lauraroeder
UKC Forum Member
Registered: Jun 2003
Location: illlinois
Posts: 1902 |
another black eye for illinois....
....The chief financial officer of Dixon, Ill., has been put on unpaid leave after she was arrested by FBI agents and charged with defrauding the city of $3.2 million and misappropriating another $30 million in city funds.
Rita Crundwell, of Dixon, Ill., faces charges that she stole more than $3.2 million in …
The arrest of Rita Crundwell, who was charged with a single count of wire fraud, has shaken the northwest Illinois town, which has a population of just under 16,000, according to the Chicago Tribune. Authorities say Crundwell stole the funds over six years to support her luxurious lifestyle.
Crundwell, an award-winning quarter horse breeder, spent the money on jewelry, a motor home, and her horse farms in Wisconsin, reports the Tribune.
Federal agents seized the contents of two bank accounts, seven trucks and trailers, three pickups, a $2.1 million motor home, and a Ford Thunderbird convertible -- all of which were purchased with illegal proceeds, according to federal authorities.
Dixon Mayor James Burke today told an audience of reporters and citizens that independent auditors had not noticed any issues of non-compliance and the city's bank had not noticed anything out of the ordinary, according to the Tribune.
The city will hire an investigator to determine how the alleged theft occurred
sadly, 30 miles from me. birthplace and home of late president ronal regan.
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