Former Ill. Town Comptroller Cops To $53M Fraud

Law360, Chicago (November 14, 2012, 5:30 PM EST) -- A former official of Dixon, Ill., entered a federal plea deal Wednesday in which she admitted to stealing more than $53 million from the city since 1990 to fund her horse farming business and other expenses while she supervised the city's finances.

Former Dixon Comptroller Rita A. Crundwell, 59, copped to one count of wire fraud under the agreement, a charge that carries a maximum prison sentence of 20 years. The government pegged her advisory guideline range at 188 to 235 months in the deal, while...
To view the full article, register now.




Case Information

Case Title

USA v. Crundwell

Case Number



Illinois Northern

Nature of Suit

Date Filed

April 13, 2012

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.