Dixon, Illinois population: 15,511A former longtime treasurer of Dixon pleaded guilty today to fraud in federal court in Rockford for stealing $53 million from the coffers of the small northwestern Illinois city over two decades.
Rita Crundwell will remain free on her own recognizance until her sentencing on Feb. 14.
When asked her plea to the one count of wire fraud, Crundwell responded quietly, “Guilty.” Crundwell admitted to stealing the $53 million since 1990 and using the money to finance her championship quarter-horse business and a lavish lifestyle.
As part of her guilty plea, she also admitted she engaged in illegal money laundering. Under federal sentencing guidelines, prosecutors believe Crundwell faces up to 19 ½ years in prison, while Crundwell’s lawyers contend she faces no more than 15 ½ years.
This fraud took place over the last 12 years. Every single one of the village trustees should go to freakin' jail. $53 million from a town with a population of 15,511.
God!!! I love living in Illinois!!
Ex-Dixon comptroller pleads guilty in $53 million scam - chicagotribune.com
Do you believe that, at the very least!!! Gross negligence was going on with the rest of the town officials? How could this possibly happen?