Almost $8 million collected from sale of Crundwell's assets - WREX.com – Rockford’s News Leader

Almost $8 million collected from sale of Crundwell's assets

Posted:
Rita Crundwell - File Rita Crundwell - File
DIXON (WREX) -

As of December 10, 2012, the sale of Rita Crundwell's assets has garnered $7,933,699 in total proceeds.

Crundwell, the former comptroller for Dixon, has pleaded guilty to one count of federal wire fraud for stealing over $53 million from the city while she was employed there. She also faces 60 counts of theft in Lee County for the same accusation.

Crundwell agreed to the liquidation of her assets earlier this year. So far, the following has been sold:

$180,759 – Personal assets from Dixon, Ill., via online auction 12/8/12

$94,975 – Personal assets from Englewood, Fla., via online auction 12/7/12

$387,570 – vehicles and boats:

$47,010 – 2009 US Cargo Mate Eliminator 50' trailer (sold via online auction 12/6/12)

$43,060 – 1967 Chevrolet Corvette Roadster (sold via online auction 12/6/12)

$26,690 – 2012 Chevrolet Silverado (sold via online auction 12/6/12)

$24,130 – 2005 Ford Thunderbird (sold via online auction 12/6/12)

$23,210 – 1998 Cobalt 25LS boat with trailer (sold via online auction 12/6/12)

$6,500 – 2000 Playbouy 20' fish and run boat (sold via online auction 12/6/12)

$2,520 – 2011 John Deere tractor (sold via online auction 12/6/12)

$31,500 - 2012 Featherlite 40' box trailer (sold via online auction 11/14/12)

$46,000 - 2012 Chevrolet 3500HD Silverado (sold via auction in metro Chicago 10/20/12)

$26,000 - 2009 Hearthland Cyclone 3950 5th Wheel (sold via auction in metro Chicago 10/20/12)

$25,500 - 2002 Lexus SC430 Convertible (sold via auction in metro Chicago 10/20/12)

$24,500 - 2007 Chevrolet K3500 Silverado Pickup (sold via auction in metro Chicago 10/20/12)

$22,500 - 2007 Hummer H2 (sold via auction in metro Chicago 10/20/12)

$19,500 - 2010 GMC Terrain SUV (sold via auction in metro Chicago 10/20/12)

$12,500 - 2005 Chevrolet K1500 Silverado Z71 (sold via auction in metro Chicago 10/20/12)

$3,700 - 2008 EZ-Go Golf Cart (sold via auction in metro Chicago 10/20/12)

$1,900 - 2007 TN Enclosed Trailer (sold via auction in metro Chicago 10/20/12)

$850 - 2002 Moskito RX Scooter (sold via auction in metro Chicago 10/20/12) 

$15,000 – Horse insurance mortality claim (from one horse that died) received 12/6/12

$9,000 – Farm lease payment received

$24,950 - Horse lab and breeding equipment (7 lots sold via online auction 11/14/12)

$1,674,700 - Horses via online auction (Sept. 11, 12) - includes $33,500 for horse re-sold from live auction due to buyer default

$3,755,300 - Horses via live auction in Dixon, Ill. (Sept. 23-24)

$892,945 - Tack and equipment during live horse auction

$98,500 - Frozen horse semen during live horse auction

$800,000 - Luxury motor home (via online auction ended Sept. 25)

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WREX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Trista Truesdale at (815) 335-7856. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.