Rita Crundwell, financial officer who allegedly stole millions of dollars from Illinois city, to be arraigned
This Nov. 2011 photo provided on April 18, 2012, by The American Quarter Horse Journal, shows Rita Crundwell, of Dixon, Ill., posing with Pizzazzy Lady at the 2011 American Quarter Horse Association World Championship Show in Oklahoma City. On Tuesday, April 17, 2012, FBI agents arrested Crundwell, the Dixon comptroller, on charges that she stole more than $3.2 million in public funds from the city of Dixon in just a matter of months. She also was accused of misappropriating more than $30 million since 2006 to finance a lavish lifestyle, including operating a horse farm.
(CBS/AP) ROCKFORD, Ill. - Rita Crundwell, the former financial officer for the northern Illinois city of Dixon, is slated to appear in court to face charges that accuse her of stealing tens of millions of dollars from the community.
Crundwell is expected to enter a plea at her arraignment Monday.
A federal grand jury last month returned an indictment charging Crundwell with wire fraud for allegedly siphoning more than $53 million from Dixon since 1990 into a secret account.
Prosecutors contend that she used the money to fund one of the nation's leading horse breeding operations. They also claim she used the case to feed a lavish lifestyle that kept her outfitted with cars and hundreds of thousands of dollars' worth of jewelry.
Her attorney, Paul Gaziano, has refused to comment on the case, citing rules of the federal defender program.