Crundwell horses, equipment fetch more than $4 million

Rita Crundwell Quarter Horses. Photo by Alex Garcia, Chicago Tribune.

UPDATE: The Chicago Tribune reports: "More than 300 horses as well as equipment and vehicles from indicted former Dixon Treasurer Rita Crundwell's world-class operation sold for $4.79 million at an auction this week amid a crowd of eager horse enthusiasts from around the world and curious natives of the small northwestern Illinois town." If you… Continue reading Crundwell horses, equipment fetch more than $4 million

Remaining Crundwell horses to be auctioned Sunday, Monday

Cross-posted from Rockford Register Star DIXON — The U.S. Marshals Service will sell the remainder of the Rita Crundwell herd of quarter horses — more than 300 — via a live and Web simulcast auction in Dixon on Sunday and Monday, starting at 11 a.m. each day. The auction will be held at the RC… Continue reading Remaining Crundwell horses to be auctioned Sunday, Monday

First of indicted Dixon treasurer’s horses bring $1.64M in online auction

Rita Crundwell Quarter Horses. Photo by Alex Garcia, Chicago Tribune.

by MELISSA JENCO Cross-posted from Chicago Tribune About 80 horses once owned by indicted former Dixon Treasurer Rita Crundwell brought in $1.64 million this week at an online auction, money that ultimately could go to the northwestern Illinois city's coffers to offset the huge losses from her alleged fraud scheme. The horses sold for a… Continue reading First of indicted Dixon treasurer’s horses bring $1.64M in online auction

Feds auctioning 93 Crundwell horses online

Crundwell Horse. Photo credit: Alex T. Paschal.

by THE ASSOCIATED PRESS WASHINGTON (Sept. 7, 2012) -- The U.S. Marshals Service will auction the first 93 of hundreds of horses owned by a former Illinois city official charged with stealing public funds. The online auction at http://www.professionalauction.com will start at noon Friday and will close on Tuesday for 46 of the horses and… Continue reading Feds auctioning 93 Crundwell horses online

US Marshals Service chooses auctioneer for Crundwell horses

Alleged embezzler Rita Crundwell takes the prize. AQHA Photo.

CBS Channel 11 News Station WIFR reports: DIXON (WIFR) -- We now have a better idea of when Rita Crundwell's hundreds of horses will be up for sale. The U.S. Marshals Service has awarded a contract to an auctioneer. This is the release from the U.S. Department of Justice: "The U.S. Marshals Service has awarded… Continue reading US Marshals Service chooses auctioneer for Crundwell horses

Feds take over 300 horses from suspected Illinois embezzler

Rita Crundwell Foal.

Until now, we have not reported on the story of Rita Crundwell, the woman accused of embezzling in the neighborhood of $53 Million of public funds from the city of Dixon, Illinois. Crundwell reportedly used the money to support a lavish lifestyle including the breeding and exhibiting of world class Quarter Horses. What caught our… Continue reading Feds take over 300 horses from suspected Illinois embezzler