, a kangaroo skin, and a tee shirt signed by football Hall of Famer Terry Bradshaw are among the things listed in the federal government’s latest inventory of items once belonging to convicted embezzler Rita Crundwell.

In 2012, a federal grand jury indicted Crundwell for misappropriating more than $53 million in funds from the city of Dixon, Illinois, where she had served as comptroller since the 1980s. Federal agents later charged her with one count of wire fraud. Crundwell initially pleaded not guilty to the charge, but later changed her plea to guilty under a plea deal. Under that agreement, Crundwell admitted to stealing the funds from the city and using them to finance her Quarter Horse business. Crundwell also agreed that she owed Dixon $53,740,394 in restitution. She was sentenced to serve nearly 20 years in federal prison.

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