Dixon is a northern Illinois community of 16,000 and a budget of $8 million a year. Dixon is best known for being the site of Ronald Reagan's boyhood home.
For more than two decades as comptroller, Crundwell siphoned city funds [$53 millions] to pay for properties, vacations, luxury cars and a horse-breeding operation that became nationally renowned. She crisscrossed the nation attending horse shows and acting every bit the wealthy horse owner, while Dixon had to borrow $3 million to pay city bills.
As the town's comptroller, Rita Crundwell earned an annual salary of $80,000.
She was sentenced to 19 1/2 years in prison for what authorities have called the largest municipal fraud in the country’s history.
The judge ordered Crundwell to pay full restitution – $53.7 million – as per the terms of her deal.
This is not a story I can trust. You can't steel 25% of the town's revenue for twenty years without others noticing. The investigation must continue.
Just a thought.
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