Feds: Ex-comptroller to plead guilty in $53M scam

Associated Press Modified: November 13, 2012 at 3:46 pm •  Published: November 13, 2012
Advertisement
;

Authorities say Crundwell bought luxury homes and vehicles, and spent millions on her horse-breeding operation, RC Quarter Horses LLC, which produced 52 world champions in exhibitions run by the American Quarter Horse Association.

Prosecutors say Crundwell's scheme unraveled only after a co-worker filling in for her while she was on an extended vacation stumbled upon the secret bank account.

Her arrest stunned Dixon, a small city along a picturesque vein of the Mississippi River in Illinois farm country. Its 16,000 residents are largely lower-middle class, working at factories, grain farms, the local prison and a hospital, among other places.

Crundwell also has pleaded not guilty to 60 separate but related felony theft counts in Lee County.



Trending Now


AROUND THE WEB

  1. 1
    Listen to Britney Spears sing without Auto-Tune
  2. 2
    'Walking Dead' shut out of major Emmy categories
  3. 3
    Little Boy's Heartwarming Back-To-School Video Goes Viral
  4. 4
    Ellen DeGeneres Ready for 'Next Phase' of Her Career
  5. 5
    Joy Behar Rips Into Elisabeth Hasselbeck for ‘Hate-Filled Remark’ About Rosie O'Donnell
+ show more