Former Dixon City Comptroller Pleads Guilty to Theft of $53-MillionROCKFORD, Ill. (AP) - A former comptroller accused of stealing $53 million from her small northern Illinois city to fund a lavish lifestyle has pleaded guilty. Rita Crundwell entered the plea Wednesday in Rockford federal court. Her sentencing hearing is scheduled for Feb. 14.
The 58-year-old former comptroller of Dixon was accused of using her modestly paid municipal job to steal tax dollars, support an extravagant lifestyle and win national fame as a horse breeder. Crundwell had been city comptroller since the 1980s, and prosecutors say she stole more than $53 million since 1990.
Dixon is about 100 miles west of Chicago.
Mayor James Burke said Tuesday that a guilty plea would clear the way for U.S. Marshals to start selling off millions of dollars of assets still in Crundwell's name.
See other LocalNews news:Minor League and Tavie Tots Celebrate Joining the Two Downtown Salem Businesses
Illinois House Moves to Block Contentious Pay Raise for Lawmakers
Rauner Signs Expanded Eligibility Law for Food Stamps Users
New Dollar General Store Construction in Centralia Sees Progress
Lake Centralia Resident Requests Clean Water Testing from City Manager