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Illinois,Rita Crundwell embezzled over 53 million dollars
3 years ago
7.71K
During her time as City Comptroller for Dixon, Illinois,Rita Crundwell embezzled over 53 million dollars.Rita was one of the country's leading quarter horse breeders and winner of 52 world championships.But the cost of maintaining the herd ran to 200,000 dollars per month.Because her position gave her complete control over city finances,she was easily able to divert money to an account she used for private expenses,and the scheme went unnoticed for 20 years.It is believed that Crundwell felt entitled to a lavish lifestyle based on her position,and the notoriety her winnings brought to the city.
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