Dixon to get $40 million back after Crundwell theft - WREX.com – Rockford’s News Leader

Dixon to get $40 million back after Crundwell theft

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

The city of Dixon will get approximately $40 million back after former comptroller Rita Crundwell stole over $52 million from the community over the course of two decades.

A lawsuit the city filed with auditors and a bank in connection to the thefts has been settled for $40 million. Around $10 million was raised by federal officials by selling Crundwell's belongings. Ten million dollars in expenses will be taken out of that $50 million total, leaving the city with about $40 million in restitution.

Crundwell is currently serving a nearly 20 year prison term for stealing the money and spending it on her own lavish lifestyle and national horse-breeding operation.

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