Woman Steals Millions from Ronald Reagan’s Hometown

DIXON, Ill. (AP) — A northern Illinois woman accused of misappropriating more than $53 million from a city where she served as comptroller now faces 60 counts of felony theft.

Grand jurors in Lee County on Thursday indicted 59-year-old former Dixon official Rita Crundwell.

Each count accuses her of stealing more than $100,000 in government property and carries a possible punishment of up to 30 years in prison.

Before Thursday, Crundwell had faced just a single count of wire fraud in a federal case. She had pleaded not guilty.

Prosecutors say Crundwell siphoned the millions of dollars in taxpayers’ money into a secret bank account and used it to sustain a luxurious lifestyle as well as her nationally renowned horse-breeding operations.

Dixon is the boyhood home of the late President Ronald Reagan.

© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.


More From CBS St. Louis

KMOX Podcasts
As Heard On KMOX

Listen Live