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News Story
Updated: 01/30/2013 08:00:07AM

Embezzler’s assets fall
short of $53M she stole

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AP FILE PHOTO

The Englewood home of Dixon, Ill., comptroller Rita Crundwell is for sale. Crundwell pleaded guilty in November to embezzling $53 million from that city.

SUN PHOTO BY CLINTON BURTON, cburton@sun-herald.com

The Englewood home of admitted embezzler Rita Crundwell is one of the few remaining items the U.S. Marshals Service has left to sell to recover some of the $53 million she stole from Dixon, Ill. The house is located on East Fifth Street.

SUN PHOTO BY CLINTON BURTON, cburton@sun-herald.com

The Englewood home of admitted embezzler Rita Crundwell is on the market for $254,900. It is one of the few remaining items the U.S. Marshals Service has left to sell to recover some of the $54 million she stole from Dixon, Ill. The house is located on East Fifth Street.

By CLINTON BURTON

Assistant Englewood Editor

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ENGLEWOOD ­— Money from the sale of property owned by admitted embezzler and part-time Englewood resident Rita Crundwell isn’t expected to go very far toward repaying the $53 million she stole from citizens of Dixon, Ill.

Crundwell pleaded guilty in November to funneling public funds from the city of Dixon — a town of about 15,000 people about 100 miles west of Chicago, where she was comptroller — into her private bank account. The money helped finance her lavish lifestyle that included running a horse-breeding operation and buying a home on East Fifth Street in Englewood.

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