![]() ![]() Crundwell, pleaded guilty to a federal fraud charge today, admitting that she stole more than 53 million from the city. Sale of Crundwell's homes, horses and other assets so far has brought about $9.3 million to the city, which also received a $30 million settlement with its former auditors and bank. ROCKFORDThe former comptroller of the city of Dixon, Illinois, Rita A. The assets include about 700 trophies Crundwell won in horse competitions, a computer, clothing, bicycles, patio chairs, two motorized scooters and an all-terrain vehicle. 14, 2013, Crundwell was sentenced to 19 years and seven months. Crundwell's attorney Ruth Robinson had argued that the items lacked "objective value." (CBS)- Former Dixon city comptroller Rita Crundwell was released from prison Wednesday, years ahead of schedule. David Wolfe and Dana Hermanson proposed the change to the Fraud Triangle by adding a fourth element of ‘capability,’ rechristening it The Fraud Diamond. Rita Crundwell started working for the City of Dixons finance department as a high school student, but she eventually became the citys treasurer and. Former Dixon comptroller Rita Crundwell, convicted of embezzling nearly 54 million from the city, is asking for a compassionate release from federal prison. ![]() Marshal's Service located them after her sentencing. was arrested on Tuesday by the FBI on a federal charge for stealing more than 3.2 million in public funds since last fall. The Fraud Diamond Framework was an improvement on the earlier ‘Fraud Triangle’ used by forensic accountants to detect accounting fraud. Rita Crundwell pleaded guilty last week to a federal charge of wire fraud, admitting she stole more than 53 million from the city of Dixon, Ill., while serving as the city’s comptroller. Prosecutors asked for the items to be turned over in December after the U.S. Crundwell was arrested in 2012 and later pleaded guilty to wire fraud. She used the money to support a lavish lifestyle and a nationally renowned horse-breeding operation. District Court Judge Philip Reinhard ordered on Tuesday that Crundwell forfeit the items to help repay more than $53 million in restitution that she owes the city of Dixon, The (Dixon) Telegraph reported ( ).Ĭrundwell is serving 20 years in a federal prison in Minnesota for stealing from the city over two decades while she was comptroller. As city comptroller of Dixon, IL, Rita Crundwell stole 53 million of public funds across 20 yearsmaking her the perpetrator of the largest case of. ![]() ROCKFORD - A federal judge has ruled that imprisoned former Dixon comptroller Rita Crundwell can't keep a collection of horse trophies and other personal items stored in Illinois and Wisconsin. ![]()
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