#RITA CRUNDWELL FRAUD PROFESSIONAL#

She is an eight-time leading exhibitor at the American Quarter Horse world championship show. Part of the attention was driven by the Crundwell's horses, which have made her 'tremendously successful' in the quarter-horse world. Jennings said he was surprised by the show of interest in the auction from around the world, from people in Australia, Brazil, Europe. 'These bloodlines will be dispersed in the industry and will have an impact for quite some time,' he said.

#RITA CRUNDWELL FRAUD PROFESSIONAL#

Tim Jennings, co-owner of Professional Auction Services Inc., which managed the live auction of 319 horses on Sunday and Monday, said Crundwell would have probably never let go of many of the horses sold. On Tuesday, Crundwell's luxury motor home sold for $800,000. Earlier this month, an online auction sold 80 horses for $1.6 million. Also sold during the live auction were frozen horse semen for $98,500 and tack and equipment for $892,945.

The most expensive horse from the live auction, a three-time quarter-horse world champion called 'Good I Will Be' sold to a Canadian for $775,000. Attorney's Office for one count of wire fraud after allegedly helping herself to public funds since 1990.Īt the time of her arrest, FBI agents used seizure warrants at Crundwell's home, office, and her champion horse farm in Beloit, Wis., as well as another farm in Dixon, and seized contents of two bank accounts she controlled.Īs the town's comptroller since the early 1980s, Crundwell earned an annual salary of $80,000, according to the complaint filed in April in the Northern District Court of Illinois. Rita Crundwell, 59, comptroller of Dixon, Ill., is accused of fraudulently obtaining more than $53 million in city funds to support a 'lavish lifestyle,' including a large farm with over 150 horses, over $339,000 in jewelry, and numerous vehicles.Ĭrundwell was arrested in April and indicted in May by the U.S. 26, 2012 — - An auction of horses that belonged to an Illinois city comptroller indicted for stealing more than $53 million yielded $4.8 million this week, with millions in seized assets that have not been liquidated, says the U.S.

Rita crundwell fraud