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Response to Tansy_Gold (Original post)

Thu Apr 19, 2012, 09:21 AM

30. Alleged $30M Theft By Comptroller Stuns Ill. City

 

http://www.npr.org/2012/04/19/150901002/illinois-town-treasurer-accused-of-embezzling-30m?ft=1&f=1001

The top financial official for the small city of Dixon, Ill., is accused of stealing more than $30 million from city coffers over the past six years. It's a staggering amount of money for the city of just 15,000 residents in northwest Illinois, and federal prosecutors allege she used the funds to finance a lavish lifestyle that included horse farms and a $2 million luxury motor home.

Federal prosecutors charged Rita Crundwell, who has been the trusted treasurer and comptroller of Dixon for close to 30 years, with fraud for allegedly misappropriating more than $30 million in city funds since 2006. FBI agents arrested the 58-year-old Crundwell on Tuesday and led her out of Dixon's City Hall in handcuffs...

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